Log In Personal Checking Personal Savings Digital Banking Locations Article Center Savings Statement Savings Health Savings Account Christmas Savings Account Premier Money Market Account Individual Retirement Accounts HEALTH SAVINGS ACCOUNT Guard what money can't replace From the unexpected to the unthinkable, focus on what matters most. Find Your Nearest MVB Banking Center + Why Health Savings Account A Health Savings account lets you earn interest and withdraw your savings tax-free when you use them to pay for qualifying medical expenses. Benefits of Health Savings Account Withdrawals are tax-free when used for qualifying medical expenses A minimum balance of only $0.01 to earn interest Money rolls over year-to-year automatically Make deposits directly from payroll or transfer them electronically You own the account, not your employer Access to MVB’s online and mobile banking platform Complimentary personal financial management through Digital Banking Complimentary e-statements Complimentary Visa debit card This is a variable rate account Pricing of Health Savings Account $50 minimum opening deposit Withdrawals for non-qualified medical expenses could be subject to income tax and penalty, so consult with a tax advisor to determine if this affects you Eligibility Must be covered under a qualified, high-deductible health plan Must not have coverage under another type of health plan Cannot be claimed as a dependent on another person’s tax return Cannot be enrolled in Medicare Fore more information, visit the IRS website Access your funds anytime, anywhere with MVB's mobile and online banking suite. DISCOVER MVB DIGITAL BANKING + CLIENT CASE STUDIES Our clients are ambitious and bold. No matter your goal, we'll help you achieve success with the best financial products and expertise. DISCOVER MVB CLIENT CASE STUDIES + Who We Are Culture + Careers Community Development Corporation Community Reinvestment Act Client Case Studies Personal Digital Banking iOS App Android App E-Statements Business Digital Banking iOS App Android App E-Statements Contact Us (844)-682-2265 Our Locations Site Terms Lost or Stolen Card More Information Customer Privacy Notice Marketing Preference Center 2021 MVB Bank Privacy Policy Terms & Conditions