Health Savings Accounts (HSAs)

Invest in Your Health

With a Health Savings Account (HSA) from Kennebec Savings Bank, prioritize your health and wellness goals.

HSAs are tax-advantaged medical savings accounts available to people enrolled in certain health plans such as High-Deductible Health Plans (HDHPs). They can be used to pay for qualified medical expenses and services.

HSAs offer a number of benefits, including:

  • Tax-deductible contributions
  • Tax-free growth and withdrawals
  • Carryover of unused funds from year to year
For eligible people, HSAs may be a great way to save money on health care costs. Speak with your tax advisor to see if an HSA is a good fit for you. Then, visit your local Kennebec Savings Bank branch to open an account.
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Health Savings Accounts (HSAs)

Grow savings to pay for qualified medical expenses.

  • Available as a checking or savings account
  • Minimum opening deposit of $10
  • No regular service fees for you or your employer
  • Easy direct deposit setup
  • Free HSA debit card with an HSA checking account
  • Onsite setup of accounts at your workplace

HSAs for Maine Businesses

If you are an employer and would like to offer Health Savings Accounts as part of your HDHP insurance plan, Kennebec Savings Bank can help. Please call (207) 622-5801, visit one of our branch locations, or send us a message today.