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Thursday, September 02, 2010

Custodian

As Health Savings Accounts (HSAs) continue to grow in the Consumer Directed Market, so grows the need for HSA Custodians. As one of the few solution providers to offer HSAs since their inception, DataPath understands the importance of the bank's role in the HSA market.

With bank custodians needed to handle the millions of dollars funded in HSAs, Health Savings Accounts are a growing and lucrative area for banks, but spending the time, money and resources modifying your current systems and training additional staff might not be an option. That is why DataPath developed HSAToday® as a turnkey HSA Custodian solution for you and your bank. The service we offer potential Custodians through HSAToday® leverages the expertise of a proven benefit specialist and licensed Plan Service Provider who can serve as the account holders' personal HSA assistant. We also provide complete comprehensive Account Management services (interest calculation and posting, monthly statements, IRS reporting, and customer service) for your individual accounts.

HSAToday® handles everything for you, providing you more time to focus on what you do best: building relationships in your community.