Planning and saving for routine care, hospitalization and other health-related expenses is an important and necessary part of your money management plan.
That's why The Savings Bank is pleased to offer our qualified customers access to this Health Savings Account (HSA). Stop by any of our five banking centers to discuss this account and its many benefits:
- Funds earn tax-exempt interest.
- Funds and interest can be used for qualified medical expenses, tax-free.
- Funds can be used to pay for expenses that apply toward the annual deductibles of qualified health plans.
Health Savings Accounts (HSA)
For: Individuals / Businesses
- Minimum Opening Deposit: $5
- Interest Bearing*
- Monthly Fee: $2
- Unlimited Checks / Withdrawals – Refer to IRS guidelines
- Monthly Statements
- First Order of Checks: No Fee
- Visa® debit card access **
- Online Banking (no fee)
- Online Bill Pay (no fee)
*Call 1-800-582-2265 for current rate information.
**No fee for use at any of The Savings Bank ATM locations.