Prominence Health HSA

An HSA is a smart way to save for healthcare expenses while reducing your taxable income (a tax-advantaged account). The money you deposit should be used to cover qualifying medical expenses, including healthcare and prescription drug costs. Additionally, HSA accounts with GNCU earn dividends, helping your savings grow over time. You can withdraw HSA funds for non-medical expenses, but this will trigger penalties.

To open an HSA with GNCU, you must:

• Be enrolled in a qualified HDHP that meets IRS requirements. You may not be covered by a non-HDHP plan, Medicare, or claimed as a dependent on another person’s tax return.
• Qualify for membership, which is open to anyone living or working in Nevada and members of their immediate family.

On top of HSA accounts, becoming a GNCU member grants you access to a wide array of solutions and tools to be better prepared for life’s ever-changing opportunities.

• Everyday checking with rewards – Earn extra cash through high-yield Aspire Checking, free Cash Back Checking, or free Student Cash Back Checking. You can also rest easier at night knowing we’re always on patrol and actively monitoring all member accounts for signs of fraud.
• Loans with low rates –  Find the right loan for your needs with affordable rates on Auto Loans, Personal Loans, Personal Lines of Credit, Recreational Vehicle Loans, and more.
• Rewarding ways to save – I Can Save accounts offer a generous rate to build your emergency savings balance up, plus other solutions like Share Certificates (CDs), Money Market accounts, and more.
• Mortgages, home equity, and land – Make yourself at home with a variety of loan solutions, down payment assistance options, and expert service from Greater Nevada Mortgage, GNCU’s home lending subsidiary.
• 24/7 free digital tools – Take control of your money whenever and wherever with the latest Digital Banking tools, including My Credit Health, which offers a powerful one-stop shop for managing your credit score at no cost or impact.
• Financial wellness resources – Living Greater is easy when you have all the tools you need to get started, like free webinars and events, financial calculators, confidential financial coaching, and more!
• Member-exclusive access – Discounted tickets to sporting events and shows, scholarships, and more throughout the year! These special perks are our way of showing our thanks by adding even more value to your membership, because being a part of our community comes with fantastic benefits.

Employers are responsible for coordinating HSA contributions through their payroll provider. This includes:

• Setting up employer contributions (if offered)
• Allowing employee pre‑tax payroll deductions (if applicable)
• Ensuring contributions are coded correctly within payroll software
• Tracking total annual contributions to stay within IRS limits

Payroll providers handle tax coding and reporting. GNCU does not perform payroll tax reporting.

Employees must open their individual HSA before contributions can begin, and HSAs are individually owned by the employee. Employers should direct employees to visit this page at GNCU.org/Prominence to choose one of the following options:

• Open their account online
• Open their account at a GNCU branch (appointments are available)

GNCU offers HSA education to support employee understanding and adoption, especially during open enrollment. Employers may invite the GNCU team to host on‑site HSA education sessions, or participate in virtual open enrollment meetings. If you’re interested in this beneficial opportunity, please email us through the button below.

Your organization is invited to become a GNCU business member. Discover how your local not-for-profit credit union can support your passion.

• Business checking accounts – No matter where you are on your business journey, starting out or scaling up, we have checking account options to help you succeed at every level.  You can also rest easier at night knowing we’re always on patrol and actively monitoring all member accounts for signs of fraud.
• Business savings accounts –  From short-term goals to long-term plans, our account options offer flexibility to help your business thrive.
• Business services – On top of business accounts, we proudly offer several other solutions for making your day-to-day operations as smooth as possible.
• 24/7 business banking digital tools – Take control of your money whenever and wherever with the latest Digital Banking tools.
• Financial wellness resources – Living Greater is easy when you have all the tools you need to get started, like free webinars and events, financial calculators, confidential financial coaching, and more!
• Member-exclusive access – Discounted tickets to sporting events and shows, scholarships, and more throughout the year! These special perks are our way of showing our thanks by adding even more value to your membership, because being a part of our community comes with fantastic benefits.

Prominence Health and GNCU have partnered to provide Health Savings Accounts (HSAs) to employees enrolled in High Deductible Health Plans (HDHPs). This collaboration ensures that employers and employees have access to trusted financial solutions and educational resources.

1. Identify employer groups offering HDHPs that are eligible for HSAs.
2. Refer these employer groups to GNCU using the dedicated email or by visiting this page at GNCU.org/Prominence.
3. Employers will direct their employees to also visit this page to open their HSAs online or by booking a GNCU branch appointment.
4. If employers request on-site support, GNCU will coordinate with branches to provide education sessions or assistance.
5. Brokers remain the primary point of contact for employer benefits, while GNCU handles HSA account setup and can provide employee education.

If you have any questions or are interested in additional resources to ensure a smooth process for employers and employees, please email us through the button below.