A unique savings account for members to earn a higher return just in time for the holidays. Use a Parsons FCU Holiday Club Savings Account for seasonal expenses — and you’ll have even more to celebrate. 

• Open any time of the year
• Earns dividends from the day of deposit
• Set up automatic transfer from your savings or checking account

Holiday Club savings accounts mature on November 1st of every year. The balance is then conveniently transferred to your Parsons FCU savings or checking account. Click for current Holiday Club Savings Account Rate.

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We offer our members Health Savings Accounts (HSAs) — savings plans that offer those with high deductible health plans a different way to pay for health care. To qualify for an HSA, you must be enrolled in a High Deductible Health Plan (HDHP). An HDHP, sometimes referred to as "catastrophic" health insurance, generally does not pay for the first several thousand dollars of health care expenses (i.e. your "deductible") but will cover your expenses after the deductible has been met. The money deposited into an HSA would help pay for the expenses your HDHP does not cover and offers benefits such as:

• Helps you save for present and future medical expenses
• Allows your savings to grow tax-deferred*
• Provides additional tax advantages*
• Allows you to control how and when your savings are spent**
• Has no "use it or lose it" restrictions
• Help to pay certain health insurance expenses after age 65

For additional details and to open your HSA today, contact us at (800) 765-4527 (no electronic form is available at this time). Click for current HSA Savings Account rate.

*Please consult your tax advisor.

**Non-qualified medical expense distributions may result in additional taxes and penalties.