Holdings for Good Earns Nationwide Press for 2% Nonprofit Accounts

Nonprofits are under more financial scrutiny than ever. Combining the need for transparent grant management, fund segmentation, and real-time reporting with lean teams and limited resources is a real challenge for organizations serving their communities. Traditional nonprofit banking solutions and generic business checking accounts often fall short—adding fees, compliance headaches, and manual processes right when nonprofits need simplicity and control.

Enter Holdings for Good, a modern, purpose-built nonprofit financial platform that’s transforming how grassroots organizations and established foundations manage, track, and deploy their money. As featured in 27 regional outlets nationwide—including the Shelby County Reporter, Smithfield Times, Suffolk News Herald, and Washington Daily News—Holdings for Good is increasingly recognized as a leader in nonprofit banking, expense management, and grant fund control.

Why do so many nonprofit finance professionals and executive directors choose Holdings for Good over legacy banks? The answer is simple: Holdings for Good delivers zero monthly or transaction fees, a 2% APY on all funds, and digital-first features specifically designed for nonprofit grant management, compliance, and audit-readiness.

The Problem: Outdated Nonprofit Banking Tools Create More Work and Risk

Lean nonprofit teams already juggle hundreds of tasks in a given month. Managing multiple restricted grants within one checking account, spending hours reconciling receipts, and tracking every purchase by program or donor restriction on complex spreadsheets is the norm for thousands of organizations. Not only is this approach frustrating, it puts organizations at risk for compliance gaps, spending errors, and lost time—the very things funders and auditors look for when deciding whom to trust with future grants.

Traditional banks mean traditional frustrations: monthly service charges, minimum balance fees, low interest, and a lack of features built for real nonprofit workflows. The result? Teams pour energy into workarounds rather than their mission.

A Better Way: Holdings for Good Simplifies Nonprofit Grant Management

Holdings for Good is designed specifically to solve these pain points. Every nonprofit account includes:

• Zero-Fee Banking: No monthly account fees, no transaction fees, no minimums—so every donated and granted dollar stays with your cause.

• 2% Return on All Balances: Holdings pays a meaningful yield on every dollar, earning more for your programs, reserves, and restricted funds—no hoops or hidden requirements.

• Virtual Accounts for Fund Segmentation: Create digital sub-accounts for each grant, program, or donor restriction. No more manual “Excel gymnastics” or merged balances. Track every dollar by purpose, grantor, campaign, or event—automatically, and in real time.

• Virtual & Debit Cards With Smart Controls: Issue cards to staff or volunteers without the risk or hassle. Set spending limits, fund sources, merchant restrictions, and auto-expire as needed. Cards are linked to specific grants or funds for effortless expense allocation and oversight.

• Expense Management Designed for Nonprofits: Upload, tag, and approve expenses directly in the platform. Every purchase is automatically matched to the right grant or program. Export clean records for your board, finance committee, or auditor with a click.

• Integrations & Exports: Works alongside Sage Intacct, QuickBooks, and other accounting systems—no need to disrupt what’s already working. Bookkeeping is easier, and data can be synced or exported seamlessly.

• Support for Lean and Complex Teams: Whether you have just one program director and a handful of volunteers, or a multi-program organization with dozens of grants, Holdings adapts—making audit season and restricted fund tracking much less stressful.

Segmentation Without Spreadsheets: The Digital Upgrade Nonprofits Need

One of the biggest grant management headaches is trying to manage dozens of restricted funds inside a single business checking account. With virtual accounts, Holdings automates this process. Each grant or donor restriction can be given its own digital envelope. Incoming funds are automatically sorted and tracked by purpose. Payments and card purchases are assigned to the right fund with no manual sorting. For lean teams, this can mean a 90% reduction in time spent tracking, reconciling, and preparing grant reports.

Team Spend Without Reimbursement Hassles or Security Risks

Old-school nonprofit expense workflows often mean forcing staff or volunteers to use their personal funds for program expenses and wait for reimbursement—or passing around a general debit card and hoping for the best. Both are recipes for errors, resentment, and security gaps.

Holdings offers safe, modern virtual and physical debit cards that behave like secure P-cards for the nonprofit world. You decide who can spend, how much, and on what. Cards can be set up for specific events (like a volunteer outing or conference), individual users, or recurring needs—without ever risking your general account. All spending is visible in real time, dramatically improving oversight and reducing fraud risk.

Zero-Fee, High-Yield Banking Designed for Grant Compliance

Nonprofit organizations can’t afford to lose precious funding to unnecessary fees or subpar yields. Unlike most banks, Holdings charges no fees—ever—and pays a 2% annual yield on every dollar, whether in general, restricted, or reserve funds. For organizations managing large restricted balances or reserves, this return can mean thousands of dollars of extra impact each year.

Integrated Bookkeeping and Audit-Readiness for Nonprofits

Too many nonprofits face last-minute scrambles for reports or audits. Holdings provides easy-to-use bookkeeping services as needed, ensuring all your finance records stay organized and compliant. Whether you use our platform stand-alone or with QuickBooks/Sage Intacct, you’ll be ready for any auditor or board meeting, without manual entry or reconciliation nightmares.

Purpose-Built, User-Friendly, and Flexible for Any Team

What sets Holdings apart? Built for nonprofit finance, the platform doesn’t require staff with accounting credentials—and it doesn’t force you to abandon good systems if you already have them. Everything is designed to reduce manual work, catch errors early, and give your whole team confidence around money. Nonprofits of all sizes—from startups to established multi-site organizations—use Holdings to strengthen controls and save time.

Why Nonprofits Choose Holdings for Good

1. Grant Management and Segmentation Made Simple: Effortlessly separate and track restricted grants, projects, or donor funds.

2. Zero Transaction Fees: Protect hard-earned donations from bank charges.

3. 2% Yield on Every Dollar: Amplify your cash and make restricted funds do more.

4. Modern Card Controls: Enable team and volunteer spend with built-in safety.

5. Compliance-First Tools: Real-time reporting and audit-grade transparency.

6. Works With Your Systems: Seamless data movement to your accounting software or external bookkeeper.

Widespread Recognition in the Nonprofit Sector

The demand for easier, safer nonprofit banking solutions is growing. Publications across the country have picked up Holdings for Good’s story, highlighting how innovative, purpose-built finance technology removes friction for mission-driven teams. The article “Streamline Nonprofit Grant Management With 2% Accounts” is currently live on 27 regional outlets, including:

• Shelby County Reporter (AL)

• Smithfield Times (VA)

• Suffolk News Herald (VA)

• Washington Daily News (NC)

• The Wetumpka Herald (AL)

• And many more.

To view the story, visit these outlets:

Real Results: How Holdings for Good Changes the Game

Nonprofits using Holdings for Good consistently report:

• Streamlined grant and fund management (no more juggling spreadsheets for each new grant)

• Safer and easier team-wide spending with granular controls instead of cumbersome reimbursements

• Dramatically reduced error rates and prep needed for board or funder reporting

• More time available to focus on programs rather than financial clean-up

• Stronger protection of grant funding for its intended purpose

Perfect for Every Nonprofit: From Small Teams to Complex Orgs

Holdings for Good works for every stage of the nonprofit journey:

• Startups and grassroots groups get intuitive controls and support, even if they don’t have an accountant.

• Mature organizations with Sage Intacct or QuickBooks can snap in Holdings for effortless fund and expense controls.

• Teams with many grants or designated program funds can finally see where every dollar lives and prevent co-mingling.

Modern Features, Old-Fashioned Service

Holdings for Good is built by people who understand the daily realities of nonprofit finance. Support is always available, onboarding is hands-on, and the platform speaks plain language—no jargon, no intimidating “banking speak.” The focus is always on making nonprofit bookkeeping, expense control, and grant management easy for everyone, no matter your team size or skill set.

Why Choose Holdings for Grant Management and Nonprofit Banking?

• Reduce grant management headaches, errors, and time spent tracking and reconciling funds.

• Boost your ability to secure and comply with new grants, thanks to audit-ready controls and reporting.

• Give every staff and volunteer the spending power they need while maintaining safety and clarity.

• Eliminate bank fees and grow your resources automatically.

• Create a secure, flexible foundation for your nonprofit organization’s financial growth.

The Future of Nonprofit Money Management Is Here

Holdings for Good isn’t just another challenger bank—it’s a true partner built from the ground up for nonprofits, grant recipients, foundations, and community organizations. If your organization is ready to modernize grant management, safeguard donor funds, and empower your team (without sacrificing valuable hours or money), Holdings for Good is the nonprofit banking solution designed for you.

Explore the full story and see why nonprofit leaders around the country are switching to Holdings for Good for all their grant management and cash control needs. Want to learn more? Browse the national coverage and discover how to streamline your nonprofit’s financial operations—so you can focus on what matters most: your mission.