Nonprofit Banking

Free banking and accounting built for nonprofits

Track restricted funds, manage grants, and stay audit-ready with unlimited sub-accounts, built-in bookkeeping, and zero fees.

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Join 300+ nonprofits managing finances simply

1.75% APY† · Zero fees^ · FDIC insured to $3M*

Holdings Dashboard

Total Balance

$312,845.00

↑ 6.8% from last month

Sub-Accounts

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Unrestricted

$142,300.00

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Restricted — Youth Program

$98,545.00

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Capital Campaign

$72,000.00

Why nonprofits choose Holdings

Financial tools designed for how nonprofits actually operate

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Restricted Fund Tracking

Create unlimited sub-accounts for restricted grants, designated gifts, and program-specific budgets. Every dollar stays where your donors intended.

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Audit-Ready Reporting

Generate fund-by-fund financials, Form 990 support data, and donor compliance reports with one click. Your auditor will thank you.

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Board & Staff Access Controls

Give board members view-only access, treasurers financial controls, and program directors their own dashboards.

How it works

Get set up in minutes, not weeks

Step 1

Open your nonprofit account

Account Setup

Organization name + EIN

Authorized officer verification

501(c)(3) confirmation

✓ Account approved — ready in 2 minutes

Step 2

Create fund sub-accounts

Set up sub-accounts for unrestricted funds, restricted grants, capital campaigns, and program-specific budgets.

Sub-Accounts

💰

Unrestricted

$142,300.00

🔒

Restricted — Youth Program

$98,545.00

🌟

Capital Campaign

$72,000.00

Step 3

Track donations and expenses

Every donation and expense is automatically categorized. See restricted vs unrestricted fund balances in real time.

Recent Transactions

Community Foundation — Youth Grant+$25,000

Restricted Grant

Monthly donor batch+$8,420

Unrestricted Giving

Program supplies — Youth-$1,240.00

Program Expense

Step 4

Generate audit-ready reports

Pull fund-by-fund financials, Form 990 support schedules, and compliance reports. Export for your auditor or board.

Profit & Loss

Revenue$412,000.00

Expenses-$298,500.00

Net Income$113,500.00

Export PDFSend to CPA

What you get

Banking and accounting in one platform

Banking

Zero-fee accounts that earn interest

FDIC insured up to $3M through program bank network
Unlimited sub-accounts for every fund and program
Earn 1.75 APY on every dollar
Free domestic wires and ACH transfers
Debit cards for staff with spend controls
No minimum balance, no monthly fees

Accounting

Bookkeeping that runs itself

Track restricted vs unrestricted funds automatically
Fund-by-fund P&L, Balance Sheet, and compliance reports
Form 990 support data generation
Connect external accounts for a complete picture
Export to QuickBooks, Xero, or CSV for auditors
Upgrade to a dedicated bookkeeper for $100/mo when ready

Free Download

Get the Nonprofit Banking Checklist

The 5-step checklist for switching your nonprofit to a modern bank. What to look for, what to avoid, and how to make the move without disrupting operations.

We'll send the nonprofit banking checklist and nothing else. No spam, unsubscribe anytime.

Trusted by nonprofits everywhere

300+

Nonprofits on Holdings

Monthly fees, forever

$3M

FDIC insured

“This transition will support our mission by streamlining how we manage donor contributions and program impact — helping us better serve cancer patients in need.”

Phil Brown

CEO, Needs Beyond Medicine

Read how nonprofits are rethinking financial oversight → Issue No. 2

Frequently asked questions

Is Holdings designed specifically for nonprofits?+

Holdings works for any organization, but our unlimited sub-accounts and fund tracking make it ideal for nonprofits that need to manage restricted grants, designated gifts, and program budgets.

Can I track restricted and unrestricted funds separately?+

Yes. Create a sub-account for each fund type. Restricted grant dollars are completely separated from unrestricted operating funds, with full reporting on each.

Does Holdings help with Form 990 preparation?+

Holdings generates the financial reports your CPA needs for Form 990 preparation — including revenue and expense breakdowns by program, management, and fundraising categories.

Are there really no fees?+

Zero. No monthly fees, no transaction fees, no minimum balance. Your nonprofit keeps every dollar for its mission.

How is my organization's money protected?+

Deposits are FDIC insured up to $3,000,000 through our program bank network. Holdings uses AES-256 encryption and maintains SOC 1 Type II certification.

Can multiple team members access the accounts?+

Yes. Invite board members with view-only access, give your treasurer financial controls, and provide program directors with dashboards for their specific funds.

How do I switch from our current bank?+

Open your Holdings account in minutes, then move your funds over at your own pace. We provide ACH transfer tools and your old bank's routing info makes the switch seamless.

Explore Holdings for Nonprofits

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