PADUCAH, Ky. -- Add C-Plant Federal Credit Union to the growing list of credit unions offering Health Savings Accounts to its members.
"As our members look into High Deductible Health Plans to save on their health care costs, offering HSAs at C-Plant helps them to keep all their assets under one roof," said Mark Atwood, president/CEO of C-Plant FCU. "A number of our business members have expressed an interest in using C-Plant as their HSA depository and we look forward to adding them and their employees as new members."
The credit union has tapped turnkey solutions provider HSA Clearing Corp to initiate and administrate the accounts.
"We are extremely pleased to be working with C-Plant Federal Credit Union. By offering HSAs C-Plant will see their membership and deposits grow, being one of the first credit unions in the area to offer Health Savings Accounts," said Tim Morales of HSA Clearing Corp. "People want to be able to set up their HSA close to home rather than using a provider the insurance company chose for them. Keeping the HSA deposit local helps the local communities."