Health Saving Account

Health Savings Account.jpg

Health Savings Account Application

An Illini Bank health savings account (HSA) is an account you can use to plan, save and pay for qualified medical expenses if you have a high-deductible health plan.

Illini Bank Health Savings Account Features

  • No minimum opening deposit
  • No monthly maintenance fee
  • Free paper or online statements
  • Check Images within paper and online statements
  • Illini Bank HSA Debit MasterCard®
  • Manage your account online with Illini Bank Online Banking and Illini Banks Mobile Banking
  • Earns interest
  • HSA checks available on request

 

ATM Fees for Illini Bank HSA Debit MasterCard®

  • No ATM transaction fee for withdrawals at Illini ATMs
  • $2.50 Illini Bank fee for each Non-Illini Bank ATM Transaction

To be eligible for an HSA account, you must be enrolled in a qualified HDHP and meet the IRS eligibility requirements. Contact your tax advisor to see if you qualify.

Call your local Illini Bank branch for more details

Health Savings Account Application

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