Savings

Health Savings Account

Health Savings Account

Nothing’s more important than the health of you or your loved ones. A Health Savings Account (HSA) with Stanford FCU helps you cover expenses not covered by your health insurance. It combines the protection of your high-deductible health insurance plan with a tax-deductible savings account. And funds are easily accessed with your HSA debit card. At Stanford FCU, we look beyond banking—to helping support members’ health, happiness and peace of mind.

Premier Health Savings Account

A Stanford FCU checking account with monthly direct deposit of $500 or more will qualify you for the Premier Health Savings Account (PHSA). The PHSA offers all of the benefits of our regular HSA, but you’ll earn higher dividends on the balance in the PHSA account.

Health Savings Accounts are provided to those members who are employed with one of our Select Employer Groups (SEGs).  Members who qualify through FOPAL/MOAH must go into one of our branches to be eligible for this product.

Note: To be eligible for an HSA or PHSA, you must be enrolled in a High Deductible Health Plan (HDHP). For state income tax treatment of HSAs, check with your accountant, financial advisor or state tax authority, as tax regulations may vary by state.

HSA Features

  • NO monthly service fee
  • NO minimum balance requirement
  • FREE debit card access
  • FREE online access
Health Savings Account

Disclosures

Consult your Tax Advisor for further information. All members are required to have a $5 membership share balance in any of the following accounts: Checking Account, Savings Account, Money Management Account, Share Certificate or Individual Retirement Account.