Health Savings Account

Cover Medical Expenses

Tax Advantages

Health Savings Account Overview

If you have a high-deductible healthcare plan (HDHP), a Health Savings Account can go a long way toward helping to pay for qualified medical expenses. Visit IRS Pub 502 for a complete list of qualified expenses. We suggest a consult with your tax advisor so you'll know if you qualify and what your contribution allowances are.

Health Savings Account Features & Benefits
  • Contributions are tax-deductible
  • Tax-free withdrawals for qualified medical expenses
  • Tax-free dividends
  • Funds can be carried over year after year
  • E-Statements

    We’re all about eco-friendly, and e-statements help keep things a little tidier all the way around. You can sign up for them under the Documents tab in Online Banking, be notified by e-mail when they’re available for viewing and know they’re securely stored for you. No more hard copies to file and shred!

  • Mobile Banking
    Mobile Banking

    Mobile Banking is account management on the go. Having the ability to check balances, keep tabs on activity and transfer funds on the spot – along with several other features – is very handy and pretty much the norm these days. We’re happy to oblige.

    You have a choice – browser or app – but you'll want the app because...wait for get Mobile Deposit!

  • Online Banking
    Online Banking

    Online Banking is one of the ways we help you make banking the most enjoyable hassle of your day. And when there’s access to check balances and activity, transfer funds, pay bills and more whenever you need it, banking really isn’t a hassle at all, right?

  • Payroll Deduction
    Payroll Deduction

    What is payroll deduction? It’s a way to have part of your paycheck deposited into an account or applied as a loan payment. We’re happy to accept payroll deductions if your employer offers it – check with your company’s payroll department for more information.

  • Telephone Banking
    Telephone Banking

    If you’d rather use a good old-fashioned phone to access your accounts, meet Telephone Banking. Our automated system lets you check account, loan and credit card balances, make transfers, check withdrawals and more. A quick call to our Contact Center for an access code will get you started. We also offer a guide with a detailed list of available services.

Stop by your nearest branch or call 800.562.0999

Ready to open a Health Savings Account?

Check Out Our Health Savings Account Rate
AccountMinimum BalanceAPY*RateAccount Limitations
Health Savings $0.00 0.11% 0.10% IRS Limitations
View Rate and Fee Schedule

*Annual Percentage Yield      Effective Date: January 5, 2015

Photo of Hannah
Member Story

Rachel [West Olympia branch] was professional, kind and offered full answers to my questions in addition to educating me about important information pertinent to my transactions that I did not think to ask about. She provided me with the type of welcome I hoped for as I became a new WSECU member.