A UNIFI CompanyAcacia Federal Savings Bank, A UNIFI Company

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Personal Banking

Personal Banking
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Health Savings Accounts (HSA)

Health Savings Accounts (HSA) were created in 2003 so individuals covered by high-deductible health plans (HDHP) could receive tax-preferred treatment of money saved for medical expenses. A HSA is a tax-exempt account and generally, an adult who is covered by a HDHP - and has no other first-dollar coverage - may establish an HSA.

Contribution limits to an HSA are determined by the IRS based on the year the contribution is for and the type of health insurance coverage the customer has (individual or family). Click on the year below for the appropriate contribution limit.

2010 | 2011 | 2012 | 2013


Benefits of a HSA include:

  • Contributions are tax deductible.
  • Earnings are tax-free.
  • Withdrawals from the account that are used to pay for qualified medical expenses are tax-free.
  • There is no use-it-or-lose-it condition, and unused funds carry over from year to year.


Features of the Acacia Federal HSA:

  • No annual administration fee* 
  • No minimum balance requirement
  • Interest-bearing account
  • Debit card with no monthly fee 
  • No transaction fee for point-of-sale purchases
  • Refund of up to $25/month in domestic ATM surcharge fees 
  • FDIC insured
  • Free online banking and eStatements
  • Free Bill Pay and Bill Presentment 


*A one-time set-up fee of $20 is required to the HSA.

If you have any questions about whether your plan is a HDHP, please contact your employer.

For additional information and current rates, call 800.950.0236.


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