Health Savings Accounts for individualsAmerican 1 offers Health Savings Accounts (HSA) for our members. HSAs are a great way to take control of your healthcare spending, and are a tax-exempt savings arrangement for people who are covered by high-deductible health insurance plans (HDHP). The money you save can be applied to medical expenses and co-payments, and the balance of your HSA can roll over from year to year. Paying your medical bills and co-payments is easy: we provide a debit card and a box of checks to pay your bills, and provide unlimited transactions from the account. Your HSA earns dividends, requires no minimum balance, and can be managed just like any other American 1 account with online banking. To learn more about your HSA options, talk to a Member Service Specialist at any branch.
Health Savings Accounts for businesses and organizationsAmerican 1 is proud to offer HSAs to businesses, non-profits, and organizations as a benefit option for your employees - and we're one of the few financial institutions in the area to offer these accounts. Our HSA features no setup fee, no monthly maintenance fee, and we'll provide on-site sign ups and Q&A sessions. To schedule a sign up event at our business, contact our Member Relations department: Phone: (888) 213-2848
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