Health Savings Account (HSA)

Truth-in-Savings Disclosure


Minimum balance to open the account – A minimum $100.00 deposit is required to open this account. There is
no limit to the number of checks paid from your account during the statement cycle. There is a minimum balance requirement of those funds necessary to pay for any administration or custodial fees. Images of your checks will be included with your statement.

SERVICE FEES

MasterCard Check Card No Fee
Replacement for lost Check Card $3.00
Convenience Checks at Account Opening No Fee for 8 checks
Nonsufficient Funds (NSF) - each $21.00
Stop Payment - each $21.00
Wire Transfers
Incoming No Fee
Outgoing (Domestic) $15.00
Outgoing (Foreign) $15.00 plus correspondent bank charges
ATM cash withdrawal or transfer of funds $1.00 Fee for each transaction at ATMs we do not own or operate.

Rate Information – Your interest rate and annual percentage yield may change.
Frequency of rate changes – We may change the interest rate on your account at any time.
Determination of rate – At our discretion, we may change the interest rate on your account.
Compounding and crediting frequency – Interest will be compounded and credited to your account every month.
Effect of closing an account - If you close your account in person or by mail through a bank employee, you will receive the accrued interest. If you close the account in any other manner, you will not receive the accrued interest. Bringing your account to a zero balance will be considered closing the account.
Minimum balance to open the account – You must deposit $100.00 to open this account.
Minimum balance to avoid imposition of fees – None
Daily balance computation method – We use the daily balance method to calculate the interest on your account. This method applies a daily periodic rate to the principal in the account each day.
Accrual of interest on non-cash deposits – Interest begins to accrue no later than the business day we receive credit for the deposit of non-cash items (for example, checks).
Fees - An excess distribution fee of $1.00 will be charged for each debit transaction (withdrawal, automatic transfer or payment out of this account) in excess of six during a statement cycle.

Your HEALTH SAVINGS ACCOUNT
Rate Information
Tier 1 If your daily balance is $0.00 to $1,999.99, the interest paid on the entire balance in your will be 0.25% with an annual percentage yield of 0.25%.
Tier 2 If you daily balance is $2,000.00 or greater, the interest paid on the entire balance in your account will be 0.55% with an annual percentage yield of 0.55%.

FIRST NATIONAL BANK
Bastrop County’s Bank...Since 1889
MEMBER FDIC

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