DCB Health Savings Account
A healthy you, and a healthy bottom line.
Do you have a high-deductible health plan (HDHP) and are looking for a more convenient, tax-advantaged1 way to pay your medical expenses? Then a health savings account (HSA) is a great choice. Unlike flexible savings accounts, unused HSA funds don’t disappear at the end of each year—they roll over, accumulate, and are available to use in following years.
OUR HEALTH SAVINGS ACCOUNT OFFERS:
- Tax-free contributions1
- Tax-free interest earned on deposited funds1
- Use of withdrawn funds for qualified medical expenses
- Contributions can be made up to the maximum amount through April 15 of the subsequent year
- 24-hour telephone banking at (760) 243-2140 that allows you to transfer funds, monitor balances, track recent transactions, and make stop payments
SERVICE FEE:
There is a $5 annual administration fee.
A DCB Health Savings Account comes with:
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INFORMATION TO NOTE:
Rate information — Your interest rate and annual percentage yield may change.
Frequency of rate changes — We may change the interest rate on your account at any time.
Determination of rate — At our discretion, we may change the interest rate on your account.
Compounding and crediting frequency — Interest will be compounded every month. Interest will be credited to your account every month.
No minimum opening balance required; Open in a branch only.
Daily balance computation method — We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Accrual of interest on noncash deposits — Interest begins to accrue on the first business day after the banking day you deposit noncash items (for example, checks).
Interest accrual upon account closure — Interest accrues up to the business day that you close your account and is credited when the account is closed.
We reserve the right to change accounts at any time without notice. Please see the Complete Disclosure Guide for additional details.
1Please consult a tax or legal expert for advice.
2 Not all devices may be supported. Customer eligibility required. Must be an active personal online banking user.
3Currency conversion fee may apply to transactions outside the U.S.
4This debit card is issued by Flagstar Bank pursuant to a license from Visa U.S.A Inc.