Processing monthly donations
July 15, 2011 2:51 PM Subscribe
Our environmental non-profit in Portland, Oregon receives a small portion of its revenue from recurring (monthly) contributions drawn via direct deposit. Recently, the bank we used to administer this account was acquired by another institution and started charging over a hundred bucks per month just to keep the account open
. We shut the account down but are still looking for a reasonable alternative. If at all possible we'd like to avoid paying high administrative costs for the service and processing payments manually (since we'd most likely have to keep donors' account numbers in the office).
I'm open to new ideas, and thanks in advance!
posted by vverse23 to Work & Money (5 answers total)