Health Savings Accounts

A Health Savings Account (HSA) is a tax-exempt account established exclusively for the purpose of paying or reimbursing qualified medical expenses incurred by you, your spouse, and your dependents. This account is unique in that money not used to pay expenses can provide savings for the future.  You must be an eligible individual to qualify for an HSA.  To be considered eligible you must meet the following requirements.

  • You have a high deductible health plan (HDHP).
  • You are not covered by another health plan (exceptions may apply).
  • You are not enrolled in Medicare.
  • You cannot be claimed as a dependent on someone else’s tax return.


HSAs provide numerous tax benefits:

  • HSA contributions are excluded from taxable income.
  • HSA earnings are tax-deferred.
  • If used for qualified medical expenses, HSA assets are never taxed.

Contributions to your HSA can be made by you, your employer, or both.  However, the total contributions are limited annually in accordance with Federal guidelines.

AmFirst Bank Health Savings Account

  • No minimum balance
  • No service charge or activity fee
  • Variable interest rate
  • Unlimited check writing
  • Images of cancelled checks returned to you
  • Visa Check Card available to qualified applicants (purchases only)
  • First order of duplicate checks at no cost
  • Low, one-time $25 account setup fee


Please call our office nearest you for more information:

McCook, NE 308-345-1555
Benkelman, NE 308-423-2171
Hayes Center, NE 308-286-3276