Over 35 million Americans use Health Savings Accounts (HSAs) to manage medical costs — but many feel uncertain about how to get the most from them. At Nodaway Valley Bank, we make it simple. Our team at 1302 S Riverside Rd helps St. Joseph residents understand, open, and maximize HSAs with clear guidance and local support.
Why Choose an HSA with NVB?
• Personalized guidance to maximize tax savings
• Local expertise with decades of experience
• Digital tools for easy contributions and tracking
• In-person consultations at our Riverside Road branch
• Long-term strategies that balance today’s needs with tomorrow’s healthcare costs
How an HSA Works
HSAs are tax-advantaged accounts designed for individuals with high-deductible health plans. Contributions reduce taxable income, grow tax-free, and can be withdrawn tax-free for qualified medical expenses.
For 2025:
• Individuals can contribute up to $4,300
• Families can contribute up to $8,550
Qualified expenses include prescriptions, dental and vision care, preventive checkups, and more. Any unused balance rolls over year after year, building a long-term reserve for healthcare needs.
Tools That Simplify Healthcare Savings
NVB provides both digital and personal support to help you stay in control of your account:
• Mobile deposits for healthcare reimbursements
• Real-time balance and contribution tracking
• Custom alerts for contributions, expenses, and deadlines
• In-person and phone consultations with local bankers who know your needs
Opening Your Account
Getting started is simple:
1. Verify enrollment in a high-deductible health plan
2. Meet with one of our specialists to set your annual contribution target
3. Open your account with a $1 initial deposit — no monthly fees or minimum balances
Our team also helps with IRS compliance, contribution strategies, and rollover planning.
Experience the NVB Difference
At NVB, you don’t just open an HSA — you gain a partner invested in your health and financial security. With $1.5 billion in assets and 150+ years of community service, we deliver strength, clarity, and personal support every step of the way.
Visit us at 1302 S Riverside Rd, call 816-364-5678, or explore services anytime at nvb.com.
