HSA

Welcome to your United Bank - Health Savings Account!


This page will help you to utilize your Health Savings Account efficiently. If you have any questions regarding your account please contact John Knoppers at 616.559.4556 or Eric Soya at 616.559.4534.


Account Features

  • Expanded availability (including free debit cards, ATM, online transfers or check writing)
  • Flexibility in spending
  • Year-to-year savings
  • Tax-free benefits
  • No-fee set up
  • No monthly fee (with $200 min balance)
  • HSA Investment Account available*


Account Opening

United Bank gives you options to make opening your account as easy as possible. Simply follow the instructions below to open your account online. If you do not wish to open your account online simply open the printable application, complete the form and submit to United Bank.


Instructions | Open Account Online

 

How To Access Your HSA Funds


Online Banking

Access real-time account information 24/7 from the convenience of your personal computer. Online Banking is easy to use and more secure than ever. Look up account balances, see what transactions have posted, transfer funds between accounts, even pay your bills.


Online Bill Pay

Pay most of your bills without buying stamps, licking envelopes or worrying about checks getting held up in the mail. Unlimited online payments are yours for free.


Mobile Deposit

Deposit your checks whenever it's most convenient for you, wherever you are. It's completely secure and making a deposit is as easy as taking a picture.


External Transfers

Our External transfer service lets you move funds quickly and easily between your accounts at United Bank and those at other financial institutions. It's safe and secure!


Tax Information

United Bank's HSA account holders will receive two tax forms concerning their HSA. The first form is the 1099-SA. This form is sent out by January 31st and discloses distributions for the previous calendar year. The 5498-SA is sent out by May 31 of each year. This form discloses Fair Market Value, and contributions made for credit to the previous year. Remember that contributions can be made until the tax deadline day for the previous year. Thus, this form is sent out between April 15 and May 31.


In addition, in January, you will receive a year end statement. This can be used to calculate your contribution amount for the year to that point. This statement is also available online.


Contact Us


2017 Limits

Single

  • Minimum Deductible: $1,300 
  • Maximum Out-Of-Pocket: $6,550 
  • Contribution Limit: $3,400 
  • 55+ Catch-up contribution: $1,000 


Family

  • Minimum Deductible: $2,600 
  • Maximum Out-Of-Pocket: $13,100 
  • Contribution Limit: $6,750 
  • 55+ Catch-up contribution: $1,000 


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*HSA INVESTMENT PRODUCT IS: NOT INSURED BY THE FDIC • NOT A DEPOSIT • NOT GUARANTEED BY THE BANK • MAY LOSE VALUE