Envisioning future health needs can be a difficult and unwelcomed task. As you think about and prepare for you future, a Health Savings Account Certificate of Deposit is one way to earn a higher interest rate on HSA funds when you do not anticipate upcoming medical expenses or need immediate access to the funds.
- $1000 minimum to open
- 12 month minimum term
- 60 month maximum term
- You can choose to have your interest added to the balance of your CD, deposited to an NBT Bank checking or savings account, or mailed to you by check.
- Early withdrawal penalties may apply.
Features and Benefits
- CD renews automatically
- Summary of CD information can be included on a monthly portfolio paper statement or eStatement
- One additional deposit allowed annually