Health Savings Accounts

A simple solution for health expenses

A Health Savings Account (HSA) is a tax-advantaged account that can be established by eligible individuals covered under a high-deductible health plan.

This allows you and your family members to pay for various qualified medical expenses – from co-payments at your doctor's office to pharmacy bills, dental care, vision care and more. To view qualified medical expenses please view the Internal Revenue Service Publication 502.

Whether you're planning ahead to cover unexpected medical expenses or you're strategizing to offset your high annual deductible, Northrim has the right solution.

Pharmacist scanning a prescription

Our HSA checking gives you easy access to funds, competitive interest and low fees.

  • Minimum deposit to open the account is just $25
  • Access your funds with a HSA Debit Card or paper checks
  • Competitive interest that accrues daily and is paid monthly on balances of $100 or more. View Rates.
  • Three tiers of interest allow you to earn more interest as your balance grows. View Rates.
  • Free monthly statements with images of your checks
  • Free access to Northrim Online Banking to check balances, verify payment history and more
  • No monthly maintenance fee1

Contact Northrim Bank now to get started!

 

1 Standard non-sufficient funds or overdraft fees may apply. Refer to Personal Fee Schedule and Truth In Savings Disclosure for more details on service fees.

For specific account details, terms, and conditions, see the Your Deposit Account disclosure.