Employee Health Savings Accounts
Help employees make the most of their healthcare benefits
If your business offers a qualified High-Deductible Health Plan (HDHP), you can help eligible employees prepare for healthcare expenses by introducing them to Health Savings Accounts (HSAs) from First National Bank. An HSA gives employees a tax-advantaged way to save for qualified medical expenses now and in the future.
Why Recommend an HSA to Your Employees?
A First National Bank HSA can complement your employee benefits by helping eligible employees
- Save for qualified healthcare expenses with tax advantages
- Build savings that remain theirs even if they change jobs
- Manage healthcare spending with convenient account access
Benefits & Features Benefits
Benefits
- Give employees another way to prepare for healthcare costs with savings they can use for eligible medical expenses
- Complement your qualified HDHP by connecting eligible employees with an account designed for healthcare savings
- Make getting started easier with First National Bank available to help employees understand and open their individual HSA
Features
- No setup fee
- No annual fee
- No monthly maintenance fee1
- Tiered interest earned monthly
- Debit card, online statements, and online account access included
- Minimum opening deposit of $100 with employer and employee contribution options available through direct deposit
Why First National Bank?
First National Bank can help make HSAs easier for you to introduce to your employees. Our team can provide HSA education and work directly with eligible employees who choose to open an account, while giving them access to local support and convenient digital banking tools.
Help Your Employees Get Started
If your business offers an HSA-qualified High-Deductible Health Plan, First National Bank can help you introduce HSAs as an option for eligible employees.
- Talk with your insurance provider about an HSA-qualified High Deductible Health Plan
- Decide whether your business will contribute to employee HSAs
- Connect your employees with First National Bank for HSA information, education, and to open their account
1 $5 monthly maintenance fee on balances below $500.00.
