To help financial institutions get more out of their health savings account programs, HSA Clearing Corp, the leading Health Savings Account/HSA setup provider for banks and credit unions nationwide, and brokersXpress®, have announced an agreement to offer HSA Financial, a turn-key HSA brokerage solution. HSA Financial is available to those banks and credit unions that wish to offer stock, mutual funds and options brokerage capabilities within HSAs.
"Our turn-key HSA setup program for banks and credit unions just got even better with the addition of brokerage capabilities through HSA Financial," said Tim Morales, of HSA Clearing Corp. "For financial institutions that wish to provide investment options to their HSA customers, they now have access to top-ranked discount online brokerage services using HSA Financial."
"We believe that many customers want to deal with their local institutions for their health savings accounts," Morales added. "That is why HSA Clearing's turn-key program is growing nationwide as more financial institutions learn the benefits of offering HSAs to both their business and individual customers. The addition of online brokerage capabilities through HSA Financial rounds out our program with a simple and effective way for banks and credit unions to increase deposits and ensure customer loyalty. It can make the difference between capturing group HSAs and losing them to another HSA provider that offers investment options."
brokersXpress is a subsidiary of optionsXpress® Holdings, Inc. (Nasdaq: OXPS), and a sister company of online broker optionsXpress, named the top online broker by Barron's for four years in a row (2003 to 2006).
For more information on how HSA Clearing's turn-key HSA package can help banks or credit unions offer Health Savings Accounts, contact Tim Morales, HSA Clearing Corp, 262-348-1300.
About HSA Clearing
HSA Clearing offers turn-key solutions for banks and credit unions nationwide to initiate and administrate HSA accounts. For more information, visit www.hsaclearing.com, or www.hsaFinancial.com or call 262-348-1300.
About optionsXpress Holdings, Inc.
optionsXpress Holdings, Inc., offers an innovative suite of online brokerage services for investor education, strategy evaluation and trade execution. optionsXpress Holdings subsidiaries include optionsXpress, Inc., a retail online brokerage specializing in options and futures, and brokersXpress, LLC, an online trading and reporting platform for independent investment professionals. Barron's named optionsXpress the number one online broker for four years in a row (2003 to 2006) and Kiplinger's Personal Finance named it the top discount broker in 2006.
www.optionsxpress.com
www.brokersxpress.com