WATERBURY, Conn., Dec. 8 /PRNewswire-FirstCall/ -- HSA Bank® launched its newly redesigned web portal for employers. The portal, known as HSA Bank's Employer Administration Area, features several enhancements to boost the online capabilities for employers to more quickly and easily manage their health savings account (HSA) program with HSA Bank.
The expanded capabilities build upon the Group Online Contribution technology HSA Bank developed specifically for HSAs in 2005. The enhancements allow employers of all sizes to easily set up contributions to employees' HSAs by uploading a file of their employees into the Group Online Contribution system. HSA Bank also offers new reporting capabilities for employers to quickly and easily review the contributions being made to employees' HSAs. Now, employers can view a summary of current and prior year contributions made to each employee across any of HSA Bank's contribution methods.
"Employers communicate a common desire for the administration and management of their HSA program to be easy," said Becky Seefeldt, marketing director at HSA Bank. "The enhancements we made to our Employer Administration Area, specifically the Group Online Contribution system, make it more accessible and efficient for larger employers while strengthening the capabilities for small and mid-size employers."
In addition to the new functionality, HSA Bank has improved the speed and performance of its Group Online Contribution system and implemented a new webpage design that has more intuitive navigation. The performance upgrade will be most noticeable when employers set up a new contribution and the navigation is more descriptive to help users get to their desired pages faster.
HSA Bank® is a division of Webster Bank, N.A., member FDIC, the wholly-owned subsidiary of Webster Financial Corporation (NYSE: WBS).
HSA Bank serves customers in every state in the nation and has more than 12 years of experience with health care savings accounts. HSA Bank continuously strives to offer the best HSA product in the industry. HSA Bank combines convenience, service and savings with low account maintenance fees, competitive interest rates, several investment options, 24-hour account access online or through its automated telephone system, and outstanding personal service.
For more information about HSA Bank, visit the HSA Bank website at www.hsabank.com.
Webster Financial Corporation is the holding company for Webster Bank, National Association. With $17.8 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust and investment services through 181 banking offices, 492 ATMs, telephone banking and the Internet. Webster Bank owns the asset-based lending firm Webster Business Credit Corporation, Center Capital Corporation, an equipment finance company headquartered in Farmington, Conn., and provides health savings account trustee and administrative services through HSA Bank, a division of Webster Bank. Member FDIC and equal housing lender.
For more information about Webster, including past press releases and the latest annual report, visit the Webster website at www.websterbank.com.
Media Contact:
HSA Bank: Patrick Rose 920-803-4151
mediarequests@hsabank.com
Webster: Ed Steadham 203-578-2287
esteadham@websterbank.com
SOURCE Webster Financial Corporation; HSA Bank
HSA Bank: Patrick Rose, +1-920-803-4151, mediarequests@hsabank.com; or Webster: Ed Steadham, +1-203-578-2287, esteadham@websterbank.com