Credit Union HSA Update: 6/30/2020

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 Q2-2020 analysis.

Key Credit Union Numbers

  • $1.9 billion – Total HSA assets held at credit unions totaled $1.9 billion as of 6/30/20, up 9% year-over-year.
  • 853 – There were 853 credit unions holding HSA assets as of 6/30/20 (16% of credit unions), up from 842 credit unions three years ago. There were 43 credit unions that each held at least $10 million in HSA assets as of 6/30/20.
  • 46% – The 25 credit unions with the most HSA assets hold 46% of all HSA assets held at credit unions.
  • $2,698 – Devenir estimates the average HSA balance at a credit union is $2,698 as of 6/30/20, up from $2,513 at the end of 2019.


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