Eliminate Banking Fees: How 2% Yield Accounts Empower Nonprofits
West Jordan, United States - July 23, 2025 / Holdings /
Holdings for Good is proud to introduce a powerful new way for nonprofits to manage their finances more efficiently, transparently, and effectively. In today’s landscape, every nonprofit organization faces unique challenges—not only in fulfilling their mission but also in managing the resources that make their work possible. With this in mind, Holdings for Good has designed an innovative banking solution tailored directly to the needs of nonprofits: a flexible, mobile-responsive platform with unlimited spend accounts, each earning a competitive 2% interest rate, and all delivered without monthly fees or extraneous costs. Our mission is to empower you, the changemakers, to do more good with fewer financial barriers.
Every nonprofit leader, finance manager, or board treasurer knows that handling multiple grants, donations, and special-purpose funds is an ongoing challenge. From tracking government grants with strict compliance requirements to managing funds earmarked by donors for specific programs, the system most organizations rely on is often complex, time-consuming, and vulnerable to mistakes. Spreadsheets, color-coded folders, and manual workarounds are commonplace, yet they can inadvertently invite errors and inefficiency. This is the very scenario Holdings for Good is committed to transforming.
Our solution centers on flexibility—and control. With Holdings for Good, nonprofit organizations can establish as many separate spend accounts as they need. Each account can be dedicated to a specific grant, project, or fund—so you always know exactly how every dollar is tracked, spent, allocated, and reported.
Imagine this: Your organization receives four different grants this year, each with distinct purposes, timelines, and reporting requirements. With Holdings for Good, setting up a new dedicated account for each grant is simple and immediate. Funds never get commingled. You always know, down to the cent, how much is remaining in each program, and for what it can be used. This transparency isn’t just a matter of internal peace of mind—it’s a dramatic leap forward in your ability to demonstrate accountability to donors, board members, and the community you serve.
Seamless grant management is one of the standout benefits of the Holdings for Good platform. Many funders, especially those providing government and foundation grants, expect recipients to demonstrate strict compliance in both spending and reporting. Being able to clearly segregate all transactions and balances by grant or project removes ambiguity and helps organizations avoid compliance pitfalls. No more frantic searches through a maze of spreadsheets when a grant report is due. Instead, you get clear, downloadable records by account—all accessible from any web-enabled device.
Our platform has been developed with the realities of nonprofit work in mind. We know that the ability to quickly open and manage multiple separate spend accounts from a single, secure dashboard is uniquely valuable. It means you can respond to changes and opportunities right away—whether that’s a new grant, a sudden influx of donations, or a spontaneous matching campaign. Organization is no longer a moving target. You simply create new accounts as needs arise, each connected to your organization as a whole, but separated for total clarity and compliance.
Each account provides real-time transaction tracking. Whether your finance team is two people or twenty, everyone designated with access will see up-to-date balances and transactions. No more waiting for monthly statements or reconciling piles of receipts at the end of a quarter. Reporting on your financials—whether for a grantor, the IRS, or your annual board meeting—is dramatically simplified.
Another key feature of Holdings for Good is that every one of your spend accounts earns 2% interest on balances. For organizations already stretching each dollar as far as it can go, every extra bit matters. This industry-leading rate is consistent across all accounts, big or small. You don’t have to choose between keeping funds accessible for upcoming payroll and getting the benefit of interest. Everything works seamlessly, giving you both flexibility and financial benefit.
We also know that for most nonprofits, every dollar spent on fees is a dollar not going toward the mission. That’s why the Holdings for Good accounts come with zero monthly maintenance fees, no minimum balance requirements, and no hidden charges. You don’t need a special negotiating team to get the best deal—every organization receives the same transparent, fair, mission-driven benefits from day one.
Accessing your funds is effortless. Our website is fully optimized for use on all devices, including tablets and smartphones. There’s no need to download anything or manage updates. Just log in from wherever you happen to be, whether you’re in the office, attending a conference, or checking on a campaign from the field. Security is paramount to our team, and we utilize industry-best encryption, user authentication, and fraud monitoring to protect your organization and every dollar entrusted to you.
Getting started with Holdings for Good is simple. We’ve designed our onboarding process to be as smooth as possible, whether your organization is small and just launching, or a large nonprofit with many employees and a wide-ranging donor network.
Here’s how your nonprofit can begin using Holdings for Good:
Visit Holdings for Good’s website.
Click on “Open an Account.”
Provide your organizational information as prompted. This includes tax identification, nonprofit status documentation, and any other required details, all explained in clear language along the way.
Once your main organizational account is confirmed, you can immediately begin creating separate spend accounts for any grant, department, or program you wish to track individually.
Assign permissions and access to relevant team members as needed. Role-based access makes this secure and simple.
Start using your new accounts—funds can be deposited by ACH, check, or wire, and you can initiate payments and transfers as your work requires.
What you will notice right away is the intuitive, straightforward interface. We have eliminated jargon and streamlined the steps so that even those new to digital banking can quickly learn and adapt. But if you ever need help, our support team is there for you—real people who understand nonprofits and are ready to guide you.
One of the biggest potential stress points in any nonprofit is grant compliance. Funders depend on nonprofit partners to document and justify how grant funds are spent. Traditional methods often involve endless hours spent parsing transaction records and building out custom spreadsheets, hoping nothing slips through the cracks. This isn’t just tiring; it’s a risk for even the most detail-oriented teams. An unintentional error could mean reimbursement delays, strained grantor relationships, or worse.
Holdings for Good was explicitly built to remove these roadblocks. When each fund or grant has its own dedicated account, confusion evaporates. If a funder requests a summary of all expenses charged to their grant, you can generate that information in seconds—fully categorized, organized, and verifiable. You can be sure you’re allocating funds exactly as promised, all without adding another layer of management complexity.
Transparency is more than a buzzword for today’s nonprofit sector—it’s essential for building trust. Board members, auditors, and donors all want to see that funds are used effectively and with integrity. The ease with which you provide clear, up-to-date reporting enhances your reputation and instills confidence in those who support your mission.
Growth brings opportunity, but it also brings complexity. As organizations expand and attract more targeted types of giving, the need for clear, structured financial segregation becomes even more acute. Whether you’re supporting multiple programs, running seasonal campaigns, or managing endowments, Holdings for Good gives you the tools to scale without adding friction to your financial operations.
Controlling and monitoring spending across the organization is also made easier by Holdings for Good’s robust permissions system. You can decide who gets access to which accounts, set transaction limits, and establish oversight protocols to meet internal controls or external audit requirements. The entire system adapts as your team and your needs change.
We understand the weight of fiduciary duty. Nonprofit finance teams are often tasked with balancing the mission impact of their spending with the demands of transparency and rigor. Our goal is to support you in this work—not only making it easier but helping you elevate your organization’s financial standards and processes.
Flexibility is at the core of what Holdings for Good offers. Suppose you receive a new restricted grant and want to ensure it is never mixed, even temporarily, with other funds. In just a few clicks, you can establish a new spend account, give it a unique name reflecting the grantor, and start using it immediately. Need a separate account for a scholarship fund or an upcoming fundraising event? It’s just as easy. Every program, campaign, and donor intent is respected and reflected in your financial structure.
Convenience and accessibility are essential for today’s nonprofit teams. Whether you are working from your desk or on the move, our web platform ensures that the same powerful functionality is always at your fingertips. Even if your organization has multiple locations or many remote workers, everyone can access up-to-date information—no need to email reminders or reconcile records after the fact.
Another valuable aspect is the way Holdings for Good eliminates unnecessary operational costs. High bank fees and complicated banking relationships have long been a frustration for nonprofits—often forcing organizations to compromise between cost and service. Our commitment is simple: zero monthly fees, no hidden charges, and a competitive 2% interest rate that helps your resources grow over time.
Integrating Holdings for Good into your organization doesn’t mean overhauling every established system overnight. You choose how and when to transition different programs or accounts into the platform. For many, the process is as simple as opening new accounts as you receive new grants or close on an annual cycle.
Security concerns are common, especially for financial transactions. Our platform employs industry-standard, bank-grade security protocols. Encryption, continuous monitoring, and multi-factor authentication mean you can have confidence that your organization and donor funds are protected at every step.
We also know you want to minimize administrative work so more time and resources go directly toward your mission. Because Holdings for Good delivers robust reporting tools, compiling expense reports for your grantors, auditors, or annual reviews is straightforward. With all transactions clearly organized by account, there’s no more sorting through bundles of receipts or hunting for documentation.
For many nonprofits, managing payroll, vendor payments, and program expenses often means juggling between several banking relationships or legacy systems. Holdings for Good simplifies all of this by offering a centralized, adaptable solution. All your accounts, all your transactions, all your reporting—in one place.
Mission-driven organizations deserve mission-driven banking solutions. Our team has taken the time to listen to nonprofit leaders and build features that actually address the day-to-day challenges of real organizations. We are deeply committed to supporting your work, sharing your values of transparency, efficiency, and stewardship.
We also understand that donor relationships are built on trust. With Holdings for Good's account-based approach, you can honor donor intent with unmatched precision. Whether you’re running a capital campaign, providing disaster relief, or supporting ongoing operations, each fund is protected, separated, and tracked.
If you’re ready to upgrade your approach to financial management and grant compliance, consider this an invitation to see how Holdings for Good can help. Our platform was built with input from nonprofit professionals—from single-employee grassroots organizations to regional and national charities. The mission is the same: to make the business of doing good as simple and stress-free as possible.
From the moment you open your first account, you’ll see the difference. Instant account creation, clear reporting, easy access, and no extraneous fees—all wrapped in a user-friendly interface. This is a banking experience designed for impact, not for profit.
Are you or your finance team interested in a closer look? Visit Holdings for Good’s website today for a guided tour or to open your first set of accounts. Our support staff is ready to answer your questions, walk you through set-up, or show you how Holdings for Good can be tailored to fit your organization’s unique needs.
The future of nonprofit financial management is here. With Holdings for Good, you’re equipped not just to keep up with the demands of transparency and compliance, but to lead with confidence and efficiency. Every account is an opportunity to do more, serve more, and demonstrate the integrity and impact of your work to everyone who believes in your mission.
We aren’t just another financial institution—Holdings for Good is your committed partner in progress. We believe the hard work of doing good in the world should be matched by solutions that make life easier, not more difficult.
No matter the size of your organization or the scope of your ambitions, your financial infrastructure should work as hard as you do. Discover how Holdings for Good can help you spend less time on the back office and more time driving real-world change, one mission at a time.
For questions or to get started, visit Holdings for Good online. Tools that support your vision for a better world are just a click away.
Contact Information:
Holdings
8543 S Redwood Rd
West Jordan, UT 84008
United States
Jason Garcia
+1 (888) 806-1639
https://holdingsforgood.com
