Health Savings Accounts

Help for when you need it the most

Rushville State Bank offers a Health Savings checking account product that is compatible with most high-deductible health insurance plans.

The account is a tax-exempt account set up to pay or reimburse certain medical expenses, based on eligibility of Internal Revenue Service regulations.

Please contact your tax advisor for additional details concerning contribution and withdrawal tax consequences.

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Account Information

  • Accounts may be opened with a minimum of $100 deposit.
  • The Health Savings Checking is an interest-bearing checking account with a tiered interest rate structure. You must maintain a minimum daily balance of $500.00 to obtain the disclosed annual percentage yield. Interest is compounded and credited to the account on a monthly basis.
  • Full account disclosures are available upon request by contacting us at 217-322-3323 or in person at Rushville State Bank, 100 E. Lafayette St., Rushville, IL 62681.

See more information on Health Savings Accounts from the Internal Revenue Service at www.irs.gov.

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