Health Savings Accounts (HSAs) are a tax-exempt savings account for people who are covered by high-deductible health insurance plans.* The money you save can be applied to medical expenses and co-payments, and the balance of your HSA can roll over from year to year.
Paying your medical bills and co-payments is easy! Your HSA comes with a debit card and box of checks to pay your bills, and provides unlimited transactions from your account. Your HSA earns dividends, requires no minimum balance, and can be managed just like any other American 1 account with Online Banking.
American 1 is proud to offer HSAs to businesses, non-profits, and organizations as a benefit option for your employees - and we're one of the few financial institutions in the area to offer these accounts.
Our HSA features no setup fee, no monthly maintenance fee, and we'll provide free on-site sign ups and Q&A sessions. Email partners@a1cu.org for more information.
REQUEST TO OPEN A HEALTH SAVINGS ACCOUNT
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*Consult a professional tax advisor for additional tax information.
