Health Savings Account
A Health Savings Account is a tax-favored account that can be funded by the employer, the employee or another qualified party. The contributions to a Health Savings Account are tax deductible as well as earn interest on a tax-deferred basis. HSA allows you to pay for qualified health expenses such as doctor’s visits, and prescriptions tax free.
Accounts Benefits/ Features
- $100.00 minimum to open an account
- Unlimited Transactions
- Free Internet Banking with Bill Payment
- Free Mobile Banking with Bill Payment
- Free Debit Card that can be used at SHAZAM Network Privileged Status ATMs without a transaction service charge
- A $3.00 service charge applies only if you do not sign up for e-statements
