Health Savings Account (HSA) Checking

Take Control of Your Healthcare Spending

HSA Checking

Your health is your greatest wealth. Use this tax-advantaged interest-bearing checking account to cover current and future medical expenses. Contributions to your HSA Checking Account are often tax-deductible and earnings grow tax-deferred, leading to savings over time.

Our HSA Checking Account is for individuals and families who are covered by high-deductible health plans (HDHPs).

Use your HSA Checking Account to pay tax-free for:

Conventional medical expenses like doctor visits, prescription medication, dental, and vision care.
Treatments not typically covered by insurance including acupuncture, orthodontics, chiropractic care, and fertility treatments.

Visit Any Branch To Open

Ready to open your HSA Checking Account? Simply schedule an appointment at any of our branch locations to work with a member representative in-person.

How Does It Work?

HSA Checking Account Eligibility

Verify your eligibility with your insurance provider, but generally you are eligible for an HSA Checking Account if you are:

Covered by a High Deductible Health Plan (HDHP) that does not have co-payments
Not covered under another medical plan that is not an HDHP

Not enrolled in Medicare
Not eligible to be claimed on another person’s tax return

Use Funds For Qualified Medical Expenses

Your HSA Checking Account can be used to pay for any qualified medical expense, including:

Co-pays & doctor visits
Prescriptions
Vision and dental expenses
Medicare premiums and out-of-pocket expenses
Treatments not typically covered by insurance including acupuncture, orthodontics, chiropractic care, and fertility treatments.
And more!

Additional Account Benefits

Save Money

When you use funds for qualified medical expenses, you avoid taxes and grow your balance with tax-deferred income. Plus, funds roll over each year, so you don't need to worry about "use it or lose it" policies, even if you change jobs or retire.

Spend Smartly

You decide where to spend your money with multiple options for qualified medical expenses. And, using funds for qualified expenses contributes to meeting your deductible.

Maximum Convenience

The HSA Checking Account is a qualified Health Savings Account investment designed for your convenience. Members can make withdrawals by check or by debit card, and contributions can be made by direct deposit or by check. No required minimum balance.

Triple Tax Advantage

With pre-tax contributions that lower your taxable income, tax-free growth, and no taxes on distributions for qualified expenses, HSA Checking makes every dollar count.

Family Plan Access

Have a family plan? Ask about getting a debit card for everyone covered on your plan.

	2026	2027
Single	$4,400	$4,500
Family	$8,750	$9,000

Already Have A Rivermark HSA Or IRA Account?

Visit our HSA & IRA Center to manage your account 24/7 - including making contributions or withdrawals. If you have questions after visiting our Online HSA & IRA Center, call us at 503-626-6600. A Rivermark member service representative will be happy to assist you. Or simply visit any of our branch locations to work with a member representative in-person.

Visit HSA & IRA Center