For over 20 years, SelectAccount has served as a trusted industry innovator, helping customers plan, save and pay for health care costs.

1989
SelectAccount enters the spending account business by offering Flexible Spending Accounts (FSA).

1994
SelectAccount introduces electronic claims crossover, a major payment convenience option for our members.

2002
SelectAccount introduces two consumer-directed products: Archer Medical Savings Accounts and Health Reimbursement Arrangements (HRA). Also extended crossover to the pharmacy to allow participating members to pay for drugs at the pharmacy without filling out paperwork or utilizing a debit card.

2004
SelectAccount introduces its first health savings account product becoming one of the earliest HSA administrators.

2007
SelectAccount is the first major HSA custodian to offer tiered HSA plan designs. Member savings under management tops $100 million.

2007
SelectAccount applies for and is approved as a Nonbank Trustee by the U.S. Department of Treasury, Internal Revenue Service.

2010
Member medical savings surpasses $200 million in October.