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 A NEW ACCOUNT
Health Savings Account
| Tiers | Min. Opening Deposit | Interest Rate | APY* |
|---|---|---|---|
| $0.00 – $499.99 | $0.00 | 0.20% | 0.20% |
| $500.00 – $2,999.99 | $500.00 | 0.40% | 0.40% |
| $3,000.00 + | $3,000.00 | 0.60% | 0.60% |
Interest Rates as of February 2, 2026.