Best Health Quotes

While you are here checking out the HSA Banks, take a minute to run our HSA Quote Engine. We represent the highest rated carriers such as Blue Cross/Blue Shield, Humana, Aetna, Assurant Health and United Healthcare. Start saving some money in 2010!

**My name is Adam Fingerhut and I work in the HSA department for First American Bank. I am always available to walk you through the enrollment process and answer any questions that you may have about the account. First American Bank does not charge set up fees and monthly fees are waived with online statements for our regular HSA.

First American Bank has been offering HSA's since 2004 and we have over 14,500 accounts nationwide. We also have 119 individuals in our branch network that are trained to answer HSA related questions that can be contacted at our HSA Help Line at (866) 449-1150. This includes branch managers, assist managers, and personal bankers from our 49 branches in the Chicagoland area.

Thank you,

Adam Fingerhut
Health Savings Account Manager

First American Bank
1650 Louis Avenue
Elk Grove Village, IL 60007

(847) 586-2266 Phone & Fax
(866) 449-1150 HSA Customer Service
(224) 406-0497 Cell Phone

Established HSA Bank Administrators
To help you get started in choosing a Health Savings Account Administrator (HSA Bank), we have identified some of the more established vendors which we listed alphabetically below.  After more than five years of referring our clients to banks offering HSA accounts, we have found that the First American Bank with their extensive list of locations is one of your very best HSA Bank choices. The First American Bank offers HSA accounts with no set-up fees or monthly charges and we have found that all of our clients that chose First American were exceptionally happy with their customer service and professionalism.

Another great choice is the HSA Bank in Sheboygan, Wisconsin. The HSA Bank is one of the premier  financial institutions offering HSA accounts. Check out their website and their simple online application below also offering accounts with no monthly fees.

**Please be advised that you do not have to choose a bank for your HSA Health Savings Account close to your home. Online banking is very common and easy these days and you can make all of your day to day transactions from the comfort of your own home. The bank you choose will be happy to help you learn how simple online banking can be.

HSA Bank of Sheboygan Wisconsin          HSA Bank of Sheboygan Wisconsin Online Application

Forty Nine First American Locations        First American Bank Online Application

Here are some other banking entities that offer Health Savings Accounts: 

• American Chartered Bank 
• American Health Value 
• Bancorp Bank 
• Entrust
• First American Bank 
• First HSA 
• Health Savings Administrators 
• HSA Bank 
• HSA Trustee Services 
• JP Morgan Chase Bank 
• Mellon Financial 
• MSAver 
• Oak Brook Bank 
• Prime Health 
• Sterling HSA 
• TruSource 

It's only a matter of time before most of the USA's larger banks and investment firms create HSA accounts as an option to their customers and  become the potential administator for your HSA funds.  All across the United States, a very large sums of money are being accumulated in HSAs accounts. Contact BestHealthQuotes.com for any further information you may need.

There are many financial institutions that provide Health Savings Account (HSA)  services.  These organizations can range from small, medium and large corporations  representing many popular financial and banking trade names.

At this point in time, not all banks and financial institutions offer HSA account services.

To increase their marketing share of HSA health insurance products, most insurance companies today have teamed up with commonly know banks that provide HSA administration services.

The partnerships between the health insurance companies and their chosen HSA bank partner usually does not offer much additional value to the consumer, who is totally free to choose from any of the many Health Savings Account administrators in the United States. Always remember that you can choose whoever you would like to fund your HSA dollars.

HSA administrators offer many investment options such as  fixed interest rates, mutual funds, brokerage services, etc. and administrative services such as debit cards, checks, online account access and internet transactions.  Your investment options can increase with the size of your HSA account balance. Your interest rate can also increase as your account balance grows.

Most HSA administrators charge service fees for their banking services.  There are new  account set-up fees, monthly maintenance fees and some banks charge transaction fees for each transaction you make.  These charges can greatly differ from bank to bank.  It pays to shop around and compare.

** The 2010 annual contribution limits are $3,050 for self-only and $6,150 for family coverage.  A catch-up contribution is available for taxpayers 55 and older of $1,000.