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Health Savings Account

Save for the Unexpected
For those that already have coverage under an HSA qualified “high deductible health plan”, this savings account assists with medical expenses.


What do I get?

  • 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 is required?

  • 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

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.

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