Phishing Scam

A scam is currently circulating involving a phone caller that claims your ATM card has been blocked and asking you to press 1 to restore service. These calls are a scam and neither HomeFed or Bank of the Cascades would contact you in this manner. If you've given out your card information, please contact us at 1-800-888-7283.

Home Federal Bank

Idaho Medical Savings Account

An Idaho Medical Savings Account (MSA) allows you to save for medical expenses while potentially reducing the amount of Idaho income tax you owe (please consult a tax professional for details). An Idaho MSA is an excellent option when you have a health insurance plan that does not have a high deductible, but still want the benefits and flexible options associated with a federal health savings account.

Questions? Contact us to learn more or view documents, forms and other resources that may be helpful.

Earns Interest
Yes (see "Rates" tab for details)
Minimum To Open
Service Fee
No monthly service fee
Annual Maintenance Fee
Minimum Balance to Obtain APY Compound Method APY
$500-$999 Monthly 0.03%
$1,000-$2,499 Monthly 0.03%
$2,500+ Monthly 0.08%
View Disclosure

Effective date: 4/23/2014

Annual Percentage Yield (APY) is accurate as of effective date shown above and is subject to change without notice. Minimum opening deposit is $50. APY is variable and may change after account opening. Fees may reduce earnings. Transaction and contribution limitations may apply. Please consult a tax professional for information regarding your personal situation.

  • Available without a high deductible health plan
  • Use funds to pay eligible medical, vision and dental expenses, as well as insurance premiums and long-term care
  • Contributions may be Idaho income tax-advantaged
  • Money invested in the account rolls over year-to-year (no “use it or lose it”)

Please consult a tax professional for information regarding your personal situation. Minimum to open account is $50. See Personal Account Fee Schedule for details.