Health Savings Accounts (HSAs)
If you have a high-deductible insurance plan – you have the opportunity to set up a tax-advantaged savings account to pay or reimburse certain medical expenses you incur.
When you set up your Health Savings Account at Naugatuck Valley Savings and Loan, not only do you get great tax advantages, but our Fee-Free HSA means that you keep your money paying for medical expenses – and not bank fees.
Health Savings Accounts at Naugatuck Valley Savings and Loan give you the benefit of
- No minimum balance required to open the account
- Competitive interest rates
- No annual or monthly fee
- Unlimited check writing
- Free HSA VISA® debit card per authorized user
- Free Standard HSA checks
- Free monthly statement
- Free 24 hour online banking, bill pay, mobile banking and voice response
Plus, we’re here to help you handle the paperwork – HSA expert Carla Abate can work with you to easily and seamlessly transfer an existing Health Savings Account, or she can help guide you through the process of opening a new account through the mail or in any of our convenient branch locations.
Ready to start the account opening process?
Click on the pdf below to download more information and an application. For more information about the Naugatuck Valley Savings and Loan HSA, please contact our HSA expert, Carla Abate, by e-mail now or by calling 203-720-5000.