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What is a HSA trustee or custodian?

custodian HSA Trustee
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What is a HSA trustee or custodian?

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An HSA trustee or custodian is usually a bank. They will setup your HSA account just like a checking account. You should receive monthly bank statements just like any other account you have at a bank. To access the funds in your account the trustee or custodian should give you a checkbook or debit card. Most trustees or custodians will charge a setup and monthly maintenance fee. Use this link to HSABank.com to take advantage of the special discounted setup and maintenance fee’s.

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