As the market leader in HSAs, Optum Bank, Member FDIC, currently services over 3 million accounts and $9 billion in assets under management. We work closely with our customers to expand access to care, reduce the costs of health care administration and engage individuals in better management of their health.
Optum Bank started operating on July 21, 2003, in Salt Lake City, Utah, as a Utah state-chartered industrial loan corporation. Originally named Exante Bank, it changed its name to OptumHealth Bank in 2008 and to Optum Bank in 2012. Optum Bank is part of the financial services unit of Optum, a health and wellness company serving more than 115 million people. Optum is part of the UnitedHealth Group (NYSE:UNH) family of companies.
HSA Program Features
- FDIC or NCUA Insured:
- Debit Card
- Online Banking
- Investment Options
HSA Interest Rates
Interest rates are unknown at this time
|Monthly Maintenance Fee||Unknown|
|Account Opening Fee||Unknown|
|Account Closing Fee||Unknown|
HSA Investment Options
Mutual Fund Details
Investment Fee: 0.0300% of your average daily investment balance, not to exceed $10.00 in any given month
- When funds are transferred to your investment account, the amount of the transfer cannot bring the balance of your HSA below your investment threshold.
- The minimum amount that can be transferred to your investment account is $100.
- You can’t make payments for qualified medical expenses directly from your investment account. If you wish to use funds from your investment account to make payments, the funds will first need to be moved back into your HSA.
|Website||Optum Bank's HSA Website|
|Mailing Address||P.O. Box 271629
Salt Lake City, Utah 84127-1629