FDIC-Insured – Backed by the full faith and credit of the U.S. Government
Your employees can better prepare for out-of-pocket medical expenses when your competitive benefits package includes a Health Savings Account (HSA).
It is a type of personal savings account you can offer to employees covered under high deductible health plans. With an HSA, your employees can make contributions to their account tax-free, and withdraw tax-free for qualified medical expenses. Help your employees prepare for the unexpected by offering a health savings account to make paying for medical expenses less costly.
We know that managing employee healthcare can be complicated. The State Bank is here to take care of the entire process. We even offer onsite enrollment, so enrollment for health savings accounts can happen right in your office.
Minimum opening deposit: $25
Minimum daily balance: $1,000
Maintenance fee: $2 per month*
*If balance is below $1000 minimum – waived 1st year **Service charge of $3 per month
We can provide current contribution limits and answer all of your questions – watch our video tutorial or contact your local office.
Small, medium, or large – The State Bank has you covered! No matter what your needs are to help you manage your day-to-day business transactions, you can find them right here.
Brief description of the benefits of the product and how it can help the customer…The State Bank is proud to be a Preferred Small Business Administration (SBA) lender. Our small business experts can provide customized lending solutions to fit your business needs.
*Based upon number of approved loans for the SBA fiscal years ending September 30, 2020, 2021, 2022 & 2023. Subject to credit approval.
© 2021 The State Bank, Fenton, Michigan. All Rights Reserved
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Attention Business Online Banking Customers
Holiday cut-off times for ACH and Wire Transfer processing:
Christmas Eve 12/24/24: All Wire Transfers mut be submitted by 10:00am for same day processing. All ACH files must be submitted by 11:00 am for settlement on 12/26/24.
New Year’s Eve 12/31/24: All ACH files must be submitted b 4:00pm for settlement on 1/2/25.
