A business account with fund accounting built in.*

Managing a nonprofit's finances is fundamentally different from running a business. You're accountable to donors, grantmakers, and the IRS — not just a bottom line. Every dollar must be tracked by purpose: restricted grants go to restricted programs, designated gifts stay designated, and unrestricted funds cover operations. Traditional bank accounts weren't built for this. Most force nonprofits into spreadsheet workarounds or expensive accounting software just to answer the basic question: where did the money go?

Holdings was built to solve this. Our unlimited sub-accounts let you create a dedicated bucket for every fund, grant, or program — no spreadsheets, no reconciliation headaches. When the Ford Foundation sends a $250,000 restricted grant for youth education, that money lives in its own sub-account from day one. Your treasurer can see exactly how much remains. Your auditor can verify it in seconds.

Zero Fees, More Mission

Most national banks charge nonprofits $15–30/month in maintenance fees, plus per-transaction charges after a low threshold. On a $500,000 annual budget, that's $180–360 in fees — money that should fund programs, not banking overhead. Holdings charges $0 monthly banking fees, with no minimum balance, no transaction limits, and no hidden costs. Your nonprofit keeps every dollar for its mission.

Earn Interest on Reserves

Nonprofits often hold significant cash reserves — operating funds, endowments, capital campaign savings, and grant balances awaiting deployment. At a traditional bank earning 0.01% APY, a $500,000 balance generates roughly $50/year. With Holdings' 1.75% APY on all balances, that same $500,000 earns over $8,750 annually — real revenue that strengthens your financial position without any additional fundraising effort.

Audit-Ready from Day One

Form 990 preparation, annual audits, and grant compliance reports consume weeks of staff time at most nonprofits. Holdings generates the financial reports your CPA needs — revenue and expense breakdowns by program, fund-by-fund balances, and transaction histories — with one click. Combined with our built-in bookkeeping, your books are always current, categorized, and ready for review.

Board & Staff Access Controls

Nonprofit governance requires transparency. Holdings lets you invite board members with view-only dashboards, give your treasurer full financial controls, and provide program directors with visibility into their specific fund balances. Multi-signer support, role-based permissions, and complete audit trails mean your organization meets fiduciary standards without friction.

FDIC Protection Up to $3 Million

Large grant disbursements can push nonprofit balances well past the standard $250,000 FDIC limit. Holdings provides up to $3 million in FDIC insurance through our program bank network — protecting your organization's funds without requiring you to open accounts at multiple banks.

Whether you're a small 501(c)(3) just getting started or a large charitable organization managing millions in grants, Holdings gives you the banking infrastructure your mission deserves. Read our complete nonprofit banking guide or see how we compare to Chase, Bank of America, and other nonprofit banking options.