Skip to Content

Thomaston Savings Bank App Icon

Thomaston Savings Bank App

Available on the Google Play Store

GET

Helping You Focus on Your Health

With a Thomaston Savings Bank HSA, you can save for your healthcare needs and get peace of mind knowing that your money is growing tax-deferred and can be withdrawn tax-free for qualified medical expenses. With free checks, an HSA Visa® Debit Card, and complimentary Online Banking and Bill Pay services, managing your healthcare expenses is effortless. Plus, our HSA offers tiered rates, so the more you save, the more you earn. Your health, your finances, all in balance. 

frequently asked questions

 

mother holding child on lap while doctor applies a bandaid

Health Savings Account Highlights

Save for qualified medical expenses: You can use your HSA to pay for qualified medical expenses, such as deductibles, copays, coinsurance, and prescription drugs.

Tax-advantaged savings: Your HSA contributions and earnings are tax-free, so you can withdraw your money tax-free to pay for qualified medical expenses.

No monthly service or transaction fees: There are no monthly service or transaction fees associated with your HSA.

Helpful management tools: You'll receive free checks, an HSA Visa® Debit Card, and free Online Banking and Bill Pay services to help you manage your HSA.

Tiered rate product: Our HSA is a tiered rate product, so you can earn more interest when you save more.

Current Health Savings Account (HSA) Rates

Annual Percentage Yield Effective Date: 12/13/2023

  • $0.00 Minimum Balance to Open
Balance Tiers
Minimum Daily Balance to Earn APY
Interest Rate
APY
$0 – $49,999.99
$0.00
0.05%
0.05%
$5,000.00 - $49,999.99
$5,000.00
0.10%
0.10%
$50,000.00+
$50,000.00
0.15%
0.15%

Deposit rates are subject to change without notice. Withdrawals and fees may reduce earnings. Interest is compounded daily and will be credited to the account every month. The interest rate and annual percentage yield (APY) on variable rate accounts may change after the account is opened. 

How to Make the Most of Your Health Savings Account

Learn about the many attractive features of the Health Savings Account and how they might benefit you. 

Take the Course

ifi University logo

Take the Next Step

Online

Open your Health Savings Account online today.

Open an Account

In Branch

Come into any location to talk to a Client Service Associate.

Find Locations

Get in Touch

Questions about our Health Savings Account (HSA)? Fill out the form below to connect with us.

Please do not enter any confidential or personally identifiable information on this form.

16 Convenient Locations Throughout Connecticut: