Health Savings Account (HSA)

A Health Savings Account (HSA) is a savings account that is designed for members who are covered by a High Deductible Health Plan (HDHP). It is an individually-owned account that can be used to pay for health expenses and build savings for future qualified medical health expenses on a tax-free basis. Consult your tax professional for details. You, your employer or another person can make contributions on your behalf. See disclosures, rates and fees.

Locate a branch | Open a Health Savings Account

Health expenses in your future? Prepare with our HSA

• Funds can be used to pay for medical expenses until your deductible has been met and insurance kicks in.

• Savings account with a free Visa^® debit card, instantly issued

• Accumulated earnings are tax-deferred

• Membership fee may be waived

• No monthly service fee

• No annual administration fee

• Contributions are tax deductible up to annual limits set by the IRS

• Funds remain in your account from year to year; there's no “use it or lose it” each year like with a Flexible Spending Account (FSA)

• You own your HSA account even if you change jobs or health insurance

• Federally insured by the NCUA up to $250,000

Locate a branch | Open a Health Savings Account