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 Q2-2019 analysis.
Key Credit Union Numbers
- $1.74 billion – Total HSA assets held at credit unions totaled $1.74 billion as of 6/30/19, up 10% year-over-year.
- 850 – There were 850 credit unions holding HSA assets as of 6/30/19 (16% of credit unions), up from 835 credit unions three years ago. There were 38 credit unions that each held at least $10 million in HSA assets as of 6/30/19.
- 46% – The 25 largest HSA asset holders among credit unions hold 46% of all HSA assets at credit unions.
- $2,705 – Devenir estimates the average HSA balance at a credit union is $2,705 as of 6/30/19, up from $2,417 at the end of 2018.