Health Savings Accounts (HSA) is a tax favored savings or investment account created to pay for medical expenses. It is an excellent way to control the rising cost of health care for employees. The account works in conjunction with a high-deductible health plan to lower your premium costs for employee health coverage. HSA distributions are to be used exclusively to pay for or to reimburse qualified medical expenses. Please stop by any of our branches for an HSA brochure for qualifying criteria and additional information.