Our branch locations will be closed Monday, October 9 in observance of Indigenous Peoples' Day. Online banking will remain available during the closure for your convenience.

skip mobile nav
skip social channels
skip header skip main navigation skip dropdowns
Health Savings Account

Health Savings Account

Healthy finances, healthy you

Make the most of every healthcare dollar.

A Health Savings Account (HSA) is a special account, owned by an individual, where the funds deposited are used to pay for current and future qualified medical expenses. HSAs are available only to individuals covered by a qualified high deductible health insurance plan.

In addition to the plan’s deductible, there are many factors to consider when determining if a health insurance plan is HSA qualified. To find out if your insurance plan qualifies, please check with your insurance agent.

2023 HSA Contributions

  • $3,850 for individual coverage
  • $7,750 for family coverage
  • $1,000 catch up for those 55 and older

Benefits of the HSA:

  • HSA contributions and interest earnings accumulate on a tax-deferred basis. They can be tax-free if used for qualified medical expenses.
  • With no end-of-year deadline to use up accumulated funds, your HSA balance may be carried over from year to year.
  • You determine when and how much to contribute (within the federally regulated guidelines).
  • You decide when to use the funds or when to save them for future qualified medical expenses.
  • Free debit card.
  • Free Digital Banking, mobile check deposit, Bill Pay, eStatements and electronic teller.

Fees

  • Set-Up: $25.00 fee
  • Monthly Maintenance Fee: None
  • Checks Written: Unlimited

For more information, please contact us. We have HSA specialists ready to help!

*$100 minimum deposit required to earn dividends. Tiered rates based on balances.

Additional Banking Resources

BECOME A MEMBER

GET STARTED

ATM/BRANCH LOCATOR

CONTACT US

CLICK HERE

Attention

Any external site listed here is not operated or under the control of Fox Communities Credit Union (FCCU). By clicking on CONTINUE below, you will access a third-party site that is not operated by FCCU. FCCU is not responsible for the content of the third-party website. FCCU does not represent either you, or the website operator, if you enter into a transaction.

Please note that when you exit our site, our Privacy and security policy is no longer in effect. Privacy and security policies may differ from those practiced by FCCU and you should review the alternate websites' policies. You may cancel moving to the third party website by clicking on "X" to stay on www.foxcu.org

CONTINUE

Attention

You are about to leave Fox Communities Credit Union's website. Any external site listed here is not under the control of Fox Communities Credit Union. Thank you for visiting. Please return when you need information about Fox Communities CU's products and services.

CONTINUE