Manage your medical costs with the help

of a Health Savings Account.

Health Savings Account

A Health Savings Account (HSA) at CEFCU can help you manage your medical expenses. You can keep your HSA even if you change jobs, become unemployed, move, change medical coverage, or change marital status.


Receive a separate account, statement, and checks you can use just for medical expenses and access your funds through CEFCU On-Line®, CEFCU Bill Pay, Touch-Tone Teller, and any Money Center 24® ATM.

Health Savings Accounts were developed by Congress for consumers with high-deductible health plans. If you are not enrolled in Medicare, you can use tax-free savings to pay for current or future qualified medical costs.

*Consult your tax advisor for help determining your eligibility to open an HSA and your allowable contributions and withdrawals. As custodian/trustee of your HSA, CEFCU is not responsible for determining your allowable contribution amounts or whether distributions are used for qualified medical expenses. Your total contributions and withdrawals are reported annually to the IRS.