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Health Savings Accounts

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Health Savings Accounts

Health Savings Accounts for Individuals

Health Savings Accounts (HSAs) are a tax-exempt savings account for people who are covered by high-deductible health insurance plans.* 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! Your HSA comes with a debit card and box of checks to pay your bills, and provides unlimited transactions from your account. Your HSA earns dividends, requires no minimum balance, and can be managed just like any other American 1 account with Online Banking.

  • Unlimited transactions
  • Free debit card
  • Free first box of checks
  • No monthly or annual service fees
  • No setup fee
  • No minimum balance
  • No closing fee
  • Manage anywhere, anytime with Online Banking


Health Savings Accounts for Businesses and Organizations

American 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 free on-site sign ups and Q&A sessions. Email for more information.


Not a member yet? Become a member today!

*Consult a professional tax advisor for additional tax information.