back Back

Stearns Bank launches ‘Nonprofit Banking’ solutions

By Delisha Fernandes

August 25, 2023

  • Debit Cards
  • deposit accounts
  • Fintech news
Share

Stearns Bank, Nonprofit Banking Solutions, debit cards, deposit accounts, mobile deposits, mobile banking, FinTech news, FinTech USAStearns Bank N.A. has launched its Nonprofit Banking Solutions, a suite of customised banking services and financing options designed to meet the needs of nonprofits.

Additionally, to support nonprofits, Stearns Bank will donate $1,000 to each nonprofit organisation that maintains one or more active Nonprofit Banking Solutions accounts for a full 12 months, with recurring donations following each active 12-month period.

“At Stearns Bank, we have extensive experience with nonprofits and a keen understanding of the vast diversity among nonprofits across the country – each has a distinctive mission and goal along with differing operational demands, varying capital capacity and financing needs, and evolving donation and revenue streams,” said Kelly Skalicky, President, and CEO of Stearns Bank.

Among the many features offered with Stearns Bank’s Nonprofit Banking Solutions are unique financing options, customised credit cards, and high-yield interest-bearing deposit accounts. With a wide range of free services, nonprofits achieve substantial savings and can customise their debit cards with the nonprofit name and logo.

Stearns Bank’s special nonprofit accounts also feature free unlimited mobile deposits, free checks, unlimited same-day and next-day ACH origination, free unlimited incoming wires, free outgoing wires (one fee wire per day), free international wires (five free international wires per month) and more. There are also no minimum balance requirements, no hidden fees, no maintenance fees and no inactivity fees.

With the convenience of online and mobile banking, plus account access and management available 24/7, nonprofits across the country finally have a suite of specially designed Nonprofit Banking Solutions they deserve to empower their nonprofit, boost their bottom line, and fuel their financial growth.

Previous Article

August 25, 2023

TreasurUp and Salt Edge team up to offer open banking solutions

Read More
Next Article

August 25, 2023

GLN International enables QR payment structure for overseas visitors in Korea

Read More






IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

December 05, 2024

dLocal, Spreedly partner to boost payment access in APAC & Africa

Read More

December 05, 2024

BharatPe UPI launches ‘Shield’ to safeguard digital transactions

Read More

December 05, 2024

Fonepay launches Nepal’s first virtual credit card with Compass Plus Technologies

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q3 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More