Research

Devenir and the American Bankers Association’s Health Savings Account Council released the results of the 2020 Devenir & HSA Council Demographic Survey. We found that 30 million health savings accounts that existed at the end of 2020 helped cover an estimated 63 million Americans.

Devenir & the American Bankers Association’s Health Savings Account Council released the results of the inaugural Devenir & HSA Council Demographic Survey and resulting research report. They found that 30 million health savings accounts that existed at the end of 2020 helped cover an estimated 63 million Americans.

We published our latest analysis of how health savings accounts are faring among credit unions, finding at the end of 2020 credit unions held about $1.97 billion in HSA deposits.

HSA investments have grown rapidly in recent years, as more account holders invest and existing investors grow their balances. At the end of 2020 nearly $24 billion dollars were invested, accounting for roughly 29% of total HSA assets (up from 24% at the end of 2019).

Devenir’s quarterly credit union HSA update finds almost $2 billion in HSA assets were held in credit unions as of 12/31/2020.