The perfect prescription to save for health care expenses
When you're planning for future medical treatment, here's an efficient way to cover those expenses. With a Health Savings Account, you can set aside funds for future doctor, hospital, dental and vision care bills. Plus, tax benefits and interest earnings provide you and your family with even more resources for needed treatment.
- Designed for families and individuals with high-deductible medical plans
- Earn competitive interest on deposits
- Low $5 monthly service charge
- Contributions are made with pre-tax dollars
- Annual interest earnings are tax-exempt and qualified withdrawals are tax-free
- Unlimited deposits and withdrawals
- Easily access funds with debit card, through Online or Mobile Banking or at SouthWest Bank branches
- Unused funds are rolled over to the next year - you'll never lose funds
- Unlike employer-sponsored health plans, you keep your HSA even if you lose your job or change jobs
* Paper Statement Fee: A paper statement fee of $5.00 will be assessed each statement cycle. Avoid this fee by enrolling in eStatements.
Resources for our locals
Security
How to Avoid Peer-to-Peer (P2P) App Scams
Where there’s a transfer of money, there’s unfortunately often a scammer waiting to ...
Security
How to Avoid Email and Text Scams
Phishing attacks are the single most common form of cybercrime. In 2023, there were ...
Financial Planning
The Benefits of Goal-Based Financial Planning
“Save and invest. Invest and save”. That’s been the rallying cry for the financially...