Health Savings Accounts (HSA)

Medical expenses can surprise us at any time, leaving us struggling to make ends meet. Health Savings Accounts (HSA) enable you to expect the unexpected and designate funds for medical-related payments and purchases.

We offer two types of HSA accounts: Demand Certificates and Term Certificates.

Demand Certificates (TAP)

Thrift Accumulation Plans (TAP) are the most common investment for our HSAs due to the frequent transactions in these accounts. Our TAP Agreements are Demand Certificates, giving you easy access to add new investment dollars or redeem funds at any time without penalty. Learn More.

Individuals
BalanceRateAPY*
$5 – $2,0002.52%2.55%
Over $2,000 or age 65+2.76%2.80%
*APY is the annual percentage yield, representing the effective rate of interest when all principal and interest payments are retained in the investment balance. Rate and APY as of 12/1/2023. Demand Certificates (TAPs) are not available to WI residents.

Term Certificates (SICs)

Stewardship Investment Certificates (SIC) are also available for HSA investments. Our SICs are Term Certificates, meaning that you are committing to invest the original principal balance for the designated amount of time. You can choose investment terms from six months to five years (options below). Early redemption penalties apply. Learn More.

MinimumTermRateAPY*Penalty
$256 months3.01%3.05%90 Days of Interest
$251 year3.49%3.55%90 Days of Interest
$2515 months**4.89%5.00%182 Days of Interest
$252 years3.74%3.80%90 Days of Interest
$253 years3.98%4.05%90 Days of Interest
$254 years4.22%4.30%90 Days of Interest
$255 years4.46%4.55%90 Days of Interest
*APY is the annual percentage yield, representing the effective rate of interest when all principal and interest payments are retained in the investment balance. Rate and APY as of 12/1/2023. **15-month certificates are fixed to the rate of the certificate at the time of purchase until August 1, 2024, at which time they will become a variable rate certificate as well.

Learn More

Contact Sean Kleckner for more information.

skleckner@bicfoundation.org

(717) 796-4788 ext. 5429