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March 04, 2008
HSA Administrator Exante Bank Names New President
Kelvin Anderson has been named president of Exante Bank, a Health Savings Account administrator affiliated with UnitedHealth Group.
Anderson takes over at the Minnetonka-based bank -- just ahead of Exante's and its parent company's Exante Financial Services' name change to OptumHealth Bank and OptumHealth Financial Services. The name change became effective March 3.
Anderson replaced Dean Mason, who left the company to pursue other interests.
Anderson was most recently chief operating officer and chief financial officer of both Escrow bank USA and Capmark Bank, which are based in Salt Lake City.
Exante Bank has more than $540 million in assets and more than 1.3 million in Health Savings Accounts. Their affiliation with UnitedHealth Group has greatly increased the HSA accounts.
Posted by Wiley Long at March 4, 2008 08:02 AM