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Business Health Savings Accounts

A high yielding account designed to pay for qualified medical expenses of the participant and his/her family members. Any individual, regardless of age or compensation, is eligible to participate if they are covered under a High Deductible Health Plan. Contributions are tax deductible and qualified medical expense distributions are tax free. Its very attractive interest rate and annual percentage yield (APY) are variable and subject to change without notice. Interest is calculated daily, then compounded and credited to your account monthly.

Available Balance Interest Rate (In %) Annual Percentage Yield (In %)
Any Amount .65 .65

Account Terms & Fees

I.e., Imaged Statement Delivered Electronically Free
Contribution Limits determined annually by the Department of Treasury
Withdrawal Limits None
Minimum Balance To Open None
Annual Maintenance Fee $25.00
On-Line Access Via ExecuBanc Free

Debit Card Withdrawals - Immediate access to your funds

  • Transaction subject to ISA Fee of .09% of the Transaction Amount when card is used Internationally
No Monthly Fee
Retrieve Transaction Detail Free
Export to Quicken or Microsoft Money Free

Click here for... Other Related Fees                 Request A Health Savings Account Application Packet

Interest accrual begins on the first business day after the day we receive your deposit. Interest is calculated daily based on your available balance, then compounded and credited to your account monthly. No minimum balance is required. The Interest Rate is variable and subject to change without notice. Fees could reduce earnings.