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This is a blog post from Corey Oliver, one of our software engineers at Dwolla. To hear more from Corey, follow him on Twitter at @coreyjonoliver or check out some of the work on his blog. Where’s the money coming from and where’s it going? The solution Dwolla implemented to ... 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.