Devote Savings dashboard for Gulf Coast Relief Network showing total savings, Funds and recent activity.

Relief money, kept separate and paid out on approval

Open a restricted relief Fund, approve every payout, and earn 2.00% APY* on money not yet given out.

*APY as of November 6, 2026. Variable and may change.

Apply now

Donations poured in faster than we could decide

And every payout needs a record of who got help and why.

  • Devote

    2.00%

    APY

  • Chase

    0.01%

    Standard rate

  • Wells Fargo

    0.01%

    Standard rate

  • Bank of America

    0.01%

    Standard rate

Standard business savings APYs as of October 2026. Rates vary by location and relationship tier.

See what your reserves could earn this year
+$0 more per year
APY can change; estimate for 365 days.
Extra you earn with Devote annually
$0
With Devote (2.00% APY)$0 National average (0.38% APY*)$0

*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

Interest Rates

$50MDevote

$250KStandard FDIC Limit

Federal Insurance

National average: FDIC national savings rate, October 19, 2026. Standard FDIC limit: $250,000 per depositor, per bank, per ownership category.

  • A relief Fund apart from reserves

    Keep relief gifts in a restricted Fund, separate from your own emergency reserves. Releases go through review and approval.

  • Approval and a record for each payout

    The audit trail documents each decision. Stagger withdrawals as aid is paid; transfers need two approvers and are capped at $1M a day.

  • Coverage when gifts surge

    A sudden inflow over $250,000 can be spread across multiple insured institutions.

  • What the IRS expects

    IRS Publication 3833 explains how relief must reach a broad charitable class based on need. Read it, and ask counsel how it applies to you.

Devote Savings Funds list for Gulf Coast Relief Network.

FAQs

Can we raise money for one family?

Gifts to a fund for a named family generally aren't charitable. Ask counsel.

How fast can we pay out?

Transfers need two approvers and are capped at $1M a day.

Is relief interest ours?

It stays in the relief Fund by default. Confirm with your auditor.

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.

Set up your relief Fund today

Apply for an account in minutes.

  1. Apply in about 10 minutesTell us about your organization, including its address and EIN.
  2. Get approved, usually within 24 hoursWe review every application, and most accounts are open the next day.
  3. Link your checking and add moneyYour first deposit needs to be at least $1,000.
Apply now
Devote Savings recent activity for Gulf Coast Relief Network.