Health Savings Accounts
Save ahead for health expenses using our tax-free HSA.
A Health Savings Account (HSA) from Deerwood Bank makes paying for qualified medical expenses easy. You control the account, so you can choose to pay current medical bills or save for future qualified expenses – tax-free.
- Interest paid monthly on a daily balance
- No annual fee or minimum balance fee ($25 closing fee if the account is closed within the first 12 months)
- Free debit card
- Free online and mobile banking, bill pay, and debit card fraud alert app (Visit our ATM locator to find ATMs with no cash withdrawal fees)