HSA Clearing Corp announced today a strategic alliance with Sarah Meyerrose Strategic Solutions LLC (SMSS), a newly launched network of top talent specializing in developing and delivering innovative business solutions. Together, HSA Clearing and SMSS will focus on providing banks and credit unions the ability to offer Health Savings Accounts to their business clients and employees.
Health Savings Accounts (HSAs) are growing rapidly, with over 8 million Americans now covered by HSA-qualified health insurance plans. HSAs provide a tax-advantaged savings vehicle for
current and future out-of-pocket medical expenses because they do not have a use or lose feature common with other health care accounts. HSAs also provide banks and credit unions an
excellent source of new deposits, new accounts, and cross-marketing opportunities.
HSA Clearing'ss expertise in marketing, training, customer service, and website support provides critical components of successful bank and credit union HSA programs. In business since
2004, HSA Clearing'ss turnkey solution allows financial institutions to begin offering this important product to their customers quickly and inexpensively. HSA Clearing also offers the
unparalleled expertise of Mr. HSA, Roy Ramthun, who led the U.S. Treasury Department'ss implementation of the HSA program in 2004-2005.
Sarah Meyerrose, President of SMSS, has over two decades of hands-on experience in all aspects of retail/commercial banking and served as an executive officer of a major regional bank for
14 years. She led the growth of an award-winning, bank-owned HSA platform from $18 million in core deposits to nearly $100 million over a two-year period. The principals at HSA Clearing
and I share the vision that all regional and community banks and credit unions should have the capability of offering these accounts and related services to their customers as well as
their own employees, said Meyerrose. SMSS will work with clients to develop sales and marketing plans and ensure seamless delivery and technical execution for this important product line.
Tim Morales, President of HSA Clearing Corp said, We are very pleased to be partnering with SMSS to offer our turn key HSA program. Sarah'ss experience in the HSA field brings a ringing
endorsement of our cost savings HSA program. We believe this strategic alliance will leverage both our capabilities to support any size bank to better serve their customers. If a
financial institution is not offering an HSA program, they'sre just losing deposits every month, as more and more clients are switching over to an HSA-compatible insurance program.
For more information contact:
Sarah Meyerrose, President of Sarah Meyerrose Strategic Solutions LLC
By phone: 901.834.1119
On the web: www.sarahmeyerrose.com
HSA Clearing Corp is the nationwide leader in setting up banks and credit unions to offer Health Savings Accounts/HSA with their turnkey HSA setup program, allowing the HSA monies to be
deposited locally to better benefit the community. HSA Clearing Corp offers a full line of investment options for financial institutions using brokersXpress. For more information contact
them at 262-348-1300, or visit www.HSAClearing.com.