Health Savings Accounts
Health Savings Accounts (HSAs) offer a convenient, tax-deductible means for your employees to pay for qualified medical expenses with nontaxable distributions. If you offer your employees a high-deductible health plan (HDHP), consider offering a Franklin Savings Bank HSA – a pre-tax benefit for your employees at no cost to you! How Your Employees Will Benefit:
Franklin Savings Bank’s Health Savings Account offers a very competitive variable tiered interest rate with the convenience of no fixed maturity date. Your employees will benefit from account features such as:
- Low opening deposit
- Unlimited check writing with special HSA checks
- Free Debit Card with $1,000 daily Point of Sale (POS) limit
- Free I-Bank24 access
- Monthly statements
- Low monthly maintenance fee only if the account balance drops below $1,500
For your employees and their families to start benefiting from this account convenience and tax advantages, send an e-mail to our Relationship and Business Development Officer or contact us online.