Health Savings Account (HSA)
Save for qualified medical expenses with a High Deductible Health Plan (HDHP); what a healthy way to save!
This is a tax-qualified Health Savings Account for customers with a High Deductible Health Plan (as defined by Internal Revenue Code section 223). The minimum deposit to open the account is $100.00. Deposits earn interest on those days when the account balance is $1,000.00 or greater. Interest will be credited to the account at the end of the statement cycle in which it is earned. The interest rate is subject to change without notice. Benefits of this account include:
- No monthly maintenance fee.
- No minimum or average balance requirements.
- Free VISA Debit Card for the first year (a $12.00 value).
| Account |
Min to Open |
Min to earn APY |
Interest Rate |
APY |
| Health Savings Account (HSA) |
$100.00 |
$1,000.00 |
0.15% |
0.15% |
"APY" stands for "Annual Percentage Yield"