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Health Savings Account

Save and pay for qualified medical expenses with an HSA account

 
Artisans' Bank's Health Savings Account (HSA) is a tax-favored account that lets you make tax-exempt contributions to save and pay for qualified medical expenses.
 

Pay for Things Like:

  • Office Visits & Annual Physicals
  • Prescriptions & some
  • Over-the-Counter Medicines
  • Health Care Products
  • Dental Care, as well as Orthodontia
  • Vision Care, Eyeglasses, Contacts and Eye Surgery
 

How You Save

Contributions to your account may be tax-deductible on your federal income tax return, and, in most cases, on your state income tax return. (Consult with your personal tax and legal advisors.) You can pay for qualified medical expenses with tax-free withdrawals.
 
Your employer may offer a payroll deduction option to help you make contributions on a tax-free basis through your employer's cafeteria plan. In addition, your employer may also decide to contribute.
 
HSA has no "use it or lose it" requirement and also stays with you if you change jobs or retire, unlike Flexible Spending Accounts.
 

You're in control

FREE Artisans’ Bank HSA Visa® Debit Card makes it easy for you to pay for qualified medical expenses. You have online access to account transactions, so keeping tabs on your medical spending is easy. (additional dependent cards available at $8 each)
 
 
 

Ready to learn more?

  • FREE Online Banking
  • FREE Online Bill Payment
  • FREE e-Statements
  • FREE first check order
  • Unlimited check writing
  • This is a variable rate interest bearing account
    • Minimum to Open - $50
    • Monthly Service Charge - $2.50**
    • Minimum to Earn Interest - $0.01
    • Balance to Avoid Service Charge - $300 Average Daily Balance
    • APY = Annual Percentage Yield
    • For more information on the APY and to see Current Rates

*First order of 25 basic HSA checks is free.

NOTE: Contribution Limits for Heath Savings Accounts are:

  • Tax Year 2023: Self Only = $3,850.00 / Family = $7,750.00. 
  • Tax Year 2024: Self Only = $4150.00 / Family = $8300.00.

Product information is accurate as of March 6, 2024.  Artisans’ Bank reserves the right to change or terminate this product.

**Monthly service fee waived for members of Benefits Connection.

 
Here are valuable insights provided by the US Government regarding Health Savings Accounts (HSAs). These accounts are designed to help individuals save money for medical expenses, offering a tax-advantaged way to protect your health and financial well-being. Learn more about how HSAs can benefit you and your family in navigating healthcare costs. 























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