Citywide Banks
Health Savings Accounts (HSA)

If you have a High Deductible Health Plan (HDHP), an HSA allows you to save and pay for qualified medical expenses in a tax-free environment.

Savings for your financial well-being.

Designed to help you save for qualified medical and health expenses on a tax-advantaged basis, participating in a Health Savings Account (HSA) means you will be prepared for medical events. Plus, experience the benefits of tax-deductible contributions and tax-free earnings and withdrawals along the way. A minimum of $25.00 is required to open the account. Please consult your tax advisor.

Why Choose an HSA?

  • Tax-Free

    Not only are contributions to your account tax-deductible, or tax-deferred if made by your employer, any investment earnings and withdrawals for qualified medical expenses are also tax-free.

  • Fully Portable

    Whether you change jobs or become self-employed, your account stays with you.

  • Convenient

    Your HSA with Citywide Banks earns interest and comes with a Visa Debit Card for your convenience in paying for doctor fees, prescriptions, and other medical expense purchases.

Contact a Personal Banker or visit a local banking center to get started.

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