Wealth ManagementHealth Savings Accounts
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The popularity of Health Savings Accounts is on the rise, thanks to a bill passed by Congress to combat rising medical costs. First National Bank North Platte offers Health Savings Accounts (HSAs) to consumers and small business owners which allows them to save money tax-free that can be used for medical costs.
Our bank is one of the few banks in the nation to structure the HSA with a checking account tied to an investment account through our Wealth Management department. As an HSA customer, simply use your debit card or BillPay to cover qualified medical expenses.
First National Bank North Platte's HSA includes many valuable features.
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No minimum balance required
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No spending deadline
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Variable interest earnings
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Investment options
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Online account access
Many Benefits for You!
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There can be substantial tax benefits* to eligible individuals. HSAs provide tax benefits related to paying qualified medical expenses, plus provide benefits similar to many tax-favored retirement plans
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If used for qualified medical expenses, HSA distributions are never taxed
A Personal Banker is available to open accounts at a location near you or visit the Trust Department for investment information.
