The State Bank of Richmond now offers Health Savings Accounts to eligible individuals that carry a high deductible health plan, or to an Employer for their employees. Some of the features include:
No set-up fee
No minimum balance
Annual fee of $20.00
Daily interest, paid monthly
50 free checks
Rate subject to change monthly
Tax deductible contributions
Distributions are non-taxable for qualified medical expenses
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bank is not responsible for and has no control over the
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