Health Savings Account

Health Savings Account (HSA)

While it is not unusual to save for your retirement, fewer Americans think to put money away for their healthcare. A Health Savings Account lets you set aside pre-tax* dollars to pay for qualified medical expenses. With an easy-to-use debit card, accessing your funds for doctors appointments, prescription medications and more is easy. Contact us if you have any questions.

Features

Tax-advantaged* way to pay for qualified medical expenses

Interest calculated daily, compounded and paid monthly

Must be used in conjunction with a High Deductible Healthcare Plan (HDHP)

Tiered rates to maximize earnings

Avoid the $3 monthly service charge when you maintain a $500 minimum balance

Easily withdraw funds via check, debit card, or online

Convenient automatic deposits from other Consumers accounts

Flexibility:

FDIC insured

Annual contribution limits apply

$50 minimum deposit required to open

*Consult a tax advisor

Consumers Bank

Consumers Bank

Consumers Bank

Consumers Bank

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