Health Savings (HSA)
Set aside money for healthcare with one of the most tax-advantaged accounts available.
Why open an HSA? A Health Savings Account offers a rare triple tax advantage: contributions may be tax-deductible, your balance can grow tax-free, and qualified medical withdrawals are tax-free.* NCACU HSAs earn dividends, roll over every year, and pair with an HSA checking account for easy spending.
What you get
- Triple tax advantage on qualified medical costs*
- Funds roll over year after year
- Earns dividends while you save
- Pairs with an HSA debit card for spending
- Federally insured by NCUA
Frequently Asked Questions
You generally need coverage under a qualifying high-deductible health plan and cannot be enrolled in Medicare or claimed as a dependent. Confirm with your tax advisor.
Qualified medical expenses such as deductibles, copays, prescriptions, dental, and vision. The IRS publishes the full list.
Ready to become a member?
Opening an account online takes about ten minutes. Membership is open to anyone who lives, works, worships, or attends school in our Michigan communities.