Vantus Bank's Health Savings Account (HSA)

Opening Deposit Requirement	None
Minimum Daily Balance Requirement	None
Low Monthly Service Fee	$2.50/month*
Interest Earned on Collected Balances	Tiered rate: The higher the balance, the higher the rate
Checkwriting Limit	Unlimited
Free Checks	FREE 50 PocketPack™ checks
Debit Card	FREE with no issuance fee and no monthly fee!
Internet Banking	FREE Service and Unlimited FREE Bill Pay
Other Features	FREE credit decision an a mortgage loan No ATM transaction fees at Vantus Bank and Privileged Status ATMs FREE 24-hour access to your account with Touch Tone Teller FREE check safekeeping FREE notary service FREE Internet banking service and bill pay. View your balance and account activity, view cleared check images, transfer funds, pay bills on-line, view account statements, change your address and more! FREE consultation with an Investment Representative Rate discount on qualifying consumer loans with auto pay from a Vantus account (rate discount not available on home equity lines of credit)

A Great Solution for Lowering Health Insurance Costs and Saving for Future Medical Expenses

A Health Savings Account (HSA) in conjunction with a qualified and compatible high-deductible health plan is a way to obtain affordable health coverage for you and your family while saving money on taxes. Developed in response to the consumer-driven health care movement, these accounts empower you to take control of your health and your finances.

To participate in a Vantus Bank HSA, you must be enrolled in a qualified high deductible health insurance plan (HDHP) with an annual deductible of at least $1,100 for an individual and $2,200 for two or more family members. Maximum annual out-of-pocket for in-network expenses cannot exceed $5,500 for an individual or $11,000 for two or more family members. In addition, you cannot be covered by a low-deductible plan that provides coverage for a benefit that is covered by the HDHP; you cannot be enrolled in Medicare; you cannot be a dependent on another person’s tax return; and you cannot have received VA medical benefits at any time over the past three months.

Vantus’s HSAs offer free on-line access to your account information 24/7; a free debit card to make paying your health care costs quick and easy; plus a competitive interest rate to help your savings grow!

Vantus Bank "It's That Simple"

We will assist employers by meeting with their employees to conduct the HSA sign-up process. We will take care of the entire process from start to finish!

Why A Health Savings Account?

Health Savings Accounts provide you with security, affordability, flexibility, savings, control and portability! YOU decide how much money will go into your account (up to the maximum limits) and which expenses to pay for from this account. There are no “use it or lose it” rules – the funds stay in your HSA from year to year, just like an IRA. The account is completely portable – meaning you can keep your HSA even if you change jobs, change your medical coverage, become unemployed, move or change marital status.

Will An HSA Lower My Health Insurance Premiums?

HSAs are only available for people who have a Qualified High Deductible Health Plan (HDHP). Such plans typically have premium rates that are far less expensive than traditional low deductible health plans – so you save money immediately.

Will An HSA Help Me Save Money On My Taxes?

HSAs provide tax deductions when you contribute to your account, tax-free earnings, and tax-free withdrawals for qualified medical expenses!

Vantus Bank will help you set up your HSA. At Vantus Bank it's that simple!

*Sales Tax is added to this fee