Devenir News & Insights

Each month Devenir highlights a selection of articles, posts and press releases to keep you in the loop of the latest trends and developments in the HSA marketplace. Check out our April 2021 edition!

Devenir Research was cited in a recent New York Times article discussing leveraging an HSA as tax time approaches.

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

On February 23rd and 24th, Federal Reserve Chairman Jerome Powell testified before Congress that the Federal Reserve does not plan to change their current monetary policy in the near term. Since the onset of the pandemic, consumers have seen the effect of these decisions on their bank deposits. The average deposit rate, for an account holder with $1,000 in their health savings account (HSA) has dropped 10bps since 2019.

Devenir, a national leader in providing investment solutions for health savings accounts (HSAs), released the results of its 21st semi-annual health savings account survey and resulting research report. Devenir found that the number of HSAs has grown to now exceed 30 million, holding an estimated $82.2 billion in assets at the end of 2020.