Health Savings Account

Our Health Savings Account (commonly known as an HSA) is designed to help individuals with a High-Deductible Health Plan* pay for current and future qualified medical expenses on a tax-free basis, while earning terrific dividends.

  • $25 to open
  • No service fee/No minimum balance required
  • Access your account with VISA® Debit Card, check, ATM, ACH, or teller transaction
  • No fee for point of sale transactions
  • First order of printed checks are free
  • No transaction limitations (accountholder is responsible for compliance with IRS regulations)
  • Monthly account statement
  • Prompt annual reporting of account balance and any withdrawals
  • Earn annual dividends by maintaining an average daily balance of $100
  • Annual dividend rate of .995%, or annual percentage yield of 1.00%**
  • GO Federal Credit Union membership required (Share Savings Account with minimum deposit of $25); full menu of additional financial services and accounts also available
  • Unused HSA funds may be rolled over and accumulated from year-to-year. This allows you to build up a nest egg for large future medical expenses.
  • The account is portable, which means you can take it with you, regardless of job changes.

Questions? Give us a call at 214-742-6551.

*2017 minimum HDHP deductible amounts: $1,300 for individuals and $2,600 for families. 2017 HSA contribution limits: $3,400 for individuals, $4,400 age 55 and over; $6,750 for families, $7,750 age 55 and over.
**Rates quoted are effective as of 10/31/14. GO Federal Credit Union reserves the right to change rates without notice.