Skip to main content.
We Put Our Members First.

Health Savings Account

Open your new account online or at a branch. To talk with one of our membership experts, call us at (800) 237-7288 or email Account and Transaction Inquiries.

A Health Savings Account (HSA) offers an alternative way to manage and pay for medical expenses using specific HSA checks or your HSA Visa debit card. Qualified contributions are fully tax-deductible and qualified distributions are tax-free.

To participate in this savings plan you:

  • Need to be enrolled in a high deductible health plan
  • May not be enrolled in Medicare or Medicaid
  • May not be claimed as a dependent on someone else's federal income tax return
  • You may withdraw as much as you need, up to the amount available in your account

With this account:

  • Contributions can be made by employee, employer or both any time during the year
  • Balances roll over year to year
  • Dividends paid monthly
  • Contributions may be continued even if you change jobs
  • Convenient access to your funds by check, HSA debit card or by withdrawal form
  • Contributions limits are set by the IRS. For 2018, the limits are:
  • Single Coverage Annual Limit: $3,450.00
  • Single Coverage Monthly Limit: $287.50
  • Family Coverage Annual Limit: $6,900.00
  • Family Coverage Monthly Limit: $570.83
  • If age 55 years or older, Catch Up Contribution: $1,000.00

• HSA forms are not accepted electronically, original signature required when the form is returned at a branch.

• If mailing the HSA form directly to Members 1st, please have it notarized. Mailing Address: Members 1st Federal Credit Union, 5000 Louise Drive, PO Box 2110, Mechanicsburg PA 17055

• If you need assistance in completing the form please visit your local branch office or contact our Health Savings Account Specialist at (800) 283-2328 ext 6022.

Truth In Savings Disclosure >
Members 1st FCU is committed to providing a website that is accessible to the widest possible audience in accordance with ADA standards and guidelines. We are actively working to increase accessibility and usability of our website to everyone. If you are using a screen reader or other auxiliary aid and are having problems using this website, please contact us at (800) 237-7288. All products and services available on this website are available at all Members 1st branch locations.