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 Q3-2017 analysis.
Key Credit Union Numbers
- $1.55 billion – Total HSA assets held at credit unions totaled $1.55 billion as of 9/30/17, up 15.4% year-over-year.
- 841 – There were 841 credit unions holding HSA assets as of 9/30/17 (15% of credit unions), up from 832 credit unions at the end of 2016. There are 33 credit unions that each held at least $10 million in HSA assets as of 9/30/17.
- 51% – The 25 largest HSA asset holders among credit unions hold 51% of all HSA assets at credit unions.
- $2,586 – Devenir estimates the average HSA balance at a credit union is $2,586 as of 9/30/17, up 4.6% year-over-year.