Available in a Health Savings Account or Health Savings CD
Options to help you save for health and medical needs—whether for yourself or your family.
Contributions are Tax-Free
Contributions can be made by you, your employer, or a third party.
Monthly Imaged Statements
Receive a detailed account statement every month for easy tracking of your accounts
eStatements
Secure, convenient, and easy access to your account statements online anytime.
Free HSA Visa® Debit Card**
5 Checks per Month Limit ($1 per Check Thereafter)
Receive Higher Rates on Larger Balances
Avoid $7 Monthly Service Charge by Maintaining a $200 Minimum Balance
Account Holders Responsible for Determining Eligibility*
Most Adults Under 65 Not Enrolled in Medicare Covered Under High-Deductible Health Plan (HDHP) Qualify*
Available for Individuals or Families
Prepare for Qualified Medical Expenses
Greater Personal Control Over Your Healthcare Expenses
HSA Can Provide Potential Tax Savings*
$100 Minimum Deposit to Open Savings Account - $500 Minimum for CDs
Competitive, Tiered Interest Rates Paid on Balances of $100 or More
Direct Deposit Available
Features & Benefits
We make it easy to invest in your health.
Prioritize your well-being and the well-being of those you care about with a Health Savings Account (HSA)—a smart way to save for qualified medical expenses while earning interest.
Health Savings Account
A Health Savings Account (HSA) is a smart and caring way to invest in both your well-being and the well-being of those you love. Set aside funds each month for qualified medical expenses and watch your savings grow with competitive interest on balances of $100 or more—making it easier to prioritize health and financial peace of mind.
Competitive, tiered interest rates paid on balances of $100 or more
Receive higher rates on larger balances
$100 minimum deposit to open
5 checks per month limit ($1 per check thereafter)
Avoid the $7 monthly service charge by maintaining a $200 minimum balance
Monthly statements
Free HSA Visa® Debit Card**
Free Digital banking
Free eStatements
Direct Deposit available
**Some restrictions may apply.
HSA Options
The smart choice for your health savings—with options to fit your needs.
Comparison Snapshot
A Savings Account Tailored to Your Needs
Compare our personal savings accounts side by side to find the best fit for your banking needs. See features, benefits, and fees at a glance to make your choice easy.
Account | Min Opening Deposit | Min Balance Requirement | Monthly Service Charge | Free Digital Banking & Bill Pay | Free eStatements | Access to MoneyPass Network |
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Do savings accounts earn interest?
Yes, savings accounts at D.L. Evans Bank do earn interest. When you open a savings account with us, your money grows over time through interest that is paid regularly and added to your account balance.
For more information about our current savings account interest rates, or to find the best savings option for your financial goals, please visit your local D.L. Evans Bank branch, or connect with one of our Digital Bankers through Video Banking. Our team is always happy to help you make the most of your savings.
What do I need to open a savings account?
To open a savings account, you’ll need a few key items:
A valid, government-issued photo ID (like a driver’s license or passport)
Your Social Security Number
Proof of address (such as a utility bill or lease agreement)
The required initial deposit (amount varies by account)
For any account-specific requirements or further assistance, please visit a branch or speak with one of our Digital Bankers.
What is the advantage of having a savings account?
A savings account offers several important advantages for managing your finances. First, it provides a safe and secure place to set aside money for future needs, emergencies, or specific goals—such as a vacation, a new car, or education expenses. At D.L. Evans Bank, your savings are federally insured up to the allowable limits, giving you peace of mind.
Additionally, savings accounts earn interest, helping your money grow over time without any risk to your principal balance. Having a separate savings account also makes it easier to track your progress toward your financial goals and avoid the temptation to spend funds that are meant to be saved.
With many different types of savings accounts we have one to fit your financial goals.
How do HSA savings accounts work?
One of the main advantages of an HSA is its potential tax benefits. Contributions to an HSA are tax-free, withdrawals for qualified medical expenses are also tax-free, and contributions can be made by you or your employer. This makes HSAs a smart way to manage healthcare costs both now and in the future since the funds never expire.
Managing your HSA is easy for customers. You’ll receive a convenient Visa® Debit Card to pay for qualified medical expenses, and you can track your account anytime through D.L. Evans Bank’s secure online and mobile banking platforms. This gives you easy access and control over your healthcare savings wherever you are.
What is a health savings account?
A Health Savings Account (HSA) is a special type of savings account designed to help you save and pay for qualified medical expenses, such as doctor visits, prescriptions, and certain healthcare services. HSAs are available to individuals who are enrolled in a high-deductible health plan (HDHP).
How to open a savings account?
You can open a new savings account in person at any D.L. Evans Bank branch.
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