DCCU Routing # 251483311

Savings Accounts

Health Savings Accounts

A Health Savings Account (HSA) gives you the opportunity to pay for your medical expenses with a tax-free savings account.  A DCCU HSA can help by providing an economical way for you to save for medical costs.  

HSAs can be opened in-person at one of our convenient locations.

How an HSA Works

Learn more about how Health Savings Accounts work below:

Save Time

You own the account, so it goes where you go, regardless of any job changes. Also, you can contribute at any time during the year and your balance rolls over from year to year.

Save Money

Your ability to deduct your contributions and the tax deferral of account earnings enable you to build your account. High health insurance policy deductibles mean lower premiums.

Protect Your Money

You will have an opportunity to save money to pay high or unexpected medical bills.

HSA Eligible Accounts

The following account types are eligible to be used for HSAs:

  • Rewards Checking with debit card
  • Money Market account
  • HSA Certificates - $1,000 minimum required to open a certificate, 1-5 year terms only
  • Club Savings accounts (excluding Christmas Club)

HSA accounts can be opened in-person at one of our convenient locations. 

stethoscope, charts, and calculators

HSA Benefits

  • Tax-free employer contributions
  • Possible tax-deductible contributions
  • The assets of an HSA are carried over from year to year
  • The interest or other earnings in the account are tax-deferred
  • Distributions are tax-free if they are used to pay for qualified medical expenses not covered by insurance

HSA Eligibility

  • You are covered by a qualified High Deductible Health Plan (HDHP)
  • You cannot be enrolled in Medicare
  • You have not received VA medical benefits in the previous three months
  • You cannot be claimed as a dependent on antoher person's taxes
  • You (the HSA holder) are required to track and record all distributions


Attention Retirees:

If you are retired, visit Retirement Central to learn more about HSAs or to open/manage an HSA Account.

A separate account will need to be opened for the HSA prior to opening/managing an HSA account in Retirement Central.