Devenir tracks health savings accounts in the credit union industry closely through NCUA filings and a variety of other sources. Below are some key points from our Q1-2019 analysis.
Key Credit Union Numbers
- $1.72 billion – Total HSA assets held at credit unions totaled $1.72 billion as of 3/31/19, up 8.7% year-over-year.
- 844 – There were 844 credit unions holding HSA assets as of 3/31/19 (16% of credit unions), up from 830 credit unions three years ago. There were 36 credit unions that each held at least $10 million in HSA assets as of 3/31/19.
- 47% – The 25 largest HSA asset holders among credit unions hold 47% of all HSA assets at credit unions.
- $2,577 – Devenir estimates the average HSA balance at a credit union is $2,577 as of 3/31/19, up from $2,417 at the end of 2018.
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