About
A Health Savings Account (HSA) gives you a new way to save, manage, and pay for current and future healthcare costs. It is a powerful option that puts you in the driver's seat of your healthcare money. A HSA is a tax-advantaged interest-bearing checking account that is paired with a High Deductible Health Plan (HDHP). To be eligible to open a HSA, you must be enrolled in a HDHP, not covered by Medicare, not covered by another health care insurance plan, and not be a dependent on someone else's tax return.
HSA Program Features
- FDIC or NCUA Insured:
- check
- Min Balance to Open:
- $50.00
- Features:
-
- Debit Card
- Online Banking
HSA Interest Rates
$0 - $999 | 0.05% APY |
---|---|
$1,000 - $4,999 | 0.15% APY |
$5,000 - $9,999 | 0.30% APY |
$10,000+ | 0.90% APY |
Fees
Monthly Maintenance Fee | $4.00 |
---|---|
Account Opening Fee | $12.00 |
Account Closing Fee | Unknown |
HSA Investment Options
Mutual Fund Platform:
close
Self-Directed Brokerage:
close
CDs:
close
Other:
close
Contact Information
General Information
Website | Bank of Ann Arbor's HSA Website open_in_new |
---|---|
Address | 125 S. Fifth Ave Ann Arbor, MI 48104 |
Customer Service
Phone Number | 1-800-528-2273 |
---|