This is an IRA-like account designed exclusively for covering medical expenses incurred under a high-deductible
health insurance plan. HSAs were created by Congress to combat rising medical costs.
Some of the benefits include:
- Your account begins to earn dividends with any positive balance.
- Deposits can be made through direct deposit, by mail or in person at any branch.
- Dividends are compounded daily and credited to your account monthly.
- All savings accounts earn dividends and are federally insured to at least $250,000 by the National Credit Union Administration (NCUA), a U.S. Government Agency.
To open a Health Savings Account, come into any branch
and speak to a Specialty Services Representative today!