LAKE GENEVA, Wis. — HSA Clearing wants to help credit unions shore up their health savings account options.
HSA Clearing and brokersXpress, an online trading and reporting provider for independent investment professionals, have recently teamed up to launch HSAs Financial–a turnkey HSA brokerage solution for credit unions.
The program is designed to help credit unions expand their HSA offerings to include stock, mutual funds and options brokerage capabilities.
HSAs are tax-free portable savings accounts that can be used to pay for medical expenses including prescription and over-the-counter drugs incurred by individuals, spouses or dependents. These accounts are accompanied by high-deductible comprehensive insurance policies that cover preventive care and larger medical bills. Unused HSA money rolls over from year to year and can then be used to pay for medical care up to the plan's deductible.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.