Devenir tracks health savings accounts in the credit union industry closely through NCUA filings and variety of other sources. Below are some key points from our Q2-2016 analysis.
Key Credit Union Numbers
- $1.33 billion – Total HSA deposits held at credit unions totaled $1.33 billion as of 6/30/16, up 17.6% year-over-year.
- $2,358 – Devenir estimates the average HSA balance at a credit union is $2,358 as of 6/30/16, up 4.5% year-to-date.
- 835 – There are 835 credit unions holding HSA deposits as of 6/30/16, up from 817 credit unions at the end of 2015. There are 25 credit unions that each held at least $10 million in HSA deposits as of 6/30/16.
- 51% – The 25 largest HSA deposit holders among credit unions hold 51% of all HSA deposits at credit unions.