Nonprofit banking and accounting, zero fees
Zero-fee banking, fund accounting, and grant tracking in one platform — so every dollar goes further toward your mission.
1.75% APY† • Zero fees^ • FDIC insured to $3M*
Why nonprofits choose Holdings
Banking and accounting designed around how nonprofits actually operate
Fund Accounting
Track restricted vs. unrestricted funds with unlimited sub-accounts. Tag every transaction by fund, program, or grant for clean, audit-ready reporting.
Zero-Fee Banking
No monthly fees, no minimum balances, no transaction charges. Every dollar your donors give goes directly toward your mission.
Grant Management
Organize accounts by grant or funder. Track spending against budgets and generate reports that satisfy even the most detailed grant requirements.
How it works
Get your nonprofit set up in minutes, not weeks
Open your nonprofit accounts
Sign up with your EIN and basic organizational documents. No branch visits, no paper applications, no waiting.
Organize by fund, program, or grant
Create unlimited sub-accounts to separate restricted funds, operating expenses, program budgets, and grant allocations.
Auto-categorize every transaction
Transactions flow into your accounting automatically. Set rules to categorize donations, expenses, and transfers without manual entry.
Generate board-ready reports
Pull financial statements, fund balances, and program-level reports whenever your board or funders need them.
What you get
Banking and accounting in one platform, built for nonprofit operations
Zero-fee accounts that earn interest
- FDIC insured up to $3M through program bank network
- Unlimited sub-accounts for funds, programs, and grants
- Earn 1.75% APY on every dollar
- Free domestic wires and ACH transfers
- Physical and virtual debit cards with spend controls
- Multi-user access with role-based permissions
Fund accounting that stays audit-ready
- Fund accounting with restricted and unrestricted tracking
- Auto-categorize transactions by fund, program, or grant
- Form 990-ready financial reports for your CPA
- Audit-ready statements and export tools
- Real-time fund balances and program-level P&L
- Board-ready reports generated in seconds
Built for nonprofit compliance
Holdings protects your organization with FDIC insurance up to $3M and enterprise-grade security
FDIC Insured
Deposits insured up to $3M through our network of program banks*
SOC 1 Type II Certified
Independently audited security controls and practices
Bank-Grade Encryption
AES-256 encryption protects your data at rest and in transit
99.9%
Platform uptime
< 5 min
Average setup time
$3M
FDIC insured
0
Account fees
*Banking services provided by i3 Bank, Member FDIC. Holdings is a financial technology company, not a bank. Deposits are eligible for FDIC insurance up to $3,000,000 through our program bank network.
Further reading
Guides and resources for nonprofit financial management
Nonprofit Accounting Software Guide
How to choose the right accounting software for your nonprofit organization.
Read moreNonprofit Bank Accounts Guide
What to look for in a bank account built for nonprofit operations.
Read moreBest Free Nonprofit Accounting Software
Compare free accounting tools that support fund tracking and compliance.
Read moreThe missions that inspire us
A few of the nonprofits we're proud to work alongside. Their stories are worth reading.
Needs Beyond Medicine
Financial relief and community support for adults undergoing cancer treatment.
Read their storyVineCorps
Real community, mentoring, and career pathways for under-resourced youth.
Read their story
National Eating Disorders Association
Screening, education, research, and recovery support for eating disorders.
Read their story
Utah Nonprofits Association
Training, advocacy, and credentialing that strengthens every nonprofit in the state.
Read their storyIncome to Support All Foundation
Direct cash transfers and mutual aid tools rethinking economic security.
Read their storyNeeds Beyond Medicine
Financial relief and community support for adults undergoing cancer treatment.
Read their storyVineCorps
Real community, mentoring, and career pathways for under-resourced youth.
Read their storyNational Eating Disorders Association
Screening, education, research, and recovery support for eating disorders.
Read their storyUtah Nonprofits Association
Training, advocacy, and credentialing that strengthens every nonprofit in the state.
Read their storyIncome to Support All Foundation
Direct cash transfers and mutual aid tools rethinking economic security.
Read their storyExplore Holdings for nonprofits
Questions we hear a lot
Straight answers about Holdings for nonprofits
Is Holdings designed specifically for nonprofits?
Holdings serves all types of organizations, but our fund accounting, unlimited sub-accounts, and zero-fee structure make it especially well-suited for nonprofits that need to track restricted and unrestricted funds separately.
Can I track restricted and unrestricted funds separately?
Yes. You can create unlimited sub-accounts to separate funds by restriction, program, or grant—and our accounting tools let you tag every transaction so your reporting stays clean and audit-ready.
Does Holdings help with Form 990 preparation?
Holdings generates the financial reports your CPA or tax preparer needs to complete your Form 990, including categorized income and expenses, fund balances, and program-level reporting.
Are there really no fees?
There are no monthly account fees, no minimum balance requirements, and no fees for domestic ACH or wire transfers. Certain foreign or special-case fees may still apply.
How is my organization's money protected?
Deposits are eligible for FDIC insurance up to $3,000,000 through our program bank network. Holdings also maintains SOC 1 Type II certification and uses AES-256 encryption for all data.
Can multiple team members access the accounts?
Yes. You can invite board members, executive directors, and finance staff with role-based permissions so everyone sees exactly what they need—nothing more.
How do I switch from our current bank?
You can open your Holdings accounts in minutes with your EIN and basic organizational documents. There is no need to close your existing accounts right away—you can transition at your own pace.
Follow @holdingsforgood for nonprofit finance tips, product updates, and community stories.
Ready to put more toward your mission?
Open an account in minutes. Track every fund. Focus on the work that matters.
1.75% APY† • Zero fees^ • FDIC insured to $3M*