Wolters Kluwer Financial Services has announced that Killbuck Savings Bank Co. in Killbuck, Ohio, chose its health savings account program and has opened hundreds of accounts in less than four months.
The $298 million-asset thrift uses Wolters Kluwer's consulting, training, marketing, yearend reporting, and documentation services, the Minneapolis financial services company said. The services are built on the regulatory content and industry knowledge represented by the company's Bankers Systems brand, it said, and about 2,000 financial institutions are its HSA customers.
Killbuck started its HSA program in November and since then has opened several hundred accounts for employees of 11 area businesses. "We thought the HSA program would grow slowly over the years, but it just took off," Ron Hennen, the thrift's security compliance officer, said in a press release.
The parent Wolters Kluwer is an Amsterdam-based multinational publisher and information services company. Its core markets include health, corporate services, financial services, tax, accounting, law, regulatory, and education sectors.
