To add a funding source to withdraw funds into or make payments out of then you will want to make your way to the “Funding Sources” tab at the top of your dashboard. To add an account click on “Connect an account”.

Following this you will want to select your financial institution if the option is present and if not then you can start typing your institution’s name into the search box. Most financial institutions will have the option of either doing:

  1. Instant Account Verification- You will enter in your banking login credentials and then your account will be automatically verified.

  2. Micro Deposit Verification- Requires an account and routing number and then you will be sent two small deposits in 1-3 business days. Once these are received in the bank account then you will come back to your dashboard, enter those amounts in, and your account will be verified.

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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.