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The State Bank of Richmond now offers Health Savings Accounts to eligible individuals that carry a high deductible health plan, or to an Employer for their employees. Some of the features include:
- No set-up fee
- No minimum balance
- Annual fee of $20.00
- Daily interest, paid monthly
- Free checks
- Rate subject to change monthly
- Tax deductible contributions
- Distributions are non-taxable for qualified medical expenses
- Can be employer sponsored
Contact us at 320-597-2145 for more information.

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