Health Savings Account - Benefitting your company and employees.
*Annual Percentage Yield (APY) accurate as of 2/12/2024 and is subject to change without notice. The interest rate and APY may change at any time after account opening. A minimum daily balance of $.01 is required to earn stated APY. Fees could reduce earnings. A single rate of interest is paid on he entire principal balance determined by the level of the principal balance daily.
Elevate your organization's benefits
with our Health Savings Account.
Talk with a Banker today!
**Live Banker video calls are available weekdays from 8am - 6pm and Saturdays 9am-1pm EST.
We know that you work hard to offer a generous benefits package - we help make it even better. With Northeast Bank you get:
- A dedicated account manager and support team.
- Simple to use applications your employees can fill out in-person or remotely.
- The ability to submit multiple applications at once - streamlining new hires and HSA switchovers.
- No monthly or hidden fees.
- A nationally competitive savings rate on all HSA balances - putting more money in your employees' pockets.
- Provide employees convenient access to their funds with a debit card and 24/7 Online and Mobile banking.
There are many benefits for you to offer an HSA as part of your benefits package.
- Your company's contributions to the accounts are tax deductible.
- Employees' contributions reduce the company's payroll taxes.
- High Deductible Health Plans (HDHPs) are more affordable for companies to offer for medical coverage.
- If you already offer a HDHP, you can switch HSA providers without having to switch your insurance provider.
- Employees feel empowered since they own their funds.