Health Savings Accounts (HSAs)

Health Savings Accounts (HSAs) are tax favored savings arrangements for individuals covered under a high deductible health plan (HDHP). This account can be used for qualified medical expenses by writing a check or using an HSA debit card. To learn more about HSAs and to see if one's right for you contact us today.

Midwest HSA Checking

  • $100.00 opening deposit required
  • First order of "Midwest (MB) Bank" checks free.  (Duplicate or non-duplicate)
  • HSA Check Card
  • Monthly Service Charge of $2.00 (To avoid the monthly service charge, the Health Savings account must maintain a minimum daily balance of $2,000.00)
  • Interest compounded monthly
  • Interest credited monthly
  • Deposit Account's rate