Health Savings Accounts

Health Savings Accounts are specifically designed for those with a Consumer Driven Health Plan, interested in saving for health care expenses. Contributions made to HSAs are tax deductible, earnings are tax-deferred, and may be tax-free if used to pay for qualified health care expenses.²

For Employers: The Indiana Members Credit Union HSA has no minimum balance or initial deposit and no monthly fee, offers a free IMCU Health Savings Debit Card and free Online Banking, too. Not to mention, IMCU currently has one of the best rates in town. In addition, IMCU representatives will come on site to answer questions employees may have and take care of opening their accounts, on the spot, saving time and resources. Alternatively, your employees can open their HSA at any IMCU branch. 

If you’d like to know more about making this affordable option available to your employees, call Gina Terril, AVP Business Development, at 317.554.8163 or ginat@imcu.com

Don't miss out on the benefits of an HSA! Watch our video guide on HSA enrollment below.

 Health Savings Account Rates

Balance $1.00-$2,499.99 0.75% APY xx% Dividend Rate
Balance $2,500-$9,999.99 1.00% APY xx% Dividend Rate
Balance $10,000.00+ 1.51% APY 1.50% Dividend Rate
1APY=Annual Percentage Yield. Dividend rate is variable and may change after account is opened. Rate is accurate as of 1.01.2025. Minimum balance required to earn dividends. Fees may reduce earnings. All terms above subject to change without notice. Membership savings account required. $10,000 minimum balance required for 1.51%APY. See tier rate structure for details. Dividend rate is variable and equal to 1.50%. Rate subject to change and effective as of 01.01.2025. Indiana Members is not licensed to provide tax advice. Funds may not be used to cover any overdrafts on an HSA checking account while invested in a certificate. Certain restrictions apply. Consult your tax advisor.
health savings account

Health Savings Account

Want to boost your future health savings?

Take advantage of higher dividends and short-term commitment with a Health Savings Certificate! IMCU offers a range of terms to meet a variety of needs. Access your account to view the balance online at any time. 







employers: health savings account for your employees

Health Savings for your Employees

  • No application or setup fees to open the account

  • No monthly or annual maintenance fees

  • Competitive rate of return

  • Free eStatements

  • Funds can be withdrawn at the branch, ATM, or by using your HSA debit card

  • Account activity can be reviewed online









All accounts require a membership savings account.
² IMCU is not licensed to provide tax advice. There is no “use it or lose it” provision, so you have the ability to carry over the funds not used throughout the year.
³ Dividends are compounded monthly and credited on the last day of every month.
4 Standard text messaging rates may apply