HSA Bank, the trade name for State Bank of Howards Grove, which is a leading custodian and administrator of Health Savings Accounts, has announced its being chosen the exclusive trustee for high-deductible health plans offered by Government Employees Hospital Association Inc.
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The hospital group, which is the nation's third-largest health insurer for federal employees, recently announced its GEHA Health Savings Advantage plan and picked the Wisconsin bank to administer it, the bank said on Monday.
Webster Financial Corp. in Waterbury, Conn., said on Sept. 7 that it intends to buy Eastern Wisconsin Bancshares, the parent of State Bank of Howards Grove, for $26 million.
