Please remember that First South will never call you from our main number, 901.380.7400, and ask you to provide your full Social Security Number, full credit or debit card account number, the code on the back of the card, the expiration date or other pieces of sensitive information, such as any codes or temporary passwords used to reset access to online or mobile banking. We take the safety and security of your personal information very seriously and have many procedures and safeguards in place to keep your information safe and secure. 

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Health Savings Account

Health Savings Account

These tax-deferred accounts are designed to pay the qualified medical expenses of the HSA owner, spouse and dependents. In order to be eligible for this type of account you must be:

  • Covered by a high deductible health plan or HDHP (please check with your insurer or employer to determine if your plan is HSA eligible)
  • Not covered by another health plan that is not an HDHP
  • Not enrolled in Medicare
  • Not eligible to be claimed as a dependent on another person’s tax return

You can use the funds in the account to pay for qualified medical expenses, such as:

  • Co-pays
  • Deductibles
  • Hospital costs
  • Prescription medications
  • Some dental and vision expenses
  • Some over the counter (OTC) medications provided they are prescribed by a medical professional

You can open your health savings account by calling us at 901-380-7400, stopping by any of our banking centers or clicking the "Join Now" button below!

Join Now

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