Health Savings Accounts

A Health Savings Account provides eligible individuals who participate in a High Deductible Health Plan (HDHP) the opportunity to save for future medical expenses tax-free.

At One CU, the Health Savings Account is easy to use. It acts just like a checking account for your health expenses.  Better yet, it pays you a preferred dividend rate!

Tax Advantages of an HSA
There are three main advantages of an HSA:

  • All contributions are tax-deductible
  • The earnings on the account are tax-deferred
  • Distributions are tax-free if used to pay for qualified medical expenses
For more information and answers to common questions concerning an HSA, visit the U.S. Department of the Treasury

Savings RatesAPY *Dividend RateMin. Balance
Health Savings Account (HSA) 0.40%0.40%0

*APY is annual percentage yield.  Rate is dividend rate. Rates effective 11/1/2018 and are subject to change without notice. 

View all Savings Rates