An easy way to earn 0.20% APY1

Routing Number: 282075028

Heath Savings Account

Does your healthcare plan qualify for a Health Savings Account (HSA)? HSAs are individual accounts that allow you to use pre-tax dollars to pay for future medical expenses and are designed specifically for individuals who have chosen a high-deductible health plan (HDHP). You can deduct your contributions, and the account earnings will accumulate on a tax-deferred basis. Distributions from your HSA are tax-free as long as they are used for a qualified medical expense as defined in IRS Publication 502.

To qualify for an HSA account you must meet the following criteria:

  • Currently has a qualified High Deductible Health Plan (HDHP)
  • Has no other first-dollar medical coverage
  • Is not enrolled in Medicare
  • Cannot be claimed as a dependent on someone else’s tax return
  • Could not have received Veteran’s Affairs medical benefits within the past 3 months
  • Does not have a Flexible Spending Account (FSA) or a Health Reimbursement Account (HRA)

To learn more about HSA funds and health coverage, call (800) 456-3000 or visit one of our convenient branch locations.

1APY = Annual Percentage Yield. Offer and rates subject to change. Certain exclusions may apply.