Your needs, our options.

• $100 minimum opening deposit
• No monthly service charge
• No minimum required balance

• $1,000 minimum opening deposit
• $10 monthly service charge
• $1,000 average daily balance required for the month to avoid service charges¹

¹ For this purpose, the average daily balance is calculated by adding the principal in the account for each day of the period and dividing that figure by the number of days in the period. The period we use is month.

An HSA is a special tax-advantaged account used with a high-deductible health plan (HDHP). Distributions may be tax-free if you pay for qualified medical expenses. Ask your accountant or tax advisor to help determine if an HSA could be right for you.*

Why an HSA

• Pay qualified medical expenses permitted under federal tax law at any time without federal tax liability or penalty (Click here for more information on HSAs and qualifying expenses)
• No monthly service charge
• Earn interest starting with a $100 minimum average monthly balance
• Debit card and checks provide easy access to the account for qualified medical expenses

How an HSA Works

• You may establish an HSA if you’re covered by high-deductible health plan and have no other first-dollar coverage
• Funds contributed to HSA are not subject to federal income tax at time of deposit
• Funds rollover and accumulate year-to-year if not spent
• Annual contribution limitations exist based on individual vs. family coverage and age of participant
• Transaction limitations subject to IRS rules
• Click here for detailed information on how an HSA works

*Capital Bank does not provide tax or retirement planning services. Consult a qualified advisor as needed.