Health Savings Account | Machias Savings Bank | Maine, ME

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Health Savings

Health Savings

Take control of your family's healthcare costs with a Health Savings account. Specifically for health and medical expenses, a Health Savings account is a tax-favored savings arrangement for individuals covered by high-deductible health insurance premiums. With this account, you are free to make the healthcare decisions that are best for you and your family, the balance rolls over year-after-year, and it can be used to pay for health expenses or save for retirement. Plus, it's fully portable and it stays with you—no matter where life takes you.

Details

  • Tax-free*
  • Interest bearing***
  • FDIC insured
  • HSA Visa® Debit Card
  • Monthly statement
  • No monthly fee if minimum balance is maintained**
  • Allows you to save for future medical expenses

Rates

Rates Disclosure

* Nonqualified uses of Health Savings Accounts are subject to taxation and penalties. Excess contribution amounts are not deductible and may be subject to tax penalties. Consult your tax advisor for more information.

**Avoid the $5.00 service charge by maintaining a balance of $1,000 during the statement period

***Checking account fees may apply and reduce earnings on the account

Location: Machias edit my branch location button

4 Center Street
PO Box 318
Machias, ME 04654

(207) 255-3347
Fax: (207) 255-9439

Lobby
Mon - Thurs 7:30 am - 5:00 pm
Fri 7:30 am - 6:00 pm

 

Jonathan Alley
Manager | NMLS#1165844

 

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OUR FOCUS

As a customer of Machias Savings Bank, the focus is on you. We will enhance your banking relationship by working with you to discover your banking needs. We will be there when you need us.

© Machias Savings Bank. All rights reserved.

Member FDIC. Equal Housing Lender logo Equal Housing Lender.
Routing Number: 211274531
NMLS Number: 469539

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