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Find a HSA Provider in your State

Our Website

Our website is designed to educate consumers and employers about Health Savings Accounts and Consumer Driven Health Plans. A great place to start learning about HSAs is at our HSA Learning Center. It contains everything you need to know about Health Savings Account health plans.

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Did You Know......


Great Lakes HSA has been advising companies from the first day HSAs were available. Few companies can make that claim.

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Products - Health Savings Accounts
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Great Lakes HSA now offers three health savings account options:


1. A traditional checking account w tiered interest rates,
2. HSA CD (See rates below), or
3. HSA Investment Account - which enables you to invest in a variety of nationally recognized mutual funds with differing investment objectives.


Click Here
for a list of the mutual funds currently offered with the Investment Account.

Click Here to download our HSA Application

FEATURES AND FEES

FEATURES

Checking Account

Investment Account

Setup Fees
None

None

Annual Fee
$25
None
Monthly Fee
None
$2.00*
Closing Fee
None
None
Min Balance Requirement
None
None
Debit Card
FREE
FREE
Checks (Traditional)
Yes**
Yes
Online Banking
FREE
FREE
Paper Statements
$1.50 (month)
FREE
Electronic Statements
FREE
FREE
Interest Paid
YES
NA
Investment Options
NO
YES
Min Investment Amt
NA
$1000
FDIC Insured
YES
NO
*  $2.00 monthly fee applies, this fee increases to $3.50 for any month in which the average
daily available balance in the HSA Checking Account falls below $1,000.00.
** $18.50 fee for one box (100) of personal checks, payable at the time of application. 
Investment Options are not FDIC insured, may lose value,
and are not guaranteed.
 

HSA - INTEREST RATES

Minimum Balance
Required to Obtain
APY

Annual Percentage Yield (APY)

$0.01 - $999.99

0.20%

$1,000.00 - $4,999.99
0.25%
$5,000.01 - $9,999.99
0.35%
Over $10,000.00 
0.85%

 

Effective: 08/25/ 2010

(Interest rates can change daily, please contact us for the latest rates)

 

Certificate Rates

Type/Term

Annual Percentage Yield (APY)

3 Month 

0.36% 

6 Month 

0.51% 

9 Month 

0.56% 

12 Month 

0.96%

24 Month 

1.22%

 

* $1,000.00 minimum required to open non-IRA certificate and receive APY quoted
* Rates quoted are based on compounding frequency
* APY cited assumes principal and interest remain on deposit for full term; withdrawals will reduce earnings
* Penalty may be imposed for early certificate of deposit withdrawal
* If the CD has a maturity of greater than one (1) year, interest must be paid at least annually
Member FDIC

 

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