Health Savings Accounts

HSAs

If you have a high-deductible health insurance plan, you may be eligible to open a CPCU Health Savings Account. An HSA allows you to set aside pretax dollars to pay for medical expenses such as prescriptions, co-pays, and over-the-counter medications.

How it Works

First, check your employer’s policy to make sure you are allowed to utilize an HSA.
Next, open your CPCU Health Savings Account. There are no minimum balance requirements to open an HSA with us, however, you must be a member with a savings account. Not a member yet? All you need to open an account is meet our eligibility requirements and $25 for your share of the Credit Union.
Last, we can help set it up with your employer to direct deposit a certain percentage of pretax dollars from your pay into your HSA account. Done!

Open an Account

Health Savings Accounts

Effective Date: July 1, 2025

APR	APY	Dividend	Minimum Balance	Minimum Balance to obtain APY
0.200%	0.200%	Compounded/Credited Quarterly	None	$50.00
Contact us for answers to questions. APR=Annual Percentage Rate APY=Annual Percentage Yield

APR

APY

Dividend

Minimum Balance

Minimum Balance to obtain APY

0.200%

Compounded/Credited Quarterly

None

$50.00

APR=Annual Percentage Rate

APY=Annual Percentage Yield

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