Health Savings Account
Health Savings Account
Save for the Unexpected
Set aside funds to assist with medical expenses when you're enrolled in an HSA-qualified health plan.
What You Receive
- Earned interest
- Tax-free savings for medical needs¹
- Free HSA debit card, with Contactless and Chip Technology for added security
- Rollover funds from previous year
- FDIC Insured
- Account security - your money stays with you, no matter where your job takes you
What You Need to Know
• Coverage under an HSA qualified “high-deductible health plan”
• Cannot be used in conjunction with Medicare
• No minimum deposit requirement
• No minimum contribution for opening²
• Enroll in eStatements and you’ll avoid a $2 paper statement fee.
Open an account by visiting any Peoples Bank location!
¹Peoples Bank does not provide legal, tax or accounting advice. Consult your tax advisor about tax benefits applicable to Health Savings Accounts.
²A minimum balance fee of $2.00 will be imposed per month if the account falls below $200.00 on any given day of the month. A $500.00 minimum daily balance is required to begin earning interest.
