HEALTH SAVINGSACCOUNT (HSA)

An HSA enables you to pay for current qualified healthexpenses as well as save for future qualified medical and retiree healthexpenses on a tax-free basis.

Interest rates are tiered, with greater interest ratespaid for higher balance levels. More funds in your account mean even higherinterest market rates.

Tier 1 – Average available balance of $500.00 or more,but less than or equal to $1,500.
Tier 2 – Average available balance of $1,500.01 or more,but less than or equal to $5,000
Tier 3 – Average available balance of $5,000.01 or more.

View CURRENT DEPOSIT RATES  

Features of our Health Savings Account include:

  • $100.00 minimum deposit to open
  • $0.50 monthly service charge waived with $100 minimum daily balance
  • Interest is compounded and credited monthly
  • $500 minimum average available balance required to earn interest
  • Check images returned with statement and available online
  • Monthly E-Statements
  • Free 24 Hour Telephone Banking
  • Free Online Banking

**RiverBank does not provide tax or legal advice. It is recommended that you seek theadvice of your own tax and/or legal professional to ensure your compliance withapplicable HSA regulations.

View HSA BROCHURE