Health Savings (Checking) Account
Filer Credit Union offers HSA accounts for those with high deductible healthcare plans
Health Savings (Checking) Accounts
Health Savings Accounts are designed to cover out of pocket medical costs associated with HDHP (high deductible healthcare plans). You must have a HDHP to open an HSA account. Contributions are tax deductible, also earnings and distributions are tax free if used for qualified medical expenses (see IRS rules for qualified expenses). Filer Credit Union provides a debit card to access your HSA funds and only one debit card is issued per HSA account. We do not charge any fees to open or have an HSA account with us.
Eligibility
You must be 18 years or older. You must be a participant in an HDHP. You cannot be enrolled in Medicare or Medicaid. You cannot be claimed as a dependent on another person’s tax return.
Savings Rates
| Account Type | APY | Minimum Deposit | Minimum Balance |
|---|---|---|---|
| % | $ | $ |
Interest will be calculated daily and posted monthly into your regular shares or compounded to the certificate. Other terms and conditions are printed on the face of the certificate or TIS. Rates and terms listed above are subject to change for new certificates and renewals with no advance notice.
Interest penalty for early withdrawal from regular CD 12 thru 60 is 12mo int./ 6mo CD penalty 6mo int.
Interest penalty for Save-to-win is $25.00 *APY= Annual Percentage Yield