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Same Day ACH Benefits for Banks and Financial Institutions
By: Jordan Lampe, July 18, 2016

This is the third and final post in our series exploring the potential benefits of same day ACH. You could also say this is the most nuanced post in our series since financial institutions and services provide the products and access needed to leverage ACH. And starting September 23, ... Read more

Financial institutions play an important role in the Dwolla network.

Dwolla, Inc. is an agent of Veridian Credit Union and Compass Bank and all funds associated with your account in the Dwolla network are held in pooled accounts at Veridian Credit Union and Compass Bank. These funds are not eligible for individual insurance, including FDIC insurance and may not be eligible for share insurance by the National Credit Union Share Insurance Fund. Dwolla, Inc. is the operator of a software platform that communicates user instructions for funds transfers to Veridian Credit Union and Compass Bank.