A Watson Wyatt Worldwide survey of 585 mid-sized and large companies found that the number of employers offering a high-deductible health plan with a health savings account or health reimbursement account is increasing. Twenty-nine percent of employers now offer such plans and another 33% plan to do so in 2007....

Southern Select Community Credit Union, Kannapolis, N.C., has promoted Shirley E. Helms to vice president, collections; Kelly S. Hill to vice president, member services; Marc Jacobson to vice president, controller and compliance; Willard McCombs to vice president, lending; Karen A. Bonzo to assistant vice president, lending; Terri H. Johnson to...

Submission by e-mail is preferred. Send to [email protected], or mail to: Paul Gentile, Revmont Park South, 1161 Broad St. Shrewsbury, NJ 07702

First the Consumer Federation of America got involved, and now the governor of Michigan - the story of DFCU Financial's conversion attempt is still playing out. Page 4.

Nine percent of individuals enrolled in an HDHP that were eligible for an HSA did not opt to open an account. Below are the reasons that individuals gave for not opening an HSA when the option was offered to them.

The fastest growing market for HSA/HDHP products is group coverage, which has grown from about 20% of the market in Sept. 2004 to approximately 60% in Jan. 2006. In particular, the large-group market has seen a significant increase since Sept. 2004.

Find out how credit unions are positioned to take advantage of the emergence of health savings accounts in the special report on pages 22-24.

According to Treasury, an individual can contribute to an HSA each year that they are eligible. Contributions can be up to the amount of their HDHP deductible, but no more than $2,700 for self-only coverage and $5,450 for family coverage. The chart illustrates how this works.