Booster money that takes two people to move
Keep season funds in one account with a Fund per team, two approvers on every transfer, and 2.00% APY*.
*APY as of November 6, 2026. Variable and may change.
Venmo goes to someone's phone
No single person should control collections, deposits, payments and records.
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2.00%
APY
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0.01%
Standard rate
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0.01%
Standard rate
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0.01%
Standard rate
Standard business savings APYs as of October 2026. Rates vary by location and relationship tier.
*National average: FDIC national savings rate, October 19, 2026. Devote APY may change at any time. Estimate assumes the APY stays the same for 365 days.
How it compares
2%Devote
0.38%National Average
$50MDevote
$250KStandard FDIC Limit
National average: FDIC national savings rate, October 19, 2026. Standard FDIC limit: $250,000 per depositor, per bank, per ownership category.
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A Fund per team or trip
Keep season money in one account, with a named Fund for each team, season or trip.
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Two approvers, no cards
Devote has no cards. Only approved roles can move money, and every transfer needs two approvers.
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A record parents can trust
Roles separate who records from who approves, and the audit trail shows every transfer and who approved it.
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Easy handoff at season's end
When officers turn over, an Owner updates the roles, and the record stays with the club's account.
A booster club season, from first fundraiser to final bill
Keep collecting the way you do now, through your checking account. Devote holds what you won't spend for a while, and two people agree before it moves.
- Before the season
Open a Fund for each team or program, such as football, band or concessions. Add the officers who approve transfers, and turn on second approval so every transfer needs two people.
- During fundraising
Dues, concession sales and payment-app payouts land in your checking account. Move what you won't need in the next few weeks into savings, where it earns interest until the next bill.
- Before a big bill
Request a withdrawal ahead of a tournament fee, travel deposit or uniform order. Requests made before 3 p.m. Eastern on a business day typically reach your bank two business days later, so plan for that.
- End of season
Give a parent volunteer or school liaison Viewer access, so they can see balances and statements but can't move money. When officers change, your Primary Admin updates the roles and the record stays with the club.
FAQs
Can we collect dues through Devote?
No. Devote is a savings account; collect through your checking account and move savings in.
Who can move money?
Only approved roles, and every transfer needs two approvers.
Are there fees?
No Devote fees at launch.
Is there a minimum deposit?
The first deposit must be at least $1,000.
How quickly can we withdraw?
Anytime. Requests before 3 p.m. Eastern on a business day are processed that day and typically reach your bank two business days later.
Devote is a financial technology company, not a bank. Deposits are placed at FDIC-insured banks and NCUA-insured credit unions through our deposit program partner. FDIC and NCUA insurance only cover the failure of an insured institution, and certain conditions must be met for pass-through coverage. Read the deposit insurance disclosure.
Make it take two to move club money
Apply for an account in minutes.
- Apply in about 10 minutesTell us about your organization, including its address and EIN.
- Get approved, usually within 24 hoursWe review every application, and most accounts are open the next day.
- Link your checking and add moneyYour first deposit needs to be at least $1,000.
