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Health Savings Account

You can conveniently pay for qualified medical expenses using your Tri Counties Bank HSA debit card or HSA checks.

What is a Health Savings Account (HSA)?

Health savings accounts are like personal savings accounts but the money in them is used to pay for certain medical expenses tax-free*, as allowed by the IRS**. It's a handy way to contribute to and draw money from the funds towards your medical plan deductible, any coinsurance or co-payments. You can access your money using the Tri Counties Bank HSA Debit Card or by writing checks.

Get Started

To open a Health Savings Account and for current rates, please give us a call at 1-800-982-2660 or visit your local branch.

Examples of Qualified Expenses

Doctor’s visits


Dental treatment

Diagnostic tests and devices

Eyeglasses, contact lenses and exams

Hearing aids and batteries

Operations/surgery (non-cosmetic)

Nursing services

Physical therapy

Psychiatric care


What expenses are covered by an HSA?
You can pay for a wide range of IRS-qualified medical expenses with your HSA, including many that aren't typically covered by health insurance plans. This includes deductibles, co-payments, prescriptions, dental and vision care, and more. For a complete list of IRS-qualified medical expenses, view

Can I use my HSA for expenses incurred before I opened the account?
No, you can only use the money in your HSA to pay for qualified medical expenses incurred after the account is opened.

How do I use my HSA to pay for qualified medical expenses?
You can conveniently pay for qualified medical expenses using your HSA debit card or HSA checks.

Can I still open an HSA for the prior calendar year?
You can open and fund an HSA for the prior calendar year until you file your income taxes or until the tax deadline (generally April 15)- whichever comes first. Please consult your tax advisor for specific information.

If I have multiple HSA’s, is it possible to consolidate them?
If you have an HSA at another institution, it is easy to transfer or “roll over” the money to a Tri Counties Bank HSA. By consolidating your HSA money, you will benefit from the convenience of having all your money in a single account. Only one rollover is permitted every 12 months.

* Consult with your tax advisor.

** The Internal Revenue Service publishes a list of qualified expenses in Publication 502, Medical and Dental Expenses available at

Please see your Tri Counties Bank Consumer Debit Card Agreement.

A word about our calculators

The information provided by these calculators is for illustrative purposes only. The default figures shown are hypothetical and may not be applicable to your individual situation. Be sure to consult a financial professional prior to relying on the results. The calculated results are intended for illustrative purposes only and accuracy is not guaranteed.