Routing Number 325181248
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A health savings account (HSA) can help you stay on top of health care costs while growing your savings.
* APY = Annual Percentage Yield. Rates, terms, and fees are subject to change. APY is accurate as of or the last dividend declaration date.
Dividends on Health Savings Accounts are calculated using the daily balance method. Dividends will be credited to the member’s account every month. If you close your account before dividends are paid, you will not receive the accrued dividends. The minimum balance requirement to open an account is $100.00. No transaction limitations apply. Fees could reduce earnings on the accounts.
You can use your HSA to write checks, use your HSA debit card, or make a cash withdrawal to cover qualified medical expenses. You can also view and complete transactions on your HSA in Gesa’s Online or Mobile Banking, including contribution/distribution transfers and bill pay transactions.
†HSAs have some unique complexities – please consult with your accountant and/or tax advisor before setting up your HSA. GESA does not provide tax advice.
On account balances $0-$24,999.99
On account balances $25,000 and over
A Health Savings Account pays for a variety of health expenses for not only you, but also your spouse and your dependents.
Health Savings Accounts also pay or reimburse you for qualified medical expenses from health insurance deductibles, co-payments, some over-the-counter medications, and out-of-pocket expenses.
You can use your funds for non-medical expenses as well, however the funds will be subject to income tax and a 20% IRS penalty (does not apply after age 65)
A Health Savings Account pays for a variety of health expenses for not only you, but also your spouse and your dependents.
Health Savings Accounts also pay or reimburse you for qualified medical expenses from health insurance deductibles, co-payments, some over-the-counter medications, and out-of-pocket expenses.
You can use your funds for non-medical expenses as well, however the funds will be subject to income tax and a 20% IRS penalty (does not apply after age 65)
An HSA account is a tax-advantaged* savings account that you can use to pay for a wide variety of health expenses. It’s a great way to save for both day-to-day and future medical costs.
*Please consult with your tax advisor.
A health savings account can help you stay on top of health care costs while providing you tax-free savings.*
Pay lower premiums with a higher deductible health plan
*Please consult with your tax advisor.
Individuals/Families covered by a High Deductible Health Plan (HDHP), are not currently enrolled in Medicare, and are not eligible to be claimed as a dependent.
HSA funds must be used for a qualified medical expense. Some of those expenses include:
For a complete listing and explanation of qualified medical expenses, visit www.irs.gov and search for Publication 502.
Yes, but the funds will be subject to income tax and a 20% IRS penalty (penalty does not apply after age 65).
You can make contributions to your HSA through direct deposit, mobile deposit, ATM deposit, payroll deductions, at any Gesa Branch, or by calling 888.946.4372.
The IRS says “any eligible individual can contribute to an HSA. For an employee’s HSA, the employee, the employee’s employer, or both may contribute to the employee’s HSA in the same year. For an HSA established by a self-employed (or unemployed) individual, the individual can contribute. Family members or any other person may also make contributions on behalf of the eligible individual.”
Please keep in mind:
The funds in your HSA are linked to your HSA checking account. When you write checks or use your HSA debit card, funds will be automatically withdrawn from the account. Your HSA will be available for viewing and transactions through Gesa’s Online or Mobile Banking, including contribution/distribution transfers and bill pay transactions. You can also access funds from your HSA by visiting any Gesa Branch or calling 888.946.4372. Your HSA balance and transaction history will be provided to you on your regular combined statement.
Please work with your tax advisor on any tax-related questions in regards to this account, including contributions and withdrawals.
The IRS document “Publication 969, Health Savings Accounts and other Tax-Favored Health Plans” (www.irs.gov) is a complete overview of HSAs.
Your employer will be able to answer some of your questions regarding your specific coverage and eligibility.
Still have questions?
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Up to 5.00% APY
On select checking accounts!
Routing Number 325181248
Applying should only take a few minutes. Please have these documents ready:
Use your online banking log-in to pre-fill your application with saved information.
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| SmartPlus Checking | [APY] Minimum opening balance of $25 required if the account is opened online. In order to earn APY and receive unlimited domestic ATM fee refunds, you must meet the following requirements during each monthly qualifying period: provide and maintain valid email address, apply for and use your Visa debit card to make 15 debit card transactions that post and settle to your account, have at least one direct deposit of $200 or more post to your account, and enroll to receive eStatements. If the requirements are not met during the monthly qualifying period, the “non-qualifying” 0.01% APY will apply to the entire balance. Dividends on a SmartPlus Checking account will be compounded and credited to a member’s account each month. Dividends are calculated using the daily balance method. Qualifying account balances must meet minimum requirements. Rate may change after the account is opened. The qualifying period begins with the first day of the calendar month and ends on the last day of the calendar month at 6:00 P.M. Pacific Time. ATM fees of $4.99 or less will be reimbursed up to a maximum of $4.99 per individual transaction. No monthly fees and no minimum balance required to open or maintain account unless opened online. Fees could reduce earnings on the account. Limit of one SmartPlus Checking account per member. APY is accurate as of , the last dividend declaration date. | A7KD4W9LQXZT |
| Smart Checking | *There is a minimum opening balance requirement of $25.00 if the account is opened online. Regular users of Gesa’s electronic services may want to consider SmartPlus Checking for additional benefits. [Courtesy Pay] | M3VY82CNRLKP |
| Student Checking | [APY] Dividends on Student Checking Accounts are calculated using the daily balance method and will be credited to the member’s account every month. Rate may change after the account is opened. If you close your account before dividends are paid, you will not receive the accrued dividends. The minimum balance to open an account is $5.00, the par value of a share. Courtesy Pay is not offered on Student Checking Accounts. Only electronic transactions such as debit card or ACH transactions are permitted. Fees could reduce earnings on the accounts. | JXZ7V5MWLQ92 |
| Smartplus Savings | [APY] In order to earn a high dividend rate, you must meet the following requirements during the qualifying monthly period: a) provide and maintain a valid email address; and b) be enrolled to receive e-statements. If the requirements are not met during the monthly qualifying period, the “non-qualifying” 0.01% APY would apply to the entire balance. Dividends on an SmartPlus Savings Account will be compounded and credited to a member’s account each month. Dividends are calculated using the daily balance method. Qualifying account balances must meet minimum requirements. Rate may change after the account is opened. The qualifying period begins with the first day of the calendar month and ends on the last day of the calendar month at 6:00 P.M. Pacific Time. No monthly fees and no minimum balance required to maintain account. Minimum opening deposit of $5. Fees could reduce earnings. Limited to one SmartPlus Savings account per member. | P9T6QF2XJBLC |
| Smart Savings | [APY] Dividends on Smart Savings are calculated using the daily balance method and are paid monthly. Rate may change after the account is opened. No monthly fees and no minimum balance required to maintain account. Minimum opening deposit of $5. Fees could reduce earnings on the account. | Y4MKZ3WVTPQ8 |
| High-Yield Savings | [APY] Dividends on the High Yield Savings account are calculated using the daily balance method and are paid monthly. No monthly fees and no minimum balance required to maintain account. Minimum opening deposit of $5. Fees could reduce earnings. | NDLXQ98R5VTE |
| Money Market | [APY] Dividends for the Money Market Account are calculated using the daily balance method which applies a daily periodic rate to the balance in the account each day. You must maintain a minimum daily balance of $2,500.00 in your account each day to obtain the disclosed annual percentage yield. The minimum balance required to open this account is $2,500.00. There is a minimum average daily balance of $2,500.00 required to avoid a service fee for the calendar month. If the minimum average daily balance requirement is not met, you will be charged a service fee as stated in the Consumer Fee Schedule. New rates are set on the first of each month; rate may change after the account is opened. Fees could reduce earnings on the account. | GQ37ZVKY1WLM |
| Fixed Certificate | [APY] A penalty may be imposed for early withdrawal. Fees may reduce earnings. The minimum balance to open the certificate is stated in the chart. Early withdrawal penalties apply (a penalty may be imposed for withdrawals before maturity): If your account has an original maturity (term) of less than 12-months: The penalty will equal 90 days interest on the amount withdrawn subject to penalty. If your account has an original maturity (term) of 12-months or more – up to, but less than 36-months: The penalty will equal 180 days interest on the amount withdrawn subject to penalty. If your account has an original maturity of 36-months or more – up to, but less than 48-months: The penalty will equal 365 days interest on the amount withdrawn subject to penalty. If your account has an original maturity of 48-months or greater: The penalty will equal 540 days interest on the amount withdrawn subject to penalty. In certain circumstances such as the death or incompetence of an owner of this account, the law permits, or in some cases requires, the waiver of the early withdrawal penalty. For any account which earns an interest rate that may vary during the term such as a bump certificate, the interest rate we will use to calculate this early withdrawal penalty will be the interest rate in effect at the time of the withdrawal. You may make withdrawals of principal from your account before maturity. In making such withdrawals, your balance may not fall below the minimum or we will close your account. Principal withdrawn before maturity is included in the amount subject to early withdrawal penalty. You can withdraw interest only on the crediting dates without penalty. A $500 minimum deposit is required for consumer, IRA, and business certificates. Early withdrawal penalties may apply and may reduce earnings. Certificate rate is for a limited time only and could end at any time. Stated rate as of the first day of the month. | H85PLKJXZ2QM |
| Bump Certificate | [APY] A penalty may be imposed for early withdrawal. Fees may reduce earnings. The minimum balance to open the certificate is stated in the chart. The Certificate owner must contact Gesa Credit Union to request the one-time rate increase on Bump Certificate accounts. The rate on the Bump Certificate will be changed on the following business day of the date Gesa Credit Union receives the request. The bump option can only be exercised once during the term of the Certificate and does not increase the term of the certificate. The new interest will not be applied retroactively. The new interest rate will be the interest rate we are then offering on regular certificates (non- bump rate certificates) that have the same term and minimum balance. Bump Certificates are only available for consumer and IRA Certificates. Early withdrawal penalties will apply. Minimum deposit balance must be maintained to earn APY and fees may reduce earnings on the account. Special offer for a limited time only. | RXNQ72MLYV9C |