Northway Bank logo
About | Careers | Contact Us | Investor Relations | Locations
Online Banking Login

Enroll in Online Banking

Forgot User ID/Password?

User Tutorials

Find a Location
Submit Service Request Customer Feedback
Business Resource Center CommonCents Financial Wellness CommunityCents
Online Coupon Book
Fraud Prevention and Online Security Other Online Services
facebook

Calculators Credit Card Account Access Current Rates FDIC Info News Order Checks

     Home  /  Personal  /  Savings
pg_hdr_hsa

links_hdr_savings_accounts
transparent

transparent
Statement Savings
transparent
Money Market
transparent
Certificates of Deposit
transparent
IRAs
transparent

transparent
SmartSaver CD
transparent
Health Savings Accounts
transparent
Compare Accounts
transparent
Calculators
transparent
transparent










banner_sm_truenorth

banner_sm_myfinance

banner_sm_infinex
With health care costs on the rise, affordable solutions are more important than ever. A Health Savings Account (HSA) combined with a qualified High Deductible Health Plan (HDHP) can help you minimize your health care costs.

gray_edeeeb_1x1

HSAs are:
  • Tax-exempt (consult a tax advisor), individually-owned savings accounts with contributions used to pay for qualified medical expenses
  • Accessible through the Northway Bank Health Savings Account Debit MasterCardTM which makes payment easy and provides convenient access to your HSA account.
  • Used in conjunction with a high deductible health plan
  • A high deductible plan is a health plan with an annual minimum deductible of $1,300 for single coverage or $2,600 for family coverage*
  • A high deductible plan must meet out-of-pocket limits: deductible, co-pays and co-insurance not exceeding $6,450 for single coverage or $12,900 for family coverage*
  • Completely portable if you’re employed and you change jobs

gray_edeeeb_1x1

HSAs help you:

  • Offset higher deductibles
  • Save for current and future medical
    expenses
  • Control your own health care dollars.

HSAs provide three levels of tax advantages. Contributions are tax-exempt (consult a tax advisor). The accounts provide tax-free earnings. Withdrawals for medical expenses are tax-free. And unlike many medical reimbursement plans, unspent HSA savings carry over year-to-year—similar to an IRA.

*Amount subject to change.

Equal Housing Lender and FDIC logos
24-Hour Telephone Banking 1-888-568-6310  |  Customer Service 1-800-442-6666
Privacy & Security  |  ID Theft  |  Site Map  |  NMLS #405698
© Copyright 2005-2017 Northway Bank. All rights reserved.