Health Savings Accounts
Health Savings Accounts from Thayer County Bank provide a tax advantaged way to manage
your health care expenses. Interest accumulates tax free when used
for future medical expenses.
Different folks use HSA's
for different purposes. Some customers continue to fund their out
of pocket medical expenses from our resources and accumulate funds in a
tax-free savings account rather than accumulating in a taxable account.
Other customers like the convenience of using one account from which
they pay their medical expenses not covered by insurance. All
customers realize that they have greater control of their medical
decisions and attempt to limit their expenditures.
Thayer County Bank offers
free checking access to the interest bearing account or Visa
Check Card access to the same account. All with NO ANNUAL
FEES. A $1.00 deposit is required to open the account.