Health Savings Accounts
A Health Savings Account (HSA) is a tax-exempt trust or custodial account that your employees, their spouses and their dependents will use to pay qualified medical expenses. The account can be funded with contributions from your business or from employees and can work in conjunction with or as an alternate to health insurance. The contributions you make to HSAs may even be tax deductible.
- No minimum balance requirements
- No monthly maintenance fees
- $50 minimum to open
- No set up fees
- Earns competitive interest
- Combined statements available
- Exclusive VISA® debit card for HSA
- Exclusive checks for HSA
Additional Features and Services
Business Internet Banking
Execute all sorts of banking transactions without having to leave your home or office. It’s easy and secure.
Business Mobile Banking
On the run? You can access account balances, transfer funds and even pay bills using our mobile app.
Just snap a picture of your deposit with your smartphone, press a few buttons, and you’ve completed your banking for the day.
Visa Debit Card
Earn reward points without accumulating debt with the card that links to your business checking account.
Access account information, transfer funds, and even place check reorders 24-7 from the convenience of your phone.
Customer Service Center
Our skilled associates are just a phone call away, until 8 PM on weekdays, to answer to all your banking needs.
“We’re a second generation pharmacy that knows the value of good neighbors and strong relationships. We’ve got a great partner in My Bank; they help us run the store more efficiently and support some of our favorite organizations including League for Crippled Children, Frostburg State University, and the Shriners.”