First American Bank HSA

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Are you looking for a High Deductible Health Insurance plan for your Health Savings Account?

First American Bank offers a great way to save for your health care deductible, while taking advantage of tax savings.  Anyone is eligible for a First American Bank HSA regardless of the state in which they reside, as long as you have a High Deductible Health Plan and meet the IRS requirements. 

First American Bank offers two types of HSAs:

  • Their standard Health Savings Account is a free account* which pays interest based on the balance in the account.  You can view current rates on their website.
  • Their Health SavingsPLUS Account offers all of the benefits of their Health Savings Account, but allows you to invest a portion of your HSA account in a selected group of mutual funds. This account does have a $4 monthly fee, but the loads are waived and there is unlimited trading.

Take a look at a head-to-head comparison of both account types:

First American Bank Options

Visit the First American Bank website for detailed account and signup information

*A $3.00 monthly fee will be charged if the customer elects to receive a paper statement.  The fee will be waived if; 1) the customer elects to receive eStatements only; or 2) a combined minimum average daily balance of $2,000 is maintained between the checking portion of the Health Savings Account and an associated checking, NOW, savings or money market account.

Disclaimer:  The information listed above is current to best of our knowledge.  Please visit this administrator's web site or contact them directly to confirm you have the most current information available.

HSA for America is an independent health insurance agency specializing in high deductible health plans qualified to work with health savings accounts.  We provide a list of recommended HSA administrators as a service to our visitors and customers.  We are NOT an administrator ourselves.  If you have a question for a specific administrator, please contact them directly.

For a list of the administrators we recommend, please visit our HSA Administrators page.

For information on how to get instant quotes and choose a plan that is qualified to work with a health savings account, please visit our "How To" Guide page.

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