November 6, 2008
Comerica Bank Selects Canopy’s Healthcare Banking Platform
Comerica Bank has selected Canopy's on-demand healthcare banking platform to power HealthReserve, Comerica's health savings account offering for employers and consumers.
Canopy's HealthDirect supports the healthcare banking programs of some of the financial institutions in America. With average health savings account (HAS) account balances growing at double digit rates quarter over quarter since the beginning of 2008, HealthDirect offers a robust, administration and account management platform for all consumer driven healthcare-related spending accounts, including HSAs, Flexible Spending Accounts (FSAs), and Health Reimbursement Arrangements (HRAs).