HSA's



HSA Special


Health Savings Account (HSA) provide individuals a way to save for future medical expenses with tax-free deposits.

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 account are not subject to federal income tax at the time of deposit. Unlike a flexible spending account (FSA), HSA funds roll over and accumulate year to year if they are not spent. HSAs are owned by the individual, which differentiates them from company-owned Health Reimbursement Arrangements (HRA) that are an alternate tax-deductible source of funds paired with either high-deductible health plans or standard health plans.

You can start a Health Savings Account (HSA) at Apple River State Bank. To qualify for a Health Savings Account (HSA) you must be under age 65 and carry a high deductible health insurance plan.

The combination of tax advantages and an interest rate that is one of the highest in the area make establishing a Health Savings Account (HSA) a smart move.

Rate 1.00% APY*


* Annual Percentage Yield effective as February 25, 2019 and may change without notice. Fees could reduce earnings on the account.

Contact us today for all the details!

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Health Savings Account (HSA)



* Annual Percentage Yield effective as February 25, 2019 and may change without notice. Fees could reduce earnings on the account.