Paducah, KY (PRWEB) May 1, 2007 -- C-Plant Federal Credit Union has begun offering Health Savings Accounts/HSAs to its member base. Health Savings Accounts were created by the Medicare bill signed by President Bush on December 8, 2003 and are designed to help individuals save for future qualified medical and retiree health expenses on a tax-free basis.

"As our members look into High Deductible Health Plans (HDHP) to save on their health care costs, offering HSAs at C-Plant helps them to keep all their assets under one roof," said Mark Atwood, President/CEO of C-Plant FCU. "A number of our business members have expressed an interest using C-Plant as their HSA depository and we look forward to adding them and their employees as new members."

"We are extremely pleased to be working with C-Plant Federal Credit Union. By offering HSAs C-Plant will see their membership and deposits grow, being one of the first credit unions in the area to offer Health Savings Accounts." said Tim Morales of HSA Clearing Corp. "HSA Clearing has proven across the country that people want to be able to set up their HSA close to home rather than using a provider the insurance company chose for them. Keeping the HSA deposit local helps the local communities."

Membership is open to the community. Anyone who lives, works, worships, volunteers, or goes to school in the Kentucky Counties of McCracken, Ballard, Graves, or Livingston can benefit from the great financial products and services offered by C-Plant Federal Credit Union.

For more information on setting up an Health Savings Account with C-Plant Federal Credit Union please visit their website www.cplanthsa.com or call C-Plant Federal Credit Union at 270-554-0287.

About HSA Clearing Corp
HSA Clearing offers turnkey solutions for financial institutions nationwide to initiate and administrate Health Savings Accounts. For more information on their HSA program, or the other benefits of using HSA Clearing Corp, please call 262-348-1300 or visit the website at www.hsaclearing.com .