mother walking with child

Premier Health Savings Account

Preparing for the unpredictable has never been easier.

Account Features

A Health Savings Account (HSA) is a tax-exempt1 custodial account to pay for or reimburse qualified medical expenses.4

Businesses of all sizes can contribute to their qualified employees’ HSA accounts. Any qualified individual with a High Deductible Health Plan (HDHP) can also be self-funded for unemployed, self-employed, or employed individuals.

The money in the HSA will roll over from year to year, earning tax-deferred interest. The individual owns the account and the funds inside it, and can withdraw them at any time. Withdrawals used to pay for qualified medical expenses will remain tax-free. 

  • $50 minimum deposit to open
  • Competitive interest rate2
  • Interest compounded and credited monthly
  • First box of checks free3
  • Unlimited check writing
  • Free debit card

Mastercard Guide to Benefits

What qualifies you to make regular contributions to an HSA?

  • Covered under a qualified High Deductible Health Plan (HDHP)
  • Cannot be covered by a non HDHP (exceptions apply4)
  • Not enrolled in Medicare
  • Not eligible to be claimed as a dependent on someone else’s tax return

To learn more about HSAs, visit a local branch.

Would you like to speak to a TBK Team Member about a Premier Health Savings Account?