Health Savings Account For Physicians

One Rewarding HSA Account

Health Savings Account

Physician Bank’s Health Savings Account (HSA) is an interest-bearing account designed to help eligible individuals save for current and future qualified medical expenses. It is used in conjunction with a High Deductible Health Plan from your insurance provider.


Health Savings Account

  • $50 minimum deposit to open account, waived if regular ACH deposits established at account opening
  • Earn interest on the full balance of your HSA with tiered interest
  • $30 setup fee ($20 setup fee if done online); to be paid at the time HSA is established, may be deferred for up to 30 days

Additional Features and Requirements

  • Variable interest rate may change daily; Interest calculation is based on daily (collected) available balances and is compounded monthly
  • Free eStatements or $4 per month if paper statements are mailed
  • One free debit card (additional cards $10 each); no checks with account
  • Overdrafts & NSF: $33 per item*
  • $30 fee if account is closed within 6 months of opening
  • Transfer money electronically to or from your account…anytime, online**
  • External Transfer: $30
  • IRS corrections: $10
  • Excess contributions: $20
  • Make tax-free distributions from your HSA for qualified medical expenses using:
    • Debit card at merchants and service providers
    • ePay online bill pay
    • In bank withdrawal—$10.00 each
*Overdrawing your HSA will cause the plan to be disqualified by the IRS.
** Please consult your tax preparer for eligibility and contribution limits.

Juanita Schmunk

Physician Private Banker

Juanita Schmunk - Physician Private Banker

Dedicated Support

Custom Solutions


Exclusive Bank Account Privileges

Financial tools and services for physicians in all 50 U.S. states. Contact us today to learn more.

Accessibility Toolbar

Select an appointment type below.

To begin your Personal Loan application, please enter your contact information below. You will then be directed to the BHG website to continue your application. We look forward to serving you soon.


You are leaving the Physician Bank web site and going to an external website. This link is being provided to you as a courtesy of Physician Bank, a division of Heritage Bank NA. Physician Bank is not endorsing or guaranteeing the products, information, or recommendations by linked sites. It is important that you understand our Privacy Policy does not apply to any third-party sites; therefore, we encourage you to read the security/privacy information for each site you visit. Would you like to continue?

5-month cd special