ATTENTION: For Information on Irma assistance as well as temporary hours for Big Pine Key ~ Read More »

Health Savings Account


An HSA is an account specifically designed for those with high deductible health plans. Health Savings Accounts allow you to save funds while earning interest. You can access these funds with a debit card or by writing a check to pay current or future medical expenses. It’s a great way to plan for the future. The health plans typically provide lower premiums, and the HSA may provide tax benefits when contributions are made, as funds grow and when used to pay for qualified medical expenses. Contributions placed in an HSA are non-taxable by the IRS.

Take control. Start saving now. Centennial Bank gives you the tools and resources needed to manage your HSA. You'll receive superior customer service, competitive interest rates, flexible investment options, and more.

 Printable Brochure   Request HSA   Helpful HSA Information


Product Features

  • Individual ownership with allowable authorized signers, beneficiaries, trustee, and estate accounts available.
  • Interest credited monthly
  • Available to anyone with a qualified high-deductible health plan
  • Unlimited transactions and check writing with no per check charges
  • No monthly service charge
  • Contributions can be made by the individual, employer, or both
  • Distributions are tax-free if taken for “qualified medical expenses”
  • 1st ATM/Debit card free*, which can be used for “qualified medical expenses”
  • Descriptive monthly statements
  • Free E-statements optional
  • Free Internet (basic) Bill Pay
  • Free Internet Banking
  • Direct deposit available

Customer Benefits

  • Earn monthly interest on money
  • 24-hour banking convenience
  • Easy expense tracking
  • Less paper clutter
  • Protects against high or unexpected medical bills
  • Provides necessary information for tax purposes

Qualifications required, account has contribution limits and may hold tax ramifications. Consult a tax professional for HSA qualifications and tax benefits. *Debit card replacement fees may apply.

Top
Key icon

Bank Owned Real Estate

Browse Centennial Bank's Properties for Sale, or Real Estate Owned List, including but not limited to residential and commercial properties acquired by Centennial Bank, their Affiliates, or as Servicer, through foreclosure.

Search Listings
Sallie Mae logo

Smart Option
Student Loans®

The Centennial Bank Smart Option Student Loan® by Sallie Mae® is an ideal solution to help bridge that gap between federal loans and the cost of your education expenses.

View Student Loans

Community News