Health Savings Account

Invest in your health.

Each paycheck, you set aside some of your pay, before taxes, to use for eligible expenses now or save in an account for later. By pairing an HSA with your High Deductible Health Plan (HDHP) you can potentially reduce the out-of-pocket cost of your health expenses. Or to put it another way, when you enroll in an HSA, $100 paid toward your expenses is $100, not the $60 or $70 it would be after taxes without an HSA. 

  • No "use-it-or-lose-it" policy
  • Comes with tax advantages
  • Earns interest
  • It's your money and stays with you through job changes and retirement
  • Free HSA Visa® Card
  • Free I-Banking
  • Must be enrolled in a high deductible health plan (HDHP)
  • HSA rules are often complex. The total amount you may contribute per year cannot exceed the published annual limit. Refer to www.IRS.gov or consult a tax professional for additional information.

Account Fees:

  • Outgoing Transfer Fee: $30.00
  • Over Contribution Fee: $10.00

Rates Effective As Of

* APY = Annual Percentage Yield. Rates & APY are variable and may change daily. Available on personal accounts only and  only available in FSBs trade area. Interest Compounded Monthly. Must be enrolled in a high deductible health plan (HDHP). HSA rules are often complex. The total amount you may contribute per year cannot exceeed the published annual limit. Refer to www.IRS.gov or consult a tax professional for additional information.

For more details please visit a Farmers State Bank location, call FSB at 1-877-FSB-1879, or email us at bank@fsb1879.com.