Commercial Deposit Accounts
|No Monthly Fee|
|Free ATM/Debit Card|
|Free Monthly Statement|
Commercial Savings Products See Our Business Savings Rates
Add any or all of the following products FREE
|Savings Account||Money Market Account|
|No Monthly Fee
|Free Debit Card
Health Savings Account (HSA) See Our Health Savings Rates
A Health Savings Account (HSA) combines high deductible health insurance with a tax-favored savings account. Different from other benefit products, HSA’s roll over from year to year. There is no “use it or lose it”. Interest is paid, and it is owned by you, not your employer. Your HSA contributions can be used to pay for a wide range of eligible medical expenses not typically covered by low deductible health insurance or other healthcare accounts. Please see our schedule of Bank Fees & Service Charges.
- Standard medical services such as office visits and annual medical physicals
- Prescriptions, health care products and some over-the-counter medicines
- Preventive and restorative dental care, as well as orthodontia for children and adults
When you open an account, you’ll receive a FREE Watertown Savings Bank HSA Visa debit card that makes it easy for you to pay for qualified medical expenses. You have online access to account transactions, so keeping tabs on your medical spending is easy. Plus, the contributions you make to your account are tax-deductible while your earnings and qualified withdrawals are tax-free.
For more information about our Health Savings Account, contact or stop by any of our office locations and we would be happy to help you.
|Health Savings Account
|Free Debit / ATM Card|
|Monthly Service Charges|
|Set Up Fees / Service Charges|