Lake Geneva, WI (PRWEB) February 19, 2008
HSA Clearing Corp, the leading Health Savings Account setup provider for financial institutions, will be at the 2008 Independent Community Bankers Association Convention in Orlando, FL on March 2nd and 3rd.
Health Savings Accounts (HSAs), along with the Consumer Directed Health Insurance plans associated with them, are growing nationwide and offer individuals, families, and business owners a proven way to save money on health insurance premiums. HSA Clearing Corp offers financial institutions a complete turn-key HSA program, and shows them how to use the tools they already have to offer a complete and successful HSA program.
"This gives us the opportunity to answer banks' HSA questions one-on-one," said Roy Ramthun, SVP of HSA Clearing. "We feel that all community banks should be offering HSAs, and with our turn key HSA program we can show them how easy it is to offer HSAs without a huge upfront investment on software or a costly new platform. HSA education is what is most important, and that's what HSA Clearing Corp provides."
"We have been helping people set up HSAs since the program started in January of 2004 and with our SVP Roy Ramthun's background of leading the U.S. Treasury Department's implementation of the HSA program, we offer experience that you won't find elsewhere. Our clients are reporting signing up new HSA business from their existing business accounts, as well as local school districts and municipalities, as well as individuals. They are also receiving HSA rollovers as their customers transfer the funds back to their local institution," said Tim Morales, President of HSA Clearing Crop. "HSA deposit growth has taken off since passage of the Tax Relief and Health Care Act of 2006. For bankers, offering an HSA program is the fastest way to grow new deposits and their customer base."
About HSA Clearing Corp:
HSA Clearing Corp is the nationwide leader in setting up banks and credit unions to offer Health Savings Accounts/HSA with their turnkey HSA setup program, allowing the HSA monies to be deposited locally to better benefit the community. For more information on their cost effective HSA program contact HSA Clearing Corp at 262-348-1300, or visit http://www.HSAClearing.com.
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