Advantages
No minimum balance
No monthly fees
Earn interest with a $500 daily collected balance
We will file the required annual IRS report
A $5 monthly service charge fee will be charged if the balance falls below $100 with no account activity for 24 months
A paper statement fee of $4 will be charged for each month unless you are enrolled in electronic statements
Employee Perks
Eligibility
Employee must participate in a high-deductible health plan (HDHP)
Cannot have additional health insurance coverage through a non-HDHP
Cannot be enrolled in Medicare or receiving VA Benefits
Cannot be claimed as a dependent on another person’s tax return
