Why HSA Bank?

Find out what makes us a better partner.

At HSA Bank, our business is HSAs. That’s all we offer and what we do best. By focusing solely on HSAs, we’re able to bring you the highest level of quality and personalized service in the implementation and management of your HSA program.

Program design. In collaboration with your insurance/benefit professional, we’ll help you build an HSA program around your benefit strategy and specific business needs. Learn more

Dedicated account management. A designated account manager will coordinate every aspect of your HSA program – from design through implementation and ongoing business support. Learn more.

An exclusive HSA Call Center means that you and your employees will always speak with an HSA expert when calling with a question or concern. You’ll get the answers you need right away – in just one phone call with no transfers!

Easy online administration. Our online employer administration tools let you manage enrollment and contributions, download employee education materials, and more. Learn more.

No cross selling. Since we are not a “traditional” bank, you don’t have to worry about your employees being solicited to refinance their homes, get car loans or use any other banking services.

Free employee education materials and support is available for your enrollment meetings and benefit fairs.

We add more value for your employees by making it easy to open, manage and grow their HSA by offering:

No minimum account balance to open or maintain an HSA.

Immediate account funding. In most states, an HSA is not considered “established” by the IRS until the account is funded – which can take weeks with payroll funding. In the meantime, if employees pay out-of-pocket for eligible medical expenses, they won’t be able to reimburse themselves for the expenses. So HSA Bank deposits a penny into every HSA on the day it is opened to “establish” the account and allow employees to reimburse themselves for any out-of-pocket expenses.

Convenient debit cards make it easy for employees to pay for their eligible medical expenses.

Online account management. From transfers to electronic statements and tax documents, employees can manage every aspect of their HSA online.

Outstanding investment opportunities. HSA Bank offers some of the best self-directed investment options around for our accountholders. And there’s no minimum balance required to begin investing! The more employees that enroll, the greater the savings will be. So it’s important to make this benefit choice as attractive as possible.