Congress developed the concept of a Health Savings Accounts (HSA) to help with the affordability of insurance costs… they’re tax deductible and any interest earned is tax free.  We’ve done our part by creating an HSA that is affordable to maintain.

In addition to offering a fair and competitively priced product, your Oostburg State Bank HSA is held and serviced locally.  We can provide you with that same trust and convenience that you value in your other Oostburg State Bank accounts.  No toll free numbers or out of state mail to deal with, you can work with someone you know and trust.  To use your HSA funds, and help with your record keeping, separate HSA checks and/or HSA check cards can be issued.

* $50.00 opening deposit is required  ** $20.00 account opening fee, $10.00 account closing fee, interest will not be paid for the duration of time the account balance is below $1,000

Remember… HSAs and Medical Savings Accounts (MSAs) can be maintained at the bank of your choosing.  So if you currently have an HSA  or MSA elsewhere, we’d be happy to arrange for it to be transferred to Oostburg State Bank… just call or stop in.

Learn more about Health Savings Accounts

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