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 Q1-2021 analysis.
Key Credit Union Numbers
- $2.08 billion – Total HSA assets held at credit unions totaled $2.08 billion as of 3/31/21, up 11.8% year-over-year.
- 866 – There were 866 credit unions holding HSA assets as of 3/31/21 (17% of credit unions), up from 844 credit unions three years ago. There were 48 credit unions that each held at least $10 million in HSA assets as of 3/31/21.
- 45% – The 25 credit unions with the most HSA assets hold 45% of all HSA assets held at credit unions.
- $2,859 – Devenir estimates the average HSA balance at a credit union is $2,859 as of 3/31/21, up from $2,835 at the end of 2020.