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Optum Bank

optumbank.com

Optum Bank is a specialized commercial and industrial bank headquartered in Draper, Utah, that focuses exclusively on the healthcare sector. Established in 2003 as a subsidiary of UnitedHealth Group's Optum division, it serves as a leading provider of health savings accounts (HSAs), flexible spending accounts (FSAs), and health reimbursement arrangements (HRAs). Beyond consumer health-benefit accounts, the bank provides financial solutions for healthcare providers, including electronic payment processing, working capital loans, and medical equipment leasing. By integrating financial services with healthcare data, Optum Bank aims to streamline the financial complexities of the healthcare industry for individuals, employers, and care providers.