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!