Plan Ahead for Medical Costs
Healthcare costs can add up quickly, but a family or individual Health Savings Account (HSA) can help you plan. Designed to be used alongside a High-Deductible Health Plan (HDHP), an HSA allows you to set aside funds for qualified medical expenses on a tax-free basis. Plus, your balance rolls over from year to year, allowing you to continue saving for future healthcare needs.
HSA Features & Benefits
A Croghan HSA gives you control over your healthcare savings with these key benefits:
Tax-Free Deposits
Contribute tax-free and use funds for qualified medical expenses.
Easy Access & Management
Use a debit card, direct deposit, and digital banking to manage your funds anytime.
Balance Rolls Over Annually
Unused funds stay in your account year after year.
Reduce Out-of-Pocket Healthcare Costs
Offset high-deductible health plan expenses with pre-tax savings.
Account Details
Eligibility: Must be covered by a High Deductible Health Plan (HDHP), not enrolled in Medicare, cannot be covered by any other health insurance, cannot be claimed as a dependent on another’s tax return.
What You Can Expect From Croghan
When you open a Health Savings Account with Croghan Colonial Bank, you get more than just a savings account—you get a trusted financial partner.
Simple & Transparent Banking
We make it easy to open and manage your HSA, with clear guidelines and no hidden fees.
Convenient Access
Manage your account online, on mobile, or over the phone—anytime, anywhere.
Personalized Support
Our team is here to help answer your questions and guide you through the process of managing your healthcare savings.
Secure Your Healthcare Savings Today
A Health Savings Account can help you plan for future medical expenses while keeping your money safe and tax-advantaged. Ready to get started? Open your HSA today!
Important Legal Disclosures
* Account subject to deposit account approval.