Health Savings Account

Put money aside for those unexpected medical expenses.

A Health Savings Account (HSA) is a specialized savings account that works hand in hand with your employer-sponsored high deductible health insurance plan (HDHP), allowing greater flexibility over how you use your health care dollars.

Qualified individuals may open an HSA and make pre-tax contributions to the account. Distributions are tax-free if the proceeds are used for qualified medical expenses.

  • Mastercard® Debit Card
  • No minimum balance
  • Online Banking
  • Interest bearing
  • Unlimited transactions

For an explanation of qualified medical expenses, please see IRA Pub 502, available at

2024 Contribution Limits

Individual – $4,150
Family – $8,300

Catch-up Contribution Limits (over age 55) – $1,000

Additional Terms:

  • Interest accrues monthly; compounds monthly; credits monthly
    • At our discretion we may change the interest rate on your account.
  • If the account is closed prior to interest posting: Interest is forfeited.

HSA Account Rates

Last Updated: December 21, 2023

Account NameInterest RateAnnual Percentage Yield (1APY)Minimum balance required to earn interest
Health Savings Account 0.05% 0.05% 2$100

1APY = Annual Percentage Yield; fees could reduce earnings on accounts.

2You must maintain a minimum balance of $100 in the account each day to obtain the disclosed annual percentage yield.

Interest rates and annual percentage yields are current as of the effective date at the top of this rate sheet. Interest rates are subject to change.  The minimum deposit to open account amounts is the minimum balance required to earn the disclosed Annual Percentage Yield.