Thanks for the feedback. @iamlindoro, I noticed your thread just after I had posted and your total fees are consistent with what my provider charges if I invest. Fortunately, I am not charged any fees if I am just using the standard savings account option. They do have a requirement that you have $1,000 balance and you can only invest funds in excess of the $1,000 but that won't be a problem if I stop using the account to pay for all of our medical expenses.
I am going to contact the CU to see if they waive that fee at any point. I haven't found anything on their website and I suspect that they don't, but it is worth asking. I also am looking into whether or not I can increase my contribution from my payroll deductions now, or if that can only be done during the annual enrollment period.
@Paul, I have a nice selection of Vanguard funds to choose from so I am excited to get rolling with this option and start putting my max contribution, as well as the contribution that my employer makes into my account, to work for me!
Update: Just called my CU and unfortunately the fee cannot be waived regardless of account balance, as it is a self investment plan through SaveDaily and that fee is imposed by them not the CU. Also, I learned that I can make a post-tax contribution to get myself up to the limit and then need to track that amount to use when it comes time for taxes next year.