Dear HSAToday® Clients,

Good News! Many of you expressed concern that our current savings account, the Goldman Sachs Financial Square Money Market (FADXX) was not FDIC insured. Although there is temporary coverage for Goldman Sachs on balances up to $250,000, we realize the need to provide peace of mind for ALL of your account holders. For this reason, as of June 12th, 2009, we will be converting the savings account for each account owner into a FDIC insured account. National Advisors Trust (NAT) will continue to be the Custodian. The difference is you can now offer your customers an insured account with a better rate of return. That is good news!

What this means to Administrators, Account holders and Employers

As an Administrator, you will see no change in the way you use the HSAToday® system and more importantly there will be no interruption of service. However, your customer support will be provided details in a follow-up notice to assist with questions that may arise as a result of the conversion.

For account holders, the primary change is the peace of mind that comes with FDIC insurance. Another welcome benefit will be a higher, more competitive interest rate. Because the savings account is being moved to an FDIC account, the Goldman Sachs Fund will only be available to those account owners signed up for Investments. Otherwise, the Custodian, Website, Debit Card, Investment Options, policies and procedures will all remain the same. And there will be very little difference in account holder statements, with a minor change to the “savings” account description. DataPath is sending notices of these changes and the benefits to each account owner. We will also be including the new interest rate schedule and required disclosures, as well as providing you with a copy of what the Account owner will receive.

Your Employer clients should experience very little change. They will still access the myRSC^SM website and the HSAToday® Employer Portal as they have in the past. The only change will be for those who wire funds to the Custodian. We will be publishing a different account number for this purpose and will provide you with the wire instructions to pass on to your Employer clients.

I hope you find this announcement as exciting as I do. Goldman Sachs was a great vehicle for kicking off our HSA service in 2004, but the market has demanded something better and we hope you and your customers find our efforts satisfactory. NATCO and DataPath appreciate the trust you have placed in HSAToday® and our companies. We will continue to work to improve our service and the HSAToday® product. Please let us know your questions or concerns. You can reach us at 888-665-1264.

Sincerely,
Glen Hoffman
VP, Director of Financial Services
ghoffman@dpath.com

P.S. Look for a follow-up notice with more detail.