Personal Health Savings Accounts
Health Savings Accounts (HSAs) are a tax-advantaged way to pay for your health needs and those of your family. Shelby State Bank offers a low cost, interest earning HSA to help you make the most of this great opportunity.
Contributions (deposits) into your HSA account are tax-deductible and distributions (payments or withdrawals) are tax-free when used for qualified medical expenses.
If you are enrolled in a High Deductible Health Plan (HDHP), a Health Savings Account from Shelby State Bank helps you pay as you go with check writing and the convenience of a MasterCard® debit card, while also earning interest on your balance.
Keep track of your HSA in the Shelby State Bank mobile app just like you do for your other SSB accounts. If you don’t have our app yet, download it from the App Store or Google Play today!
Open Yours Now
Take advantage of the many benefits of a Health Savings Account for yourself, your family and your budget. Contact your local SSB office today!