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Welcome to Ultima Bank

Welcome to the new online home for Ultima Bank. When you choose to bank with us, you're getting personal and business accounts built with your needs in mind. Visit your local branch today to get started.
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Health Savings Account

Health Savings Account (HSA)

Ultima Bank is proud to offer businesses Health Savings Account (HSA) options to help their employees and their families manage their qualified medical expenses. For employees enrolled in High Deductible plans, an HSA provides them with tax advantages like deductible contributions and tax-free withdrawals on eligible expenses – all aimed at making healthcare more affordable.

Our HSA accounts earn competitive interest that is calculated daily and compounded monthly to help your employees’ savings grow over time. No minimum balance is required to open an account, and interest will begin to accrue on day of deposit. Interest Rates and Annual Percentage Rates (APY) are variable and may change without notice. Please note that fees could reduce earnings.
Request HSA Application Packet  Current Rates

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HSA Account Features

  • Free eStatements with images
  • Contribution limits determined by the Department of Treasury
  • No withdrawal limits
  • No minimum balance to open
  • $25 annual maintenance fee
  • Immediate access to your funds
  • No monthly fee on debit card withdrawals*

*Transactions subject to ISA fee of 0.09% of the transaction on international use

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