Health Savings Account (HSA)

Bankers Trust offers health savings accounts (HSA), which is a savings account that can be used to complement your health insurance plan and out-of-pocket costs. For eligible individuals, an HSA offers significant tax benefits related to paying qualified medical expenses – and may provide benefits similar to many tax-favored retirement plans.*

The professionals at Bankers Trust can help you determine if you could benefit from an HSA. Find a branch or give us a call today.

What is a Health Savings Account (HSA)?

A Health Savings Account (HSA) is a medical savings account available to taxpayers who are enrolled in a high-deductible health plan (HDHP). You control this money, not your employer or insurance company, and can use it on health care expenses. Another benefit is the funds in this account are not subject to federal income tax when they are deposited.

A Bankers Trust HSA Offers

  • Unlimited check writing
  • Interest-bearing account
  • FDIC-insured

Eligibility Requirements

Must have a High Deductible Health Plan

2018 Requirements

  • Self-only Coverage: Minimum deductible of $1,350
  • Self-only Coverage: Maximum out-of-pocket expense of $6,650
  • Family Coverage: Minimum deductible of $2,700
  • Family Coverage: Maximum out-of-pocket expense of $13,300

HSA Limits

2018 Contribution Limits

  • Self-only Coverage: $3,450
  • Family Coverage: $6,900

2018 Catch-Up Contribution Limits (age 55 or older)

  • $1,000

Fund Deadline

HSA contributions for tax year 2018, up to your annual limit, may be made through April 15, 2019.

Open Your HSA Today

Open an account by visiting your nearest Bankers Trust location or get started by opening your account online.

Monthly Maintenance Fees

A maintenance fee of $3.00 (plus applicable sales tax) will be imposed for any statement cycle if the balance in the account falls below $500.00 any day of the month. This maintenance fee will not be imposed in the first three statement cycles after you open your account.

Additional Information
Terms and Conditions
Fee Schedule
Packaging Options

* Consult your tax advisor for tax benefits. 

Bankers Trust
Education Center

Explore the basics of personal finances and find tips for budgeting, saving and more on the Bankers Trust Education Center.

View posts
Icon graphics for Education Center sections

Finalize Online Account Opening

​For customers who have started the account opening process and chose to fund the account with funds from an external account please click below.

Click Here
Health Savings Account (HSA) | Bankers Trust