Credit Union HSA Update: 6/30/2021

by Devenir | Originally posted here

Devenir tracks health savings accounts in the credit union industry closely through NCUA filings and a variety of other sources. Below are some key points from our Q2-2021 analysis.

Key Credit Union Numbers

  • $2.08 billion – Total HSA assets held at credit unions totaled $2.08 billion as of 6/30/21, up 9.6% year-over-year.

  • 850 – There were 850 credit unions holding HSA assets as of 6/30/21 (17% of credit unions), up from 843 credit unions three years ago. There were 48 credit unions that each held at least $10 million in HSA assets as of 6/30/21.

  • 45% – The 25 credit unions with the most HSA assets hold 45% of all HSA assets held at credit unions.

  • $2,839 – Devenir estimates the average HSA balance at a credit union is $2,839 as of 6/30/21, up from $2,835 at the end of 2020.

 
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