Health Savings Accounts (HSA)

A health savings account (HSA) is a tax-advantaged account available to those enrolled in a high-deductible health plan (HDHP) to save for medical expenses that HDHPs do not cover.

Contributions are tax deductible and distributions for qualified medical expenses are tax-free.

Please contact your tax advisor to determine eligibility.

2018 HSA Contribution Limits


Self Only Coverage

Family Coverage

If Under Age 55

$3,450.00

$6,900.00

If Age 55 or Older

$4,450.00

$7,900.00

Note: Self-Only coverage covers only an individual. Family coverage covers an individual plus one or more dependents.

HSA Account Interest & APY Rate

Rates effective for the month of December 2018

Interest Rate

0.10%

APY

0.10% M

Variable account rates may change after account is opened.  Fees may reduce earnings.  

  • "APY" refers to "Annual Percentage Yield"
  • "M" refers to monthly compounding and crediting

Features of a HSA

  • Interest bearing checking
  • $25.00 minimum to open account
  • No minimum balance required
  • No service charge fee
  • Personalized checks (available at regular cost)
  • Debit card (with annual fee)
  • Internet access to account
  • Check images included with statement