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Health Savings Account
What is a Health Savings Account?

A Health Savings Account (HSA) is a tax-exempt account established for paying or reimbursing the qualified medical expenses of you, your spouse and your dependants.
 

What are the fees and benefits associated with my HSA?
  • Your HSA will be a NOW Checking account
  • Your HSA may be accessed with your debit card, a check, or both.  Your first 25 checks will be provided at no charge.
  • All checking account rules apply to your HSA, including fees for lost cards and foreign ATM usage fees.
  • The initial set up fee for your HSA is $25, and a monthly maintenance fee of $3 will be applied to accounts that maintain an average balance below $500.
  • No restriction on the number or dollar amount of your transactions.
  • Monthly HSA Statements.
  • Free on-line banking.

Call a customer service representative now at (906) 774-2200 or contact us by clicking here, for current rates and specifics.
 
 
The First National Bank & Trust Co. of Iron Mountain and Kingsford - (906) 774-2200