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 Q3-2015 analysis.
Key Credit Union Numbers
- $1.14 billion – Total HSA deposits held at credit unions totaled $1.14 billion as of 9/30/15, up 18% year-over-year. Devenir estimates that there are a little over 500,000 funded HSA accounts opened at credit unions.
- $2,267 – Devenir estimates the average HSA balance at a credit union is $2,267 as of 9/30/15, up 11.7% year-to-date.
- 820 – There are 820 credit unions holding HSA deposits as of 9/30/15, up from 804 credit unions a year ago. There are 20 credit unions that each held at least $10 million in HSA deposits as of 9/30/15.
- 52% – The 25 largest HSA deposit holders among credit unions hold 52% of all HSA deposits at credit unions.