Health Savings Account

If you’re covered by a High Deductible Health Plan, not enrolled in Medicare and not listed as a dependent on someone else’s tax return, you may be eligible to open a Health Savings Account (HSA). This account can be used to pay for qualified medical expenses or to accumulate funds to pay for future medical expenses- both on a pretax basis.

  • $25 minimum balance to open the account
  • Keep an average daily balance of $1,000 to avoid a $3 monthly service charge and earn interest—the higher your balance the more interest you earn.
  • Free Account access
    • Northwest Online and Mobile Banking
      • eStatements
      • Mobile Deposit
    • Northwest Health Savings Account debit card
      • Accepted by Visa merchants worldwide
      • Bank free at more than 55,000+ ATMs worldwide
      • Deposit money using an automatic deposit ATM at most branch locations
    • Sign up for direct deposit
    • Free Bankline, automated telephone banking