Health Savings Account (HSA)
Health Savings Accounts (HSAs) combine the protection of health insurance with a tax-advantage checking account. Together with a high-deductible health plan, HSAs can help you take control over the rising costs of healthcare. HSAs let you pay your medical expenses on an income tax-free basis. Your tax professional can give you details on how HSAs apply to your situation.
- Account currently earns 0.25% annual percentage yield
- For convenience in accessing your HSA balance, CCU offers a FREE HSA debit card and special HSA checks.
CCU HSA cards can also be used in the Apple Pay, Google Pay and Samsung Pay wallets. Contact us for more information about mobile wallets.
- Receive your first 50 checks FREE
- No monthly or annual fees
- Low minimum balance of just $25 to earn dividends
- Funds in your HSA account can be used to pay qualified medical expenses at any time whether it's in two months, two years or longer. There is no "use-it-or-lose-it" penalty like many health insurance plans have.
Visit with Membership Services at any CCU office for more information.