Health Savings Accounts
To Your Health!
Save and spend smarter when you use a health savings account (HSA).
A HSA allows you to pay for current health expenses and save for future qualified expenses on a state and federal income tax-free basis. You can spend these funds on yourself, your spouse, or your dependent children.
Ladysmith Federal’s HSA Benefits
- Earn interest on your balance
- Minimum balance to open: $50
- Monthly fee: $5 (if the daily balance drops below $50)
- Free debit card
- Free checks
- Unlimited check writing
Open an Account
You can open an account online or in-person at Ladysmith Federal.
No matter how you apply, you'll need:
- Your Social Security number
- Valid ID (driver's license, state ID, or passport)
- Current residential address
- Funds to deposit
Accounts for Retirement, Businesses, Non-Profits, & children 17 and under must be opened in-person.