Health Savings

Health Savings Account

A Bank of St. Croix Health Savings Account (HSA) is a special account owned by an individual who participates in a High Deductible Health Plan (HDHP). The account holder, employer or any other person can make contributions.

Health Savings Account

  • No annual “use it or lose it” rule
  • Maximum annual contributions are set by the IRS
  • Access funds via your check or Bank of St. Croix HSA debit card
  • FDIC insured
  • Earns interest

Disclosures will be provided at account opening.

Contact your tax advisor for more information about Health Savings Accounts.