This change only impacts select Forma members. All members impacted will be notified directly via email about account changes. If you have not been notified, then this change does not impact your account.
Funds from Blue Ridge Bank will begin to transfer on Monday, December 16, 2024. It will take up to 3 business days for the funds to post to the new account in Thread Bank. As a result, there will be 3-day service disruption from Monday, December 16 to Wednesday, December 18.
During the service disruption, all impacted pre-tax members:
- Will not be able to use your Forma pre-tax card.
- Will experience a 3-day delay with claims reimbursement as funds transfer.
- For HSA members specifically, you:
- Will have limited HSA access for individual contributions, withdrawing excess contributions, and initiating individual transfers.
- Beginning December 12 to December 18, HSA members will be unable to reimburse themselves via the “Reimburse myself” feature.
- Will be unable to buy and sell investments beginning December 12 through January 15, 2025
After the service disruption is over on Thursday, December 19, you:
- Will need to activate your new pre-tax card