HSA Clearing Corp, the leading Health Savings Account/HSA setup provider for banks and credit unions nationwide, and optionsXpress, ranked the top online securities brokerage firm four out of the last five years in a row by Barron's, have announced a partnership to offer HSA Financial.
HSA Financial will be available to those Registered Representatives, Financial Planners, Banks, Credit Unions and Registered Investment Advisors that wish to offer stock, mutual funds and options brokerage capabilities within HSAs.
"Our turn-key HSA setup program for banks and credit unions just got even better with the addition of HSA Financial,"
said Tim Morales, of HSA Clearing Corp. "For financial institutions that wish to provide investment options to their HSA customers, they now have access to low-cost online brokerage services using HSA Financial. It can make the difference
between capturing group HSAs and losing them to another HSA provider that offers investment options."
"We believe that many consumers wish to set up their Health Savings Accounts/HSAs with their local financial institutions," Morales added. "That is why HSA Clearing's turn-key program is growing nationwide as more financial institutions learn the benefits of offering HSAs to both their business and individual customers. The addition of HSA Financial rounds out our HSA set up program with a simple and effective way for banks and credit unions to increase deposits and ensure customer loyalty. There are a number of financial institutions offering HSAs now that need to expand their HSA program and offer investment options."