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Health Savings Account

A free benefit for your employees

If you offer a high deductible health plan (HDHP), you and your employees may qualify for a NW Preferred Health Savings Account.

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Helping reduce the cost of healthcare

Healthcare can be costly and confusing. NW Preferred’s Health Savings Account is a wonderful benefit you can offer your employees. Not only do we offer some of the highest dividends in the industry and convenient access to the funds – the account is FREE for you and your employees. No Set Up Fees. No Monthly, Quarterly or Annual Fees.


  • Tax-deductible contributions
  • Tax-free accumulation of interest
  • Tax-free distributions for qualified medical expenses
  • No minimum balance or added fees
  • Convenient, medical-expenses-only debit card


Opening an HSA

As a business owner, you can provide HSAs to your employees as long as they are eligible (see FAQs). Start the process online today.

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  • Account Opening
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Rates as high as

1.5 % APY*

All Rates


All rates are subject to change. Early withdrawal penalties may apply. For all other terms and fees for each account, contact your branch for the applicable disclosure statement(s). Any fees assessed could reduce earnings on this account. Other terms and conditions may apply, see Credit Union for full details.