Plan, Save and Pay for Health Care

A Health Savings Account is an alternative to traditional health insurance; it is a savings product that offers a different way for consumers to pay for their health care. HSAs enable you to pay for current health expenses and save for future qualified medical and retiree health expenses on a tax-free basis.

  • Receive a tax deduction for contributions, other than employer contributions, that you make to your HSA
  • Employer contributions made on your behalf are not subject to income tax
  • Your HSA will grow tax-deferred
  • Distributions from a HSA that are used to pay for qualified medical expenses are tax-free
  • Unused funds of the current year may be used for medical expenses for future years.

For an explanation of qualified medical expenses, please see IRA Pub 502, available at

Contributions for 2022
  • Individual UNDER age 55 - $3,650
  • Individual age 55 & OVER - $4,650
  • Family UNDER age 55 - $7,300
  • Family age 55 or OVER - $8,300

  • Anyone covered under a HSA qualified High Deductible Health Plan (HDHP)
  • Anyone that does not have coverage under another Non-High Deductible Health Plan
  • Anyone NOT enrolled in Medicare
  • Anyone NOT being claimed as a dependent on another individual's tax returns

Account Details 
  • Interest Bearing Checking Account
    0.50% APY*
  • No monthly service charge
  • $1.00 minimum to open
  • Free Checks**
  • Free eStatements
  • Free Debit Card: upon approval; restrictions apply
  • Competitive Interest Rate
  • Interest paid monthly
  • Monthly Statement
  • Accepts HSA rollovers and transfers

*Annual Percentage Yield (APY) is paid monthly and is subject to change. The minimum balance required to open an account is $1.00

**Check style restricted