*55 and older
To Open: $100.00
Checks: Complimentary standard checks (duplicates or wallets) or $5.00 off any other style
Check Safekeeping: Required
Ready Reserve: Available *Subject to credit approval
SHAZAM Photo Debit Card: Complimentary
Online Banking / eStatements: Complimentary

Opening Fee: $25.00
To Open: $100.00
Minimum Balance to Avoid Service Charge: $2,500.00
Service Charge if Below Minimum: $2.00 per statement cycle
SHAZAM Photo Debit Card: Complimentary
Paper Statements: $5.00 per month
Online Banking / eStatements: Complimentary

HSA Requirements:

• Must have a High Deductible Heath Plan (HDHP)
  • Single Coverage: The annual deductible must be at least $1,200 and the out of pocket cap cannot exceed $5,900
  • Family Coverage: The annual deductible must be at least $2,400 and the out of pocket cap cannot exceed $11,900
• Can’t be enrolled in Medicare
• Can’t be claimed as a dependent on another person’s tax return
• Can’t be covered under another non-HDHP
• Only one person can be an owner on the account, you can have beneficiaries on the account

HSA Benefits:

• Tax Deduction
  • Money deposited in a HSA is deducted from your income for your federal tax purposes, up to $3,050 a year for an individual and $6,150 for couples - each spouse must set up his or her own HSA
• Insurance Benefits
  • Insurance Provider can be changed as needed by the account holder
  • The account holder spends up to the deductible amount from the HSA, then relies on the insurance coverage to pay medical expenses
• Flexibility
  • HSA’s are set up by banks that give you an option on how the money is managed. Can be an interest-bearing savings account or an investment account
• Portability
  • The HSA can remain open and funded when you switch employers or if you begin a period of self-employment