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FirstMerit Savings Accounts
Our Savings Accounts, Money Market Accounts, Certificates of Deposits (CDs) and Health Savings Accounts (HSAs) are uniquely designed to help you achieve your individual financial goals.

| Savings | Money Market | Certificates of Deposit | Health Savings Account |
FirstMerit Health Savings Accounts

Why choose a Health Savings Account?
Health Savings Accounts (HSA) provide, for those eligible, an innovative way to save for medical expenses by allowing you and/or your employer to make deposits into an account on a tax-advantaged basis.


To be eligible, you must:
  • Have coverage under an HSA-qualified "high deductible health plan" (HDHP)
  • Have no other first-dollar medical coverage (other types of insurance like disability, dental care, vision care, or longterm care insurance are permitted)
  • Not be enrolled in Medicare
  • Not be claimed as a dependent on someone else's tax return

Benefits of a FirstMerit HSA
  • Save money on health insurance and taxes (please consult your tax advisor)
  • Earn money on your investment
  • Take advantage of more options with your healthcare dollars
  • Save for future medical expenses
  • Roll balances over from year to year

A FirstMerit HSA provides you tax savings
  • Tax deductions when you contribute to your account
  • Tax-free earnings through your investment
  • Tax-free withdrawals for qualified medical expenses

We offer the following HSA products
  • FirstMerit Health Checking
  • FirstMerit Health Money Market
  • FirstMerit Health CDs

Helpful Resources

For Rate Information or to Open an Account