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Recurring payments are automatic payments that a user authorizes to be made from a bank account or credit card on a regular billing cycle. Generally, the billing cycle is on a set day of every month. Recurring payments can be beneficial for both the party being billed and the ... Read more
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.