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 Q4-2018 analysis.
Key Credit Union Numbers
- $1.62 billion – Total HSA assets held at credit unions totaled $1.62 billion as of 12/31/18, up 10.4% year-over-year.
- 848 – There were 848 credit unions holding HSA assets as of 12/31/18 (15% of credit unions), up from 817 credit unions three years ago. There were 36 credit unions that each held at least $10 million in HSA assets as of 12/31/18.
- 47% – The 25 largest HSA asset holders among credit unions hold 47% of all HSA assets at credit unions.
- $2,417 – Devenir estimates the average HSA balance at a credit union is $2,417 as of 12/31/18.