HSA Bank - company profile

HSA Bank is one of the nation’s leading Health Savings Administrators, serving more than 550,000 accountholders with over 2 billion dollars in Health Savings Account assets.

We entered the health savings market in 1997 by offering Medical Savings Accounts. With the passage of the Medicare Prescription Drug, Improvement & Modernization Act of 2003, we redefined our product offering to include Health Savings Accounts.

In March 2005, HSA Bank officially became a division of Webster Bank, N.A, and in 2008, achieved two major milestones: Becoming the first HSA administrator to exceed the half billion dollar mark in HSA deposits; and reaching 200,000 active accounts.

Today, we focus on the administration, service and support of our Health Savings products. Our philosophy is to do what we do best and partner with others who do the same to provide a best-of-breed solution for our employers and accountholders.