Skip to content
Mother with girl being examined by female pediatrician in clinic

Health Savings Account

A smart and tax-advantaged way to save for medical expenses.
Personal Banking

Health Savings Account (HSA)

Many American adults will struggle to pay their medical bills this year, but you don’t have to. With an HSA, you can save pre-tax, and also earn interest above standard savings.

An HSA offers you the freedom to use your funds for any number of medical expenses, as long as they qualify. Get peace of mind knowing you’ll be financially ready for the unexpected. 


  • Greater personal control over healthcare management and expenses
  • Prepare for qualified medical expenses
  • Earn interest above standard savings rates on entire balance
  • Tax-free withdrawals for qualified medical, dental, vision expenses, and more*
  • Contributions can be made by you, your employer, or a third party
  • No minimum deposit to open
  • No monthly service fee
  • No minimum balance requirements
  • Unused funds remain in account year after year; no “use it or lose it” policy
  • Keep your HSA in your name, regardless of career or life changes
  • Federally insured by FDIC

How It Works:

An HSA is a tax-advantaged medical savings account that works in conjunction with a high deductible health plan (HDHP).

You can use HSA dollars to help pay your health insurance deductible. Once the deductible is met, your insurance will start paying. Money left in your HSA account earns interest and is yours to keep.

HSA dollars can also go to other qualified medical expenses, such as vision or dental care.



Most adults under 65 who are not enrolled in Medicare and are covered under a high-deductible health plan (HDHP) can qualify for an HSA, but it is up to the account holders to determine their own eligibility. Please contact your tax advisor for further eligibility requirements.

*Consult a tax advisor.

Happy little boy after health exam at doctors office-1


More Products & Services

Additional Personal Banking Services

ONE AMERICAN BANK offers an array of personal banking products and services. Unlock your financial freedom with our expanded range of personal banking products and services! 

Let's Connect

Our bankers are ready to focus on what matters most to you. Contact us to set up an appointment or stop by your nearest location.
Happy businessman with headset interacting in his office