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Personal Banking
Health Savings Accounts

A Health Savings Account (HSA) is a tax-favored account that works for individuals who participate in a high deductible health plan. The HSA allows you to set aside money to pay for eligible out-of-pocket health care expenses, now or in the future.

Health Savings Account Application

Account Information


A Winona National Bank HSA is a great way for individuals and families to take more control over their health care expenses. The money in your HSA is yours to take with you wherever you go, even if you switch employers. Any unused funds carry over from year to year, giving you the flexibility to decide when and how to use them.


There is no minimum balance to open your HSA. Contributions can be made via payroll deduction through your employer, in person at a Winona National office, or by an online transfer from another Winona National Bank account. You can also roll over or transfer an existing HSA into your Winona National Bank HSA.

Using Your HSA

The Winona National Bank HSA is perfect for individuals or families who need to have unrestricted access to their accounts. Access to pay for qualified health care expenses is made easy with a debit card or exclusive HSA personalized checks.

HSA Checking Features

  • No minimum balance requirements
  • No transaction limits
  • No set-up fees
  • Earns interest at a competitive rate
  • Free initial order of exclusive HSA checks
  • Free monthly statements
  • Free debit card

Account Management

You can monitor and manage your HSA activity at your convenience, 24-hours a day, 7-days a week, with Internet Banking or through our InfoLine telephone banking.


As your HSA custodian, Winona National will report annually to the IRS, on form 5498SA, all contributions made to your HSA. Any distributions you take will be reported to the IRS on IRS form 1099SA. Clients are responsible for keeping all of their medical receipts.