Devote Savings is a high-yield savings account for your organization, managed at app.devotesavings.com. The account is opened and held through our deposit program partner, and Devote provides the app you use to run it. Devote is not a bank. Devote Savings has no fees.
In the app your team can:
- See your total savings, available money, pending withdrawals, the current interest rate and interest earned on the Dashboard.
- Move money between the savings account and a bank account you've linked and verified (Move funds).
- Split one savings account into Funds, such as operating money, board reserves and donor-restricted gifts. Funds are categories inside the account, not separate bank accounts.
- Give each person a role, and require a second person's approval before money moves.
- Download monthly statements, treasurer reports and a Form 990 worksheet from Documents, and send activity to QuickBooks Online.
If one balance is all you need, the app shows your savings as a single balance until you add a Fund.
Still have a question? Email support@usedevote.com, or browse the Help Center.
