HEALTH SAVINGS ACCOUNT

The credit union now offers health savings acounts, better known as HSA's. If you currently have an HSA, or need to open as HSA, GWFCU can help.

An HSA is a health care program that combines cost savings, flexibility,and ownership. Today more and more employers are offering HSA's to their employees as a substitution  to the traditional healthcare benefits program.

If your employer offers HSA's or requires you to have an HSA as part of their benefits program, you can call us to satisfy that need. HSA's can be funded with pre-tax dollars and any account earnings will accumulate on a tax-deferred basis.

While there are many benefits to having an HSA, the real advantage is knowing that your balance can accumulate from year to year and that you are the owner of the account. You can contribute at any time during the year into your HSA and, if you ever leave your employer, your HSA will follow you. Remember, you are the owner!

To open your health savings account at GWFCU simply call us and we'll send you an HSA account application.