Health Savings Account

Take control of your healthcare expenses.

In partnership with leading provider HSA Bank, Bangor Savings Bank is happy to offer Health Savings Accounts (HSAs).

An HSA is a tax-favored account used in conjunction with an HSA-compatible health plan. The account allows you to contribute funds on a pre-tax or tax-deductible basis, which can be used to pay for IRS-qualified medical expenses. These expenses include deductibles, copays, dental, vision, prescriptions, and more.

An HSA is available for any eligible individual that:

• Is covered by an HSA-compatible health plan
• Is not covered by other health insurance (except certain types of limited coverages)
• Is not enrolled in Medicare
• Is not claimed as a dependent on someone else's tax return
• Children cannot establish an HSA, and eligible spouses can establish their own HSA account

Sign up today for an individual HSA Account or click here to learn more.

If you are already an HSA account holder with HSA Bank, click here to access the login page to your HSA account.