Saturday, February 23, 2013

Health Savings Account Deal of the Day: CoastHills Credit Union at 1.00% APY

CoastHills Federal Credit UnionThere are a number of ways to save for life?s various events. At?CoastHills Credit Union, they are making the challenge of paying for medical expenses a little easier by offering a?health?savings account?(HSA)?with an interest rate of 1.00% APY. Health savings accounts are a great way to cover your medical expenses by utilizing tax-deferred dollars. Numerous people have used these types of accounts to pay for many of their medical related costs.

Health Savings Account: Terms and Conditions

CoastHills Credit Union offers health saving accounts at 1.00% APY. No minimum deposit is required. In order to be eligible for this account, depositors must be covered by a high deductible health plan, have no other health coverage (with a few exceptions) and not be enrolled in Medicare, and not be claimed as a dependent on someone else?s tax return. Contributions to HSA?s made by April 15 may have tax advantages for the prior year. Penalty applies for early withdrawal.

CoastHills Credit Union?is based in the Vandenberg Air Force Base, and?currently serves over 65,000 members throughout the San Luis Obispo, CA area with 11 branches and assets equal to more than $630,000,000. As a not-for-profit financial cooperative, it is owned by the people who save and borrow there. Its goal is to serve its entire members well, including those of modest means.

CoastHills offers a wide range of financial services including checking accounts, savings accounts, youth accounts, account access, convenience services, auto loans, real estate loans, consumer loans, VISA? Cards and member rewards program. Members? savings are insured by NCUA by up to $250,000.

Other Terms and Conditions may apply. Additionally, interest rates are based on the institution?s online published rates and may have changed since this offer was posted. Please contact the financial institution for the most recent rate updates and to review the terms of the offer.

Source: http://www.gobankingrates.com/savings-account/coasthills-credit-union-1-00-apy/

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