A Personal Savings Account Designed to Help You Take More Control of Your Health Care

With an HSA, you can save money tax-free to pay for almost any medical cost. HSAs are tax-advantaged accounts for consumers who are covered by high-deductible health insurance plans.

Like any health care option, HSAs have advantages and disadvantages. You will need to consider your budget and what health care you're likely to need in the next year. Please see more information contained in our HSA FAQs.


  • Tax benefits - contributions made to an HSA by an employer may be excluded from the employee's gross income.

  • This account has the potential to earn interest. Interest and other earnings are tax free. See our rate sheet for details.

  • Distributions used to pay qualified medical expenses are tax free.

  • HSAs come with a VISA® debit card, and standard checks are available for purchase upon request.

  • Free online banking with Bill Pay (if attached to a primary checking account).

  • Portability - an HSA moves with the account holder if they leave their employer or the workforce.

  • Funds remain in the account from year to year until you use them. There is no "use it or lost it" rule with HSAs.

  • After age 65, HSA assets can be used for retirement, but may be subject to income tax if not used for medical expenses.

Things to consider:

  • $100 minimum opening deposit.

  • $300 minimum balance per statement cycle* is required to earn interest.

  • Monthly service fee: $3.

  • Paper Statements: $3 (waived if you accept statements electronically).

  • Custodial transfer fee of $25 applies when moving the account to another financial institution.

  • Account closure fee within first 90 days of $25. If you transfer the account to another financial institution within the first 90 days you will not be charged the transfer and closure fees.

To open an Health Savings Account, visit your local branch and speak with a customer service representative. Find a location near you.

Interest rate and Annual Percentage Yield may change at Bank's discretion. If you close your account before interest is credited, you will not receive the accrued interest.

   * Statement Cycle means the current monthly statement cycle, which is defined as from the first (1st) day of the month through the last day of the month.