A health savings account (HSA) is a tax-advantaged medical savings account available to taxpayers in the United States who are enrolled in a high-deductible health plan (HDHP). The funds contributed to an HSA account are not subject to federal income tax at the time of deposit.
A minimum deposit of $50.00 is required to open an HSA account. A minimum balance of $0.01 must be kept in the account each day to obtain the disclosed annual percentage yield.
Interest will be compounded and credited monthly. Interest rates and annual percentage yields can change at our discretion.
Interest begins to accrue on the business day you deposit noncash items (checks, for example).
Free account access with a debit card.
First 50 checks are free.
Contact Waldo State Bank for current rates.
Contact Waldo State Bank to find out more about our personal and business banking opportunities!