Devenir News & Insights

2023 Devenir & HSA Council Demographic Survey

July 22, 2024 Research
Devenir and the American Bankers Association’s Health Savings Account Council released the results of the 4th annual Devenir & HSA Council Demographic Survey and resulting research report. The survey found that the 37 million HSAs that existed at the end of 2023 helped cover over 61 million Americans.
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HSA Deposit Rate Update – June 2024

July 16, 2024 Research
As we enter the second half of 2024, HSA interest rates continue their upward trajectory, with increases across all balance tiers. As of June 30th, the average rate for $1,000 balances reached 0.44%, up from 0.42% in December 2023. More substantial gains are seen in higher balances, with $10,000 accounts now averaging 0.55% (up from 0.52%) and $50,000 balances hitting 0.62% (up from 0.57%).
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