Learn more about about Health Savings Account at our online HSA Service Center. Are there any setup fees or monthly maintenance fees for an HSA? Virginia Credit Union does not charge any monthly maintenance fees. There is a $25 annual fee and $5 is required to open your account. How can I make contributions to my HSA? You can make contributions to your HSA savings account through direct deposit, payroll deduction, at any branch or by calling Member Services. Contributions cannot be made directly to your HSA checking account. How can I access funds in my HSA? The funds in your HSA savings account are linked to your HSA checking account. When you write checks or use your HSA debit card, funds will be automatically transferred from the HSA savings account to cover the amount. This HSA checking account does not allow for any deposits and overdraft protection is not available for it. You can access funds from your HSA savings account by visiting any branch or calling Member Services. How can I check the balance of my HSA? You can check the balance of your HSA online through online banking, QuikLine Phone Banking or by calling Member Services. How do I keep track of my HSA expenses? HSAs will be included on your monthly statement, which will summarize your account contributions and disbursements. To help with year-end tax preparation, Virginia Credit Union annually sends required forms to you and the IRS. You should keep sufficient records of your expenditures, such as payment receipts.