Northern Kentucky Community Action Commission

Health Savings Accounts (HSA):
Flexible solutions for your health care costs

Open your Account

As a Northern Kentucky Community Action Commission (CAC) employee, you can cover your health care costs with the flexibility and financial benefits of a Health Savings Account (HSA) through Cinfed.

Your HSA will help you manage your health care costs while covering your medical expenses quickly and conveniently.

What is an HSA and how does it work?

An HSA is a tax-free account for employees with a high-deductible health plan (HDHP). The CAC will place $500 in your HSA when you open your account with Cinfed. You designate a portion of each paycheck to be placed into your account. The funds in your HSA can then be used for qualified medical expenses. The CAC will contribute an additional $500 to your account over the next 26 pay periods. (Note: New hires eligible for health insurance after 7/1/2020 will receive a prorated amount.)

You will receive a Mastercard® Debit card from Cinfed specifically for your HSA. Whenever you have qualified medical expenses, simply use your HSA as you would any credit or debit card anywhere Mastercard is accepted. The funds will be deducted directly from your account.

What are the benefits of an HSA?

In addition to the contributions to your account provided by the CAC, your HSA offers triple tax savings:

  1. Contributions are pre-tax or are tax-deductible
  2. You earn tax-free dividends (interest) on your account
  3. When used for qualified medical expenses, distributions are tax-free

Your HSA can be used to cover medical expenses for you, your spouse, and/or any dependents. Your contributions remain in the account until you use them and will rollover year-to-year – no need to worry about using your benefits under a deadline!

In addition, your account is FREE – Cinfed does not require any fees or other charges.

What health care expenses are covered?

The tax-free dollars you save in an HSA can only be used to pay for IRS-qualified medical expenses. These include:

  • Doctor's visits
  • Most medical procedures
  • Dental care
  • Vision care
  • Prescriptions and some over-the-counter items
  • Certain medical equipment

Get a full list of eligible expenses by visiting www.irs.gov and searching “HSA.”

How do you apply?

It's easy to complete an online application. First, collect the following materials:

  1. A copy of your driver's license with your current address (if not current, provide proof of address).
  2. Beneficiary information: each HSA account will have a beneficiary, to complete the application please provide his or her name, date of birth, address, Social Security number and phone number
  3. To allow someone else access to your HSA benefits you can add them as an Authorized Signer. You will be asked to provide that person’s name, Social Security number, date of birth, occupation, employer, mother’s maiden name, driver’s license number with state and expiration date, and phone number or email. The Authorized Signer will also sign a separate form.
  4. The application will ask for an initial $5 deposit. To bypass, select Internal Transfer and enter 1111 for the account number.

You will receive an email from Cinfed confirming your application as well as a link to sign documents electronically and finalize your account. Cinfed will coordinate your account with CAC’s HR Department, and you will receive your HSA Mastercard debit card within 14 days.

Now you’re ready! Click the button below, then select "Health Savings Account" from the drop-down menu.

Open your Account

Your HSA will help you manage your health care costs while covering your medical expenses quickly and conveniently! Take advantage of this flexible solution by completing an application.

For more information about your HSA program, contact the CAC HR Department.


Cinfed Credit Union
4801 Kennedy Avenue
Cincinnati, OH 45209
(513) 333-3800
Routing #242076656


They always go above and beyond at the Oakley branch and truly care about each of their members. And, I absolutely love their kids' membership program. It makes it fun for them to learn about money... 
— Courtney Snow
Been a member since I moved to the Queen City in 1978. Cinfed has always provided customer service that other financial institutions only dream about. Thank you for almost forty years of outstanding... 
— Tim Grabenstein
I recently became a member here at CINFED and it was the best decision I have ever made. I walked in with tears and despair and left with dry eyes, a smile, and I even received a hug from the branch... 
— Melanie
Earlier this year my much younger sister passed away and with that many obligations were to be met by my husband and myself ..My sister was survived by a daughter and son. We have since then taken on... 
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How lucky I am to have Liz Frey managing the office I use! I live in Florida but maintain Cinfed as my main banking office. Everytime I need special help a simple email or call to Liz and it is... 
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Emily Snyder took the best care of my two auto loans. She was professional, courteous and very knowledgeable of the available services for me. She went out of her way to make sure I felt like I was... 
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I have been member with Cinfed since 1986. The Roselawn Cinfed staff greeted the customer phone calls friendly and polite willing to help you with your needs. They have excellent customer service.... 
— Marian Dudley
I have been a member of CINFED since about 1981 when I was transferred from SLC, Utah with the US Army Recruiting Command and have always received excellent service and support . Hope Dee Dee is... 
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I have been a member at the Roselawn Branch for a long time and I couldn't be more satisfied with the customer service. No matter how often I come in with a question or issue and no matter what... 
— Andreya T Williams
I been a member since 1985 and can not imagine banking anywhere else. This credit union as taken care of my every need. 24/7 services is excellent.
— Edward, member since 1985
I have been a Cinfed member for years. I know I can depend on them to provide excellent service. The bill pay on line is great and every time I visit the Florence branch I am met with friendly... 
— Jan Ricks
Closed a loan in 24 hours! Absolutely unheard of! Thanks to the exceptional customer service of LeAnn Rose at the Turfway Branch! She went above and beyond by providing unexpected expedited service! ... 
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I recently applied for a credit card online. I received a call from Emily Snyder explaining what needs to be done next. It was easy and Emily’s customer service was excellent. Emily is a great... 
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I met Emily Snyder because I had a flat tire in the parking lot of Cinfed Credit Union. I didn’t know what to do and she offered to help me. It was late in the evening and I didn’t think anyone... 
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I recently closed for a car loan and a credit card with Susan Z. Her service was excellent. We closed in a couple of days. She was so helpful with her knowledge. It was a pleasure to deal with her.
— Glenda Adkins
I cannot say enough good things about the service I have always received from Cinfed! Most recently, we refinanced a vehicle and dealt with Emily S.! She was quickly responsive and on top of her... 
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I can say a million great things about Cinfed Credit Union and how they helped me over the years ,But there are many helpful service members, but one Great lady Is Mrs Susan Z. She is an Awesome... 
I have to say I think the new online banking update is pretty awesome. I love that the app is more up to date, clean and user friendly. Happy to be a customer with Cinfed.
— Kyle Neises

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