HSA Checking is an account created with the express purpose of helping you save for medical costs for yourself, your spouse and any children or other dependents. With easy to use tools to access and manage your accounts at your convenience.

Benefits of HSA Checking from Central Bank include:

• Tax advantages*
  • Tax-deductible contributions
  • Tax-deferred earnings
  • Tax-free distributions for qualified medical expenses
• Convenient access
  • Debit Card**
  • HSA Checks
  • Online Banking
  • Free Online Statements or $3 per statement mailed (charged from an alternate deposit account)
  • Flexible contributions

• Cost savings

  • No setup fee
  • No annual fee
  • No monthly service charge 
  • Variable interest, paid monthly based on the following tiers:
    • $0.00 – $9,999.99
    • $10,000.00 – $24,999.99
    • $25,000.00 – $49,999.99
    • $50,000.00 and above
• Safety provided
  • FDIC insured
  • Annual tax statements

Additional Information About HSA Checking

• $25 minimum deposit to open account
• No monthly service charge 

*Consult your tax advisor for details.

**Debit Card is subject to approval.

Service charges subject to Iowa and local option sales tax,excluding customers with an address outside the state of Iowa.

Contact a Personal Banker for current interest rates.