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Health Savings Account

Personal Accounts

Health Savings Account

Simplify your life

Move your HSA to Ideal Credit Union

If you have a qualifying high-deductible health plan, simplify your life by opening or moving your HSA to Ideal Credit Union. You’ll earn a competitive yield with no fees and no minimum distribution amount. Interest earned is also tax free.

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Tax advantages

  • Contributions are 100% tax-deductible
  • Funds grow on a tax-deferred basis and funds used for eligible medical expenses are tax-free
  • Funds rollover from year to year
  • Funds used after age 65 are tax-free for eligible medical expenses

Simple record keeping

Accountholders are responsible for keeping records and receipts for all medical expenses paid using their HSA account. To make this process as simple as possible, we provide several tools via Ideal Online Banking.

  • eStatements - view the past 7 years worth of statements
  • Images of your checks written
  • Records of your debit card transactions.

Health Savings Accounts

2020 - 21 Holiday Hours

Martin Luther King, Jr. Day

Monday, January 20th
All locations closed.


President's Day
Monday, February 17th
All locations closed.


Good Friday
Friday, April 10th
All locations open regular business hours
Lobby - 9:00 a.m. to 5:00 p.m.
Drive-thru - 9:00 a.m. to 5:30 p.m.


Memorial Day
Monday, May 25th
All locations closed.


Independence Day
Saturday, July 4th
All locations closed.


Labor Day
Monday, September 7th
All locations closed.


Columbus Day
Monday, October 12th
All locations closed.


Veterans Day
Wednesday, November 11th
All locations closed


Thanksgiving Day
Thursday, November 26th
All locations closed.


Day after Thanksgiving
All locations are open regular business hours
Lobby - 9:00 a.m. to 5:00 p.m.
Drive-thru - 9:00 a.m. to 5:30 p.m.


Christmas Eve
Thursday, December 24th
All locations open until 1:00 p.m.
Lobby - 9:00 a.m. to 1:00 p.m.
Drive-thru - 9:00 a.m. to 1:00 p.m.


Christmas Day
Friday, December 25th
All locations closed.


New Year's Eve
Thursday, December 31
All locations open regular business hours
Lobby - 9:00 a.m. to 5:00 p.m.
Drive-thru - 9:00 a.m. to 5:30 p.m.


New Years Day (2021)
Friday, January 1st
All locations closed

Credit Unions are considered essential services within Governor Tim Walz "Stay at Home" order.

Ideal Credit Union's drive-thru services will remain open. All branch lobbies are closed until further notice. Learn More