At Amplify, our biggest priority is the safety of our member deposits. And because businesses and nonprofits often require a level of support above and beyond the banking needs of consumers, we are excited to now offer excess share insurance to organizations in our community. In this article, we will explain how businesses can receive up to $250,000...

Customer due diligence – often abbreviated as CDD – is a process that financial institutions, businesses, and other organizations use to gather information about their customers and members to identify and mitigate risks.  In this article, we will further break down the CDD questions included in the online application for business deposit accounts. ...