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Health Savings Accounts  

Discover a better way to pay for health care.
With health care costs rising every year, you need tools to help protect your health and financial future. A Health Savings Account (HSA) from WPS Community Bank can do both.

Simply combine an HSA with a qualified high-deductible health plan and you can save money that can be used to pay for medical expenses you need now or in the future – completely tax-free. When it comes to paying for health care, opening an HSA with WPS Community Bank just makes sense.

WPS Community Bank offers convenient, easy-to-manage Health Savings Accounts featuring:

  • No set-up fee
  • Low monthly fees
  • Competitive interest rates

Get More Information

Contribution Limits
Contributions for the previous year can be made up to April 15 of the following year.
  2011 2012
Single    
Minimum deductible of policy must be $1,200 $1,200
Maximum you can contribute $3,050 $3,100
Family    
Minimum deductible of policy must be $2,400 $2,400
Maximum you can contribute $6,150 $6,250
Catch-up of over age 55 $1,000 $1,000
Maximum Out of Pocket Expense
  2011 2012
Self-Only Coverage

$5,950

$6,050

Family Coverage $11,900 $12,100

Personal Banking

To open an account:

  • Call 1-608-224-5500
  • Download our HSA Application
    and mail it to:
      WPS Bank
      5900 Gisholt Drive
      Madison, WI 53713
  • Drop in at our Madison office


IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT
To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify and record information that identifies each person who opens an account. WHAT THIS MEANS FOR YOU: When you open an account, we will ask you for your name, address, date of birth, and other Information that will allow is to identify you. We will also ask to see your driver’s license or other identifying documents.

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