HOME
HSA INFORMATION
SERVICES
EMPLOYERS
SCHOOL DISTRICTS
INDIVIDUALS
PRODUCTS
HSA HEALTH PLANS
HEALTH SAVINGS ACCOUNT
HR CONSULTING
QUICK LINKS
REQUEST A HEALTH QUOTE
HSA LEARNING CENTER
ASK A QUESTION
GREAT LAKES NEWS
GREAT LAKES HSA
COMMUNITY

___________________________________

Our Company

Great Lakes HSA is not the largest HSA provider in the country, but we know more about the HSA rules and regulations then anyone. More importantly, we answer our own phones and are located in Cleveland, Ohio.

_______________________


Did You Know......


Great Lakes HSA has been advising companies from the first day HSAs were available. Few companies can make that claim.

_______________________


 

 

Products - Health Savings Accounts
__________________________________________________________________________________

Great Lakes HSA now offers three health savings account options:


1. A traditional checking account w tiered interest rates,
2. HSA CD (See rates below), or
3. HSA Investment Account - which enables you to invest in a variety of nationally recognized mutual funds with differing investment objectives.


Click Here
for a list of the mutual funds currently offered with the Investment Account.

Click here for a complete list of our Features and Fees that are listed below

Click Here to download our 2008 Application

FEATURES AND FEES

FEATURES

Checking Account

Investment Account

Setup Fees
None

None

Annual Fee
$25
None
Monthly Fee
None
$2.00*
Closing Fee
None
None
Min Balance Requirement
None
None
Debit Card
FREE
FREE
Checks (Traditional)
Yes**
Yes
Online Banking
FREE
FREE
Paper Statements
FREE
FREE
Electronic Statements
FREE
FREE
Interest Paid
YES
NA
Investment Options
NO
YES
Min Investment Amt
NA
$1000
FDIC Insured
YES
NO
*  $2.00 monthly fee applies, this fee increases to $3.50 for any month in which the average
daily available balance in the HSA Checking Account falls below $1,000.00.
** $13.45 fee for one box (100) of personal checks, payable at the time of application. 
Investment Options are not FDIC insured, may lose value,
and are not guaranteed by Great Lakes HSA
 

HSA - INTEREST RATES

Minimum Balance
Required to Obtain
APY

Annual Percentage Yield (APY)

$0.01 - $999.99

1.00%

$1,000.00 - $4,999.99
1.25%
$5,000.01 - $9,999.99
1.50%
Over $10,000.00 
2.00%

 

Effective: April 4th, 2008

 

Certificate Rates

Type/Term

Annual Percentage Yield (APY)

3 Month 

2.51% 

6 Month 

2.41% 

9 Month 

2.31% 

12 Month 

2.31%

24 Month 

2.51%

36 Month 

2.76%

48 Months 

3.01%

60 Month 

3.26% 

 

$1,000.00 minimum required to open non-IRA certificate and receive APY quoted
Rates quoted are based on compounding frequency
APY cited assumes principal and interest remain on deposit for full term; withdrawals will reduce earnings
Penalty may be imposed for early certificate of deposit withdrawal
Variable certificate of deposit rates are subject to change throughout term
Fees may reduce earnings
Member FDIC

 



 


 

 

 

 
CONTACT US | DISCLAIMER | PRIVACY POLICY

© 2008 Great Lakes HSA LLC