GSB’s Health Savings Account helps you save for the unthinkable. Your contributions are tax-deductible, and withdrawals for medical expenses are tax-free. Even the interest your account builds is tax-deferred.
Health Savings Account
-
$10 Opening Balance
We make it easy to get started.
-
Perfect for High Deductible Insurance
Don't let medical expenses keep you up at night.
-
Tax Advantages
Tax-free withdrawals for qualified medical expenses
-
Debit Card Access
Use it when you need it most.
- Variable Rate, Compounded monthly
- Tax-free withdrawals for qualified medical expenses
- Instant-issue GSB Mastercard® debit card
- Access to mobile and online banking with GSB
- No withdrawal limit
- Minimum balance to receive interest of $100
- No charge for e-statements
- $3.00 Monthly Fee assessed on account that fall below $500 beginning 90 days after account opening.
- $4,400 annual contribution limit for an individual with self-coverage under a high deductible health plan (HDHP)
- $8,750 annual contribution limit for individual with family coverage under a high deductible health plan
- $1,000 additional contribution is permitted for individuals aged 55 or older
Buying a Home?
We want to help get you into the home of your dreams. We’ve got all the resources you need to help you shop for a home and know what to expect out of the mortgage process.
Mortgage LoansOpening an account is safe, simple and secure.
Begin Deposit Application Begin Loan ApplicationWe’d love to talk with you face-to-face. Stop by your local branch today.
Our LocationsCybersecurity Tips & Best Practices
With the ever-advancing nature of technology comes an increased risk of falling victim to cybercriminals. This Cybersecurity Awareness Month, we’re […]
Showing Up for Our Communities in Every Season: The GSB Way
Fall has arrived and, while we’re all still holding out for that first crisp morning, the Friday night lights are […]
Purchase with Peace of Mind at Grand Savings Bank
Buying your first home can be daunting, especially in an economy that seems to reward wealth. At Grand Savings Bank, […]
-
Let's Talk
-
Give Us a Call
-
Visit Your Local Branch
-
Come Work with Us
Helpful Links