A Medical Savings Account is an account where a member can pay for medical expenses and possibly receive a State of Idaho income tax deduction** on deposits made to the account. These accounts are offered as a regular share savings, a share draft checking, or a share certificate. For more information please call us at (208) 884-0150 or (800) 223-7283.
There is no minimum deposit required to open a medical savings account.A primary membership savings with a $5 minimum deposit is required to open any Idaho Medical Savings, Checking or Certificate. Idaho Medical Savings Certificates require a minimum deposit of $500.
Dividends are computed daily and compounded quarterly. Dividends are credited to your account every quarter. Please see our rates sheet for current rates.
There are no service charges.