Health Savings Account | North Carolina Bank HSA | Peoples Bank

Health Savings Account (HSA)

If you are enrolled in a high-deductible health plan (HDHP), you can set aside tax-free savings for qualified medical expenses* by opening a Peoples Bank Health Savings Account. You are never too healthy—or young—to start saving for medical expenses with an HSA.

Benefits and Features

Tax-free savings*

Online Banking

Online Bill Pay

Mobile Banking App and Mobile Check Deposit

*Customers should consult a tax professional for tax advice.

e.Statements with electronic check images provided at no cost

Same-day credit on deposits made at teller window until 5 p.m. on business days

Terms and Fees

$100 minimum to open

$0.10 per each debit processed ** every statement cycle

Paper statements may be provided at $2 per statement

** Debits include withdrawals, checks paid, electronic transfers, or payments out of the account.

Contact Us

Enrolling in a Health Savings Account is easy. Simply go to our contact page, fill out a short secure form and hit submit. We'll take it from there, and contact you within one business day. For immediate questions, call us at 877-802-1212 or visit us at one of our North Carolina branches. We look forward to serving you.