Press Release: HSA Bank Supports Local Communities during COVID-19 Pandemic
Milwaukee, March. 31, 2020 — HSA Bank, a Division of Webster Bank, N.A., is pleased to donate $25,000 to support nonprofit organizations serving the Milwaukee and Sheboygan, Wisconsin communities during these unprecedented times.
The funds, which will provide basic needs for individuals and families during the COVID-19 pandemic, include grants to Feeding America Eastern Wisconsin, United Way of Greater Milwaukee & Waukesha County, Sheboygan County Food Bank, and the United Way of Sheboygan County.
"As the impact of COVID-19 continues to rapidly evolve, we understand the challenges our communities are facing day-to-day to remain healthy," said Chad Wilkins, President of HSA Bank. "We’re dedicated to doing what we can to help support the safety and well-being of our neighbors and their families through the great work of these nonprofit organizations."
This contribution is part of a larger donation from Webster Bank, of which the American Red Cross will receive $60,000 to distribute across its chapters, including in Wisconsin.
HSA Bank is committed to supporting its community, especially in times of disaster. In 2019, the organization donated to more than 30 nonprofits across the country including the United Way, American Red Cross, and Junior Achievement. For more information, visit hsabank.com.
About HSA Bank
At HSA Bank, we’re working toward a world where everyone is empowered to save for a healthy future. By providing the right tools and resources, we make it simple for our 3 million members nationwide to maximize their savings for healthcare and long-term goals. As a leader in health accounts for over two decades, we continue to innovate. Our offerings in the healthcare savings space drive down healthcare costs, increase access, and assist with decision-making for consumers, health plans, partners, and advisors. As of September 30, 2020, HSA Bank had $9.4 billion in total footings comprising $7.0 billion in deposit balances and $2.4 billion in assets under administration through linked investment accounts.