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HSA Market Report

Banks, Trustees

HSA BANK ADDS REGIONAL VPs, NATIONAL BROKER
HSA Bank, a division of Webster Bank N.A. (Waterbury, CT), said it has beefed up its management team with the addition of three regional vice presidents (double what it had previously) and the creation of a national broker position.

EXANTE ADDS MUTUAL FUND INVESTMENT OPTIONS
Exante Financial Services (New York), a UnitedHealth Group company, said it will offer HSA banking customers a broad array of mutual fund options for members with account balances of more than $1000.

NATIONAL CITY OFFERS HSAs AT RETAIL
National City Corp. (Cleveland) is another bank that has begun marketing HSAs directly to individuals through the company’s branches, 24-hour call center, and its www.nationalcity.com web site. Minimum opening deposit is $50. Last year, National City became the preferred provider of HSA custodial services to Medical Mutual of Ohio.

U.S. BANCORP MARKETS HSAs AT RETAIL BRANCHES
U.S. Bancorp (Minneapolis) has begun marketing HSAs directly to individuals and small businesses through its banking branches, 24-hour call center, and online at www.usbank.com.


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