Health Savings Account (HSA)

HSA’s are designed to help individuals covered under a High Deductible or “catastrophic” health plan save money through tax-deductible contributions to cover current and future qualified medical expenses.

An ECFCU HSA also comes with these benefits:

  • Visa Debit Card(s)
  • Free E-Statements
  • Free Home Banking and Bill Pay
  • Unlimited debit card transactions
  • Monthly Dividends

For current Deductible and Contribution Limits, contact Electric Cooperatives FCU via email at, by calling 501-570-2396 or visit and read IRS Publication 502.

Health Savings Account page

How to Apply: Existing Members

Contact the Credit Union to request a Health Savings Account Application and overdraft consent form.

How to Apply: New Members

Step One
Before applying for a Health Savings Account, you must become a credit union member.
Step Two
You’ll need two forms of identification for everyone on your account
Step Three
There is a $25 minimum balance requirement for your share deposit account (at opening)
Step Four: Mail your completed application to:

Electric Cooperatives Federal Credit Union
Attn: HSA
P.O. Box 194208
Little Rock, AR 72219

*Membership eligibility required. There is a $2.00 monthly administration fee with Health Savings Accounts. You must have a high deductible health plan or a “catastrophic” health plan in order to be eligible for an HSA account.

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The mission of the Electric Cooperatives Federal Credit Union, a financial cooperative, is to provide sound competitive financial services to those individuals who are associated with the Electric Cooperatives of Arkansas.

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Contact us
Mailing Address: P.O. Box 194208, Little Rock, AR  72219