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.*
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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.