Commercial
Health Savings Account
A Healthy Opportunity to Grow Your Savings.
HSAs are an innovative and affordable health care option for individuals and businesses. HSAs combine a qualified High Deductible Health Plan (HDHP) with a Health Savings Account. The High Deductible Health Plan covers catastrophic illness and injury, while the Health Savings Account covers routine expenses until the deductible is met.
HSAs allow you to set aside pre-tax dollars to pay for regular and unexpected medical expenses, all while earning interest. It's an excellent opportunity to grow your savings on a tax-free basis.
What is the advantage of an HSA?
HSAs provide the most flexible and long-term investment opportunities to consumers, as well a number of benefits to employers:
- HSAs rollover from year to year - NOT "use or lose"
- Account is portable and can be transferred if employment changes
- Availability is not limited by employer size or by income
- Easy to use and maintain with a special FNBL Debit Card for purchases - no receipts, claim forms or per-use charges
- Funds earn interest, depending on account balance
- Pre-tax contributions lower income taxes for both individual and employer
- HSA funds can be used for non-medical purposes after age 65 (ordinary income tax applies)
- FNBL will personally set up the account so there is little to no ongoing administration for employers
- Account can coordinate seamlessly with FNBL's cash management to fund electronic distributions
Earn Interest
We offer tiered interest rates on our HSA accounts. As your account grows so will your interest rate. Check current rates.
Lower Fees
At FNBL, you’ll find:
- No minimum balance requirement
- No per check charge
- No annual fee
- No cost to use debit card
- A low $2 monthly service fee
Local Service
Enjoy the convenience and confidence of working with your local community bank! FNBL's Customer Service Representatives are happy to assist you with opening your HSA account, in person at any of our local branches. For more information and assistance, call us toll free at 888-567-1814.
Apply Now
Please print, complete and sign the application form. Take the form to any local FNBL branch to apply today.
Additional Resources
Additional information about Health Savings Accounts can also be found at the U.S. Department of the Treasury's web site.
Not everyone will qualify for a Health Savings Account. Please see an FNBL customer service representative for more information. Subject to change without notice.
