HSAs help you manage healthcare costs today and beyond
If you have a High Deductible Health Plan, a Mount Vernon Bank & Trust Company Health Savings Account is a way to help you manage costs. You can use HSA funds to pay healthcare bills as they come, or save for needs down the road. HSA funds never expire, so you can build up the balance.
Mount Vernon Bank & Trust HSA rates
| Balance to receive APY* | |
|---|---|
| 2.50% APY | $25,000.00 OR MORE |
| 2.00% APY | $10,000.00 TO $24,999.99 |
| 1.00% APY | $0.01 TO $9,999.99 |
Account requirements
Minimum to open: $2,500
Fees: $25.00 setup fee; $5.00 monthly fee when balance falls below $2,500.00; $25.00 annual fee; $25.00 termination fee. FREE e-statements ($3.00 monthly fee, plus tax, for paper statements)
*The Annual Percentage Yield is a percentage rate reflecting the total amount of interest paid on an account, based on the interest rate and the frequency of compounding for a 365-day period. Interest Rates and Annual Percentage Yields may change daily at the bank's discretion. Fees could reduce earnings on the account. Please call 319-895-8835 for current rates. Please ask any employee to obtain full account disclosures. APY effective 10/01/2025.
HSA Contribution Limits
| 2025 | 2026 | |
|---|---|---|
| INDIVIDUAL | $4,300 | $4,400 |
| FAMILY | $8,550 | $8,750 |
| CATCH-UP (55 OR OLDER) | $1,000 | $1,000 |
