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Health Savings Account

Be prepared for any health-related expenses with a Health Savings Account, a great way to manage medical costs.

$0

Minimum Balance

$25

Annual Fee

%

Interest-Bearing

Up to two HSA debit cards with no additional fee. $10 annual fee per card for each additional card.

View Fee Schedule

View Deposit Account Agreement

Interest Rates

Be prepared for any health-related expenses with a Health Savings Account, a great way to manage medical costs.

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Additional Information

Health Savings Accounts, or HSAs, are tax-favored consumer savings arrangements for individuals and families covered by high deductible health plans (HDHPs). An HSA is an IRA-like account that is designed exclusively for covering medical expenses incurred by the HSA owner, the HSA owner's spouse and his or her dependents.

Four Years of College - National Average (Tuition, Room & Board)
HSA ANNUAL CONTRIBUTION LIMITS 2023 2024
HDHP Single Plan Coverage $3,850 $4,150
HDHP Family Plan Coverage $7,750 $8,300

Eligible individuals, who are age 55 and older, may make HSA catch-up contributions (up to $1,000 for 2023 and 2024 alike).

HSA contributions (by the HSA owner) are excluded from taxable income. HSA earnings are tax-deferred. If used for qualified medical expenses, HSA assets are never taxed.

Open your Health Savings Account over the phone at 303-237-5000.

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More Personal Accounts

Climb Account

Begin your financial journey with the Climb account.

  • No minimum balance.
  • No overdraft fees.1

$5 monthly account service fee.

To open a Climb account, please visit any FirstBank branch or call 1-800-964-3444.

Minimum Balance

Minimum Balance

Minimum Balance

Minimum Balance

Minimum Balance

Minimum Balance

Disclosures

  • The interest rates are effective from Wednesday or the first business day of the month to the following Tuesday or first business day of the month. The interest rate and APY may change every Wednesday and on the first business day of each month. These rates apply only to Colorado accounts. You must have a physical address in Colorado to receive Colorado rates. Fees can reduce earnings on the account. For specific tax questions, please consult your tax advisor.