Complaint / Review
Canopy Financial
Bankruptcy ties up HSA account holders

I have a lot more of this at my blog:

Houses in Malibu. Arabian horses. Jeremy Blackburn not only defrauded private equity firms, he got into depositor accounts.

The HSA company I originally had was MedKash, which then became Wellfund, which apparently got bought by Canopy Financial. All in the space of four years! I should've know better than to hold money with such a fly by night outfit.

As depositors, you would think that FDIC insurance would play a part. Now what's interesting here, is the electronic statements do state "DEPOSITS INSURED BY FDIC EQUAL OPPORTUNITY LENDER". The web site is still accessible, so you might want to hurry before this thing melts down even further.

I disagree with the concept that we are "creditors" in the traditional bankruptcy code sense.