Health Savings Account Checking

Have a high deductible plan? Enroll in our HSA Checking account to take advantage of tax-free savings for current and future medical expenses.

Apply Now


  • No minimum to open
  • No monthly maintenance fee
  • Unlimited check writing
  • Free eStatement ($6 for paper statement)
  • Up to 2 free debit cards per account
  • Lake City Bank Digital

Interest Rates and Tiers

  • 0.05% APY1paid on balances from $1 to $999
  • 0.10% APY1 paid on balances from $1,000 to $4,999
  • 0.15% APY1 paid on balances from $5,000 to $14,999
  • 0.20% APY1 paid on balances from $15,000 to $49,999
  • 0.25% APY1 paid on balances of $50,000 or more

Earn More Interest with an HSA Certificate of Deposit

Take advantage of higher rates by choosing to transfer excess funds in your HSA Checking account to an HSA CD. Choose the rate and term that works best for you. Some restrictions apply to all of our CDs. A penalty for early withdrawals applies as well. Learn more about our HSA CD options.


  • Contributions are tax deductible
  • Account earnings and withdrawals used to pay for qualified medical expenses are not taxed
  • Money put into an HSA can accumulate from year to year
  • Money in the account can be used to pay for medical expenses for the account holder, his or her spouse or dependent children even if they are not covered under the high deductible health plan


  • Must have a qualified high-deductible health plan
  • No other first-dollar medical coverage is allowed although supplemental insurance is permitted
  • Cannot be enrolled in Medicare
  • Cannot be claimed as a dependent on a tax return

Maximum Contributions - 2021

  • $3,600 for 2021 if you have individual coverage
  • $7,200 for 2021 if you have family coverage

Individuals age 55 and older can also make a $1,000 catch-up contribution. In order to contribute the catch-up contribution individuals must have their own HSA (an individual may not put a catch-up contribution in an HSA titled in a spouse’s name).

Qualified Medical Expenses

An individual can use the money in the account to pay for any qualified medical expense permitted under federal law (See IRS Publication 502), including:

  • Medical care and services
  • Dental and vision care
  • Over-the-counter medications that are covered with a doctor’s prescription

Call our One Call Center at (888) 522-2265 for more information, or drop in one of our branch locations for more information or to open an account. Or, just apply now:

Apply Now

1APY = Annual Percentage Yield. Quoted APY is accurate as of July 25, 2021. APY is subject to change without notice at any time including after account opening. Fees may reduce earnings. For more information call (888) 522-2265.

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