Health Savings Accounts

Keep your Health Savings Account in a convenient place! We offer Health Savings Accounts for customers with a compatible high deductible health plan, handle the IRS reporting, and give you the perks of seeing that account with your online/mobile banking.

health savings account

How HSA's Works:

Health Savings Accounts work like a regular checking account and you can use a check or debit card to pay for qualified medical expenses. The funds in the account continue to grow tax-free, year after year.

  • Competitive interest rates
  • Local service
  • Free HSA debit card
  • Check writing
  • Monthly statements
  • Year-end reporting for tax purposes

High Deductible Health Plans:

Single Coverage

2024 minimum annual deductible: $1,600.00
2024 maximum annual out-of-pocket expenses: $8,050.00
2024 maximum contributions: $4,150.00

2025 minimum annual deductible: $1,650.00
2025 maximum annual out-of-pocket expenses: $8,300.00
2025 maximum contributions: $4,300.00

Family Coverage

2024 minimum annual deductible: $3,200.00
2024 maximum annual out-of-pocket expenses: $16,100.00
2024 maximum contributions: $8,300.00

2025 minimum annual deductible: $3,300.00
2025 maximum annual out-of-pocket expenses: $16,600.00
2025 maximum contributions: $8,550.00

HSA Catch-Up Contributions

2023 Age 55 and older: $1,000.00
2024 Age 55 and older: $1,000.00