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Waunakee board approves moving select employee benefit accounts to Associated Bank
Summary
The Waunakee Village Board approved moving administration of health savings, flexible spending and COBRA accounts to Associated Bank, with changes to take effect for the 2026 benefit year and employees able to keep or transfer existing HSA balances.
The Waunakee Village Board voted to move administration of several employee benefit accounts to Associated Bank, with the change scheduled to take effect for the 2026 benefit year.
Board members approved a motion to transfer administration of health savings accounts (HSA), flexible spending accounts (FSA) and COBRA administration from the village’s existing vendors to Associated Bank. The board was told North Shore Bank will continue to manage the village’s health reimbursement…
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