HSA Checking Account

HSA Checking Account  |  Earn Higher Dividends  |  Convenient Access

Safety and Security  |  How to Open Your Account  |  Learn about HSAs

A Health Savings Account (HSA) is a tax-favored account used to pay for qualified medical expenses. DCU offers HSA Checking Accounts for members with high deductible health plans (HDHPs). With HDHP coverage, an individual must pay for a certain amount of medical expenses. In exchange for paying a certain amount upfront, individuals enjoy less expensive insurance premiums. Individuals can use the money they save in a HSA to pay for medical expenses incurred by themselves, their spouses, or their dependents.

There's no minimum to open your account or to earn dividends. For our current HSA Checking Account rates, visit our rates page. As the money in your DCU HSA Checking Account grows, you'll automatically earn a higher dividend rate.

Use one of our Savings Calculators to see how fast your money can grow.

You can access your HSA Checking Account 24 hours a day using PC Branch, Easy Touch Telephone Teller, and your Health Savings Account debit card at any DCU ATM. You can also access your account with your HSA checks, at any DCU branch, and by making deposits by mail.

You can regularly transfer money into your HSA Checking Account from your other DCU accounts. Set up automatic transfers on PC Branch – It's a great way to pay yourself first and make your money grow faster.

DCU's HSA Checking Account is federally insured along with your other DCU savings up to $250,000 by the National Credit Union Administration (NCUA), a U.S. Government Agency. Additional aggregate coverage is possible depending on how you structure the ownership of your family's accounts.

HSA Service Center– This online service is an easy way to sign up for a HSA Checking Account. Select the Open a HSA link and complete the online questionnaire to produce the appropriate documents to open your HSA.

Select Learn about HSAs to find answers to Frequently Asked Questions.

If you have any questions, please speak with a Member Service Representative at your nearest DCU branch or call our Information Center at 508.263.6700 or 800.328.8797, weekdays from 8:00 a.m. to 9:00 p.m., and Saturdays 9:00 a.m. to 3:00 p.m., Eastern time.

Rates may change after the account is opened and are subject to change weekly. Funds earn dividends from day of deposit to day of withdrawal, compounded daily and paid monthly. Dividends are calculated on the full balance using the highest applicable dividend rate. Accrued dividends are forfeited if account is closed prior to monthly dividend posting. Fees or other conditions may reduce earnings on this account. Refer to DCU's Truth-In-Savings Disclosure and Account Agreements, and Schedule of Fees and Service Charges.

Read all HSA Checking Account questions/answers.

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