Grow Financial Federal Credit Union

Health Savings

Healthy Wallet, Healthy Body


Even the best health insurance doesn’t cover everything. You’re always handing money to a doctor or pharmacy for something, but a Health Savings Account (HSA)1 can help those payments go down a little easier. Your contributions may qualify for tax deductions and also earn a competitive dividend, so your money can keep up with your needs. We’ll even throw in a debit card to make it more convenient. Grow members can open a Health Savings Account through online banking.

Important Information About Procedures For Opening A New Account

To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: when you open an account we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.

Grow Savings Accounts are subject to ChexSystems® approval.

1Determining eligibility for HSA and the amounts contributed are strictly the responsibility of the member. Consult with your tax advisor.