A Health Savings Account (HSA) from First American Bank
is a great way to save for your health care deductible, while
taking advantage of tax savings. Anyone is eligible for a
First American Bank HSA regardless of the state in which
they reside, as long as you have a High Deductible Health
Plan and meet the IRS requirements. Take a look at our
Frequently Asked Questions to learn more.
First American Bank offers two types of HSAs:
Our Health Savings Account is a free account* which pays interest based on the balance in the account. Take a look at our current rates.
Our Health SavingsPLUS Account offers all of the benefits of our Health Savings Account, but allows you to invest a portion of your HSA account in a selected group of mutual funds.Take a look at a head-to-head comparison of both account types:
Call our Toll Free HSA Help Line at (866) 449-1150, or call us at
(847) 952-3700 (press 2 then press 4), or Email us
*A $3.00 monthly fee will be charged if the customer elects to receive a paper statement. The fee will be waived if; 1) the customer elects to receive eStatements only; or 2) a combined minimum average daily balance of $2,000 is maintained between the checking portion of the Health Savings Account and an associated checking, NOW, savings or money market account.
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