Tribevest provides an FDIC insured business bank account to help you and your Tribe pool capital for your deal.
Admins only have the capabilities in your Tribe to transact funds out of the business bank account. Tribevest works with a sponsored bank to provide your Tribe with a business bank account, we do not support integrations from other financial institutions.
Your FDIC insured business bank account includes:
✅ KYC check on all members
✅ Send funds via ACH or wire out of the business account
✅ Order debit card
✅ Integration with Intuit (Quickbooks, Mint, etc.) and Yodlee (Stessa, Venmo, etc.) services
✅ Remote check deposit capture
✅ Recurring monthly capital contributions
✅ Automatically creates all members to be Payees with the ability to add additional Payees
Please note: The business bank account does not issue checks for the account as it is a low interest savings account.