Open an HSA2


HSAHealth Savings Accounts (HSAs)

Waukesha State Bank’s Health Savings Account (HSA) offers the most competitive product available in the marketplace today, including:

  • No Set-up Fees
  • No  Monthly Maintenance Fees
  • Only $1 Required to Open
  • Great Interest Rate on Any Balance
  • Free Visa® Debit Card*
  • Free Online Banking
  • Unlimited Check Writing

*There are no maintenance or usage fees if the card is used as a credit card. To do this, select "Credit" at the cashier station instead of entering your PIN like an ATM card. If you chose "Debit," ATM terminal and point of purchase usage fees may apply.


Why an HSA?

With an HSA, you can pay for qualified medical expenses – tax-free. In combination with a high-deductible health insurance plan (HDHP), HSAs allow you to manage your health care costs with greater control, saving you time and money.

  • You must have coverage under an HSA-qualified “high deductible health plan” (HDHP)to open and contribute to an HSA. Generally, this is health insurance that does not cover first dollar medical expenses.
  • HSAs provide triple tax savings:
    1. Tax deductions when you contribute to your account
    2. Tax-free earnings through investment
    3. Tax-free withdrawals for qualified medical expenses
  • Any contribution amount left over at the end of the year can remain in the account for future medical expenses.
  • Catch-up contributions are available for those age 55 and older. Contribution Limits change on an annual basis.

Interested? Click the button above to apply online, or stop by and talk to any of our friendly personal bankers for more information. We'll answer your questions and help you determine which account will work best for you. 

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