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A Medical Savings Account is an account where a member can pay for medical expenses and possibly receive a State of Idaho income tax deduction** on deposits made to the account. These accounts are offered as a regular share savings, a share draft checking, or a share certificate. For more information please call us at (208) 884-0150 or (800) 223-7283.

Opening Deposit

There is no minimum deposit required to open a medical savings account.A primary membership savings with a $5 minimum deposit is required to open any Idaho Medical Savings, Checking or Certificate. Idaho Medical Savings Certificates require a minimum deposit of $500.

Dividends

Dividends are computed daily and compounded quarterly. Dividends are credited to your account every quarter. Please see our rates sheet for current rates.

Service Charges

There are no service charges.

**Consult your tax advisor regarding potential tax benefits. For detailed information on how to use these accounts please visit Idaho Medical Savings Account via Idaho.gov.


Request a Medical Savings Account

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