Hampton Branch Temporarily Closed
Our branch in Hampton is temporarily closed due to smoke damage. For service, please contact us or visit another nearby Merchants Bank location in Cannon Falls, Hastings or Northfield. Thank you.
Business Health Savings Account (HSA)
Providing the best benefits to your employees is important and we’re here to help. If you offer a high deductible health plan, our HSAs are a flexible, convenient option for your employees to manage their healthcare expenses. Make the most of employee benefits with Health Savings Accounts.
Health Savings Account Benefits
- No monthly or annual maintenance fees
- Choose a checking or certificate of deposit option, whichever your employee prefers
- Easily set up a payroll direct deposit to automate pre-tax savings
- Earned interest is tax-deferred (consult your tax professional)
- Withdrawals are free as long as they are made for qualified medical expenses according to IRS guidelines
Count on us to be your HSA partner. Call to set up a presentation for you and your employees.
Recommended Resources
Wealth
As your dedicated financial partner, we offer Wealth Management resources to help you plan for the future. Put our expertise to work for you.
Treasury Management
Dedicated to your success, we provide your business with tools to manage your corporate cash efficiently and protect your financial accounts from fraud.
Diamond Money Market
The savings account that helps you earn more while you save more.