Health Savings Accounts (HSA)

A health savings account can help you stay on top of health care costs while providing you tax-free savings.

How it works:

     1. Pay lower premiums with a higher deductible health plan1 (HDHP).

     2. Pay higher deductibles (when you have medical expenses).

     3. Make tax-deductible HSA contributions2.

     4. Pay your medical expenses with tax-free HSA withdrawals.

You can make tax-free withdraws from your HSA to pay for qualifying medical expenses.  This includes most medical, dental and vision expenses as permitted under federal tax law.  Complete information on HSA accounts can be found at the U.S. Department of Treasury HSA Resource Center.


We make it easy for individuals or businesses to establish a HSA plan.

Open HSA Calculator

Accounts can be opened at any branch location or we can come to your business to set up accounts for your staff.  HSA accounts are made simple by offering a no fee and high interest earning account.  

  • $0 monthly or annual service fees
  • $0 balance to maintain
  • Free checks
  • Free VISA ® Check Card
  • Free Online Banking
  • Free E-Statements
  • Earn a high rate on all balances

Product Rate APY*
HSA 0.75% 0.75%

1 High deductible health plan. For calendar year 2016, a “high deductible health plan” is defined under § 223(c)(2)(A) as a health plan with an annual deductible that is not less than $1,300 for self-only coverage or $2,600 for family coverage, and the annual out-of-pocket expenses (deductibles, co-payments, and other amounts, but not premiums) do not exceed $6,550 for self-only coverage or $13,100 for family coverage.

2HSA Contribution Limits for 2016: $3,350 for individual coverage and $6,750 for family coverage. Add $1,000 for age 55 or older.

* Annual Percentage Yield (APY) is accurate as of 01-01-2016.

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