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Payments · Banking & yield
Your money should make money.
Tuition sitting in a 0% checking account is a donation to your bank. Earn competitive yield on operating balances, campaign funds, and even the payroll taxes you're holding until they're due — with same-day access to your deposits.
Yield on every balanceSame-day deposit availabilityNamed money bucketsNo monthly feesBoard-grade visibility
613OS is a financial technology company, not a bank. Banking services, deposit accounts, and cards are provided through licensed partner banks, Members FDIC. Yield rates variable and subject to change; deposit insurance applies through partner banks up to applicable limits.
Day 1when your idle balances start earning instead of sitting
Same dayprocessing settlements available to spend
$0monthly maintenance fees, minimum penalties or per-transaction nickels
FDICinsured through licensed partner banks, up to applicable limits
Sound familiar?
The problems we built for
01 · Hundreds of thousands earning nothingThe tuition collected in September funds expenses through June — sitting in a checking account earning 0% for months while it waits.
02 · Withheld taxes idle for weeksEvery payroll run withholds employee taxes that aren't remitted for days or weeks — idle money, every cycle, all year.
03 · Deposits crawlCard settlements taking days to become usable funds — cash flow friction the institution feels every week.
What you get
Built for your money
Yield on every balanceOperating funds, campaign reserves and security deposits earning competitive interest from day one — through FDIC-insured partner banks.
Same-day deposit availabilityProcessing settlements available same-day — tuition collected Tuesday morning is spendable Tuesday afternoon.
Organized money bucketsTuition, building campaign, payroll tax and reserves in separate named buckets — clarity your board will love, transfers in one click.
No monthly feesNo maintenance fees, no minimum penalties, no per-transaction nickels — banking that doesn't bill you for holding your money.
Board-grade visibilityLive balances, yield earned and movement history — exported straight into your treasury reporting.
Your money, your accountEach institution signs its own merchant application and funds settle to its own account. 613OS never holds your money.
Money buckets
Every dollar in a named bucket
Tuition, the building campaign, the payroll-tax holding account and reserves — each with its own balance, its own yield line, and one-click transfers between them.
| Bucket | Balance | Yield this month | Last movement |
|---|---|---|---|
| Operating | $412,500 | $1,374 | Today · settlement in |
| Building campaign | $96,000 | $320 | Tue · 3 gifts in |
| Payroll tax holding | $38,200 | $127 | Fri · remitted on time |
| Reserves | $150,000 | $500 | — |
| Security deposits | $24,000 | $80 | Aug · 2 refunds out |
Sample data for illustration. Yield rates are variable and subject to change.
The September-to-June problem, solvedThe tuition that funds the whole year earns while it waits instead of sitting at 0% until it's spent.
Payroll taxes earn between runsWithheld and held until due — in a bucket that earns, remitted on time, with the trail the auditor wants.
The board reads it in one glanceBalances, yield earned and movement history, exported straight into the board packet.
How it works
From statement to earning
1Bring a bank statementWe look at what you hold, when, and for how long — and show you what it could earn, line by line.
2Open the accountThrough a licensed partner bank, under the institution's own name. Subject to approval.
3Name your bucketsOperating, campaign, payroll tax, reserves — we set them up with you on the onboarding call.
4Settle and earnProcessing settlements land same-day; every balance earns from day one; the board sees it live.
We specialize in lowering card rates for 501(c)(3) organizations: schools and shuls typically save 30–40% on card fees after we take over the account.
No-cost option: compliant surcharging or a pass-through line on your own tuition contract or dues statement — the institution pays nothing to accept cards, and ACH is never surcharged.
Every other platform earns more when you spend more. 613OS earns more when you collect more.
We earn on what flows through the platform — that's the whole model. Collect it, spend it, and earn on it — the complete money layer, from one company.
Explore more
Related
ACH — in & out$1 flat bank payments in; vendors, payroll and reimbursements out on the same rails.Learn more →Expense cardsPhysical and virtual cards with per-card budgets and receipts captured at purchase.Learn more →Reporting & analyticsBoard-ready dashboards — every number in the packet current.Learn more →
Frequently asked questions
Is 613OS a bank?
No. 613OS is a financial technology company, not a bank. Banking services and deposit accounts are provided through licensed partner banks, Members FDIC. Deposit insurance applies through partner banks up to applicable limits.
What earns yield?
Operating funds, campaign reserves, security deposits — and the payroll taxes you withhold and hold until they are due. Balances earn competitive interest from day one. Yield rates are variable and subject to change.
How fast are deposits available?
Processing settlements are available same-day — tuition collected Tuesday morning is spendable Tuesday afternoon.
What are the fees?
No maintenance fees, no minimum penalties, no per-transaction nickels — banking that doesn't bill you for holding your money.
Do we have to move our main account?
Funds settle to your own account either way — the institution signs its own merchant application and 613OS never holds your money. Bring a bank statement to the demo and we will show you, line by line, what your idle balances could earn and whether a move is worth it.
Let's talk about your numbers
Bring a recent processing statement and bank statement to your demo — we'll show you the savings and the yield, line by line.
613os.com/demo · 305-954-7362 · yoni@613os.com