Health Savings Account

Save for your medical expenses

A Health Savings Account (or HSA) can help you plan and save for medical expenses you may incur when you are covered by a High Deductible Health Plan. HSAs are tax free and you earn dividends!

  • Easy deposits with payroll deduction, online banking transfers, or in a branch
  • Free HSA Debit MasterCard for quick access
  • No minimum balance requirements
  • Funds can be withdrawn at any time
  • Contributions are tax free

Earn Dividends

Mobile banking access


Free Debit MasterCard


You have questions. wE have answers.
Who qualifies for an HSA?

-To be an eligible individual and qualify for an HSA, you must meet the following requirements: 

  • You are covered by a High Deductible Health Plan (HDHP)
  • You are not enrolled in Medicare
  • You cannot be claimed as a dependent on someone’s tax return
  • Are age 18 or older
  • You are not covered by other health insurance that provides the same benefits also covered by your HDHP.

I do not have insurance, can I get an HSA?

-Unfortunately, you cannot establish and contribute to an HSA unless you have coverage under an HDHP.

I’m on Medicare, can I have an HSA?

-You’re not eligible for an HSA after you’ve enrolled in Medicare. If you had an HSA before you enrolled in Medicare, you can keep it. However, you cannot continue to make contributions to an HSA after you enroll in Medicare.

Does my income affect whether I can have an HSA?

-There are no income limits that affect HSA eligibility. 

When can I start contributing to my HSA?

-You may not begin contributing to you HSA until the effective date of your HDHP coverage.

How much can I contribute to my HSA each year?

Your maximum annual HSA contribution is based on the limit sent by the Department of Treasury for your type of coverage (self-only or family).  The effective date of your HDHP coverage may affect your contribution limit.

Will my bank notify me if I’ve exceeded my allowable contribution amount?

-No, it’s your responsibility to keep track of the amounts deposited and spent from your account, just like a normal savings or checking account.