Online Banking Login Security Statement

Health Savings Accounts (HSA)

A health savings account is an account established exclusively for the purpose of paying or reimbursing qualified medical expenses for you, your spouse and your dependents.  These expenses may include medical, dental, vision and other qualified expenses.  Contributions are fully tax-deductible and distributions used to pay for qualified medical expenses are tax-free.  Account balances roll over from year to year and accumulate tax deferred.

You must have a high-deductible health plan to be eligible please talk to your health insurance provider to see if your plan qualifies.  If you are interested in opening an HSA, please contact us today.

  • Minimum deposit to open account - You must deposit $100.00 to open this account

  • Rate information - At our discretion, we may change the interest rate and annual percentage yield on your  account at any time. HSA has a tiered rate depending upon account balance.

  • Compounding and crediting frequency – Interest will be compounded every month.  Interest will be credited to your account every month.

  • Fees – No monthly or annual fees.

  • Effect of closing an account – If your close your account before interest is credited, you will not receive the accrued interest.