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1st Financial is now Alltru Credit Union.  IMPORTANT:  The Hazelwood Branch Lobby is currently by appointment only. Learn More.

Invest in your health for a better tomorrow.

Healthcare expenses can be scary – but we can help you ease the sting a little. Your Alltru Health Savings account lets you save toward future medical expenses. Even better, these savings are pre-tax – so you’re effectively reducing your taxable income, which saves you even more.

You’ll receive a Visa debit card linked to this account, which can be used to pay for:

  • Doctor’s office visits
  • Prescriptions
  • Vision expenses
  • Dental expenses
  • Long-term care insurance

Marshal

Alltru Member

Alltru Representative

Nicole

Alltru Representative

Alltru Health Savings Account

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APY*

 

Alltru Health Savings Account Features

Here are the benefits.

Commonly Asked Questions

Want to know more about Health Savings accounts? Explore a few commonly asked questions below.

The HSA account holder must satisfy four requirements:

  • Be covered by a High Deductible Health Plan (HDHP)
  • Not be covered by another type of insurance (unless it’s a dental or vision plan; or another qualified HDHP)
  • Not be enrolled in Medicare
  • Not be claimed as a dependent on another person’s tax return

Yes, but the funds will be subject to income tax and a 20% IRS penalty (penalty does not apply after age 65)

  • Payroll deduction (if offered by your employer)
  • Electronic transfer (from your checking or other savings account using online banking)
  • In branch deposits into your HSA account

Alltru Credit Union provides you with several ways to access your funds to pay for medical expenses:

  • An HSA Visa debit card
  • Online banking
  • Withdraw cash from Alltru Credit Union branch
  • $3,500 single coverage
  • $7,000 family coverage
  • Individuals age 55 and older are permitted to make an additional $1,000 “catch-up” contribution

Yes, HSA owners may move their HSA assets to another financial organization, even if the contributions were made by their employers

“Everyone is really helpful and if there’s ever an issue they always get it squared away immediately and make sure that I’m getting taken care of.”

Andrea
Alltru Member
Let’s Talk

We’re in your neighborhood.

We are St. Louis, through and through. We have branches throughout the metro area. Plus, as a member you’ll have free access to hundreds of local ATMs.