Health Savings Account

A Health Savings Account (HSA) is designed to help eligible individuals with a qualified High Deductible Health Plan (HDHP) save for qualified medical expenses on a tax advantaged basis.*

 community-shores-bank Minimum Opening Deposit Monthly Maintenance Fee Interest Bearing Minimum Balance to Earn Interest
Health Savings Account $50.00 $2.00 YES
See rates
$1.00

Features & Pricing

  • No setup or per item fees
  • Low monthly maintenance fee of $2.00
  • Interest rates are tiered
  • Community Shores HSA Visa® Check Card
  • Online Banking and Bill Pay
  • Free 1st order of HSA checks; subsequent check orders at regular fee
  • Check imaging available with Online Banking and monthly statements
  • Telephone Banking
  • No fee for employer contributions
  • Deposits and withdrawals are subject to HSA limitations and eligibility*
  • e-Statements or paper
  • Mobile banking

*Community Shores Bank does not provide tax or accounting advice. We recommend you consult with a qualified tax professional.

Click here to download helpful information regarding Health Savings Accounts.

Click here for fees.  To open an account, please visit one of our locations.