A FVCbank Health Savings Account (HSA) is a tax-advantaged account designed to help account holders pay for qualified medical expenses now and in the future. Used in conjunction with a High Deductible Health Plan (HDHP), the account offers several financial advantages.

Benefits to Individuals:

Individuals gain flexibility in managing their health and their money through:

  • Tax-deductible contributions
  • Tax-free earnings on the HSA
  • Tax-free withdrawals from the HSA for qualified medical expenses
  • Accumulation of HSA funds and earnings that roll over year to year

Benefits to Employers:

Employers can save on health insurance by adopting a High Deductible Health Plan combined with an HSA.

The bottom line result:

  • Lower premiums for the employee health care plan
  • A reduction in payroll taxes — all contributions to the HSA are pre-tax, thus lowering the gross payroll

This is a tax-advantage account designed for paying qualified out-of-pocket medical expenses in conjunction with a high-deductible health care plan.*


  • Interest compounded daily and credited monthly
  • Funds in the account can be rolled over year after year
  • Tax-free earnings*
  • Tax-deductible contributions*
  • Tax-free withdrawals*
  • e-Statement
  • Free FVCbank HSA debit card
  • Interest earned on all balances
  • Low $50 minimum to open a Health Savings Account

* When used within IRS regulations regarding Health Savings Accounts. FVCbank is not a tax or legal advisor. It is suggested that you consult your personal tax or legal advisor before making tax or legal-related investment decisions.

Please contact us at (703) 436-3800 for more information on the Health Savings Plan.