.png)
LOUD for Tomorrow needed its own banking infrastructure to support a more complex, independent organization
After nearly eight years under fiscal sponsorship, LOUD's ambitions had outgrown the model that helped launch it. With plans to establish an endowment, acquire office space, increase financial oversight, and eventually operate as both a 501(c)(3) and 501(c)(4), the organization needed direct control over its own finances. Graduation from fiscal sponsorship required building that infrastructure from scratch.
LOUD evaluated recommendations from nonprofit partners and demoed several traditional banks, but found their technology, security controls, and cash management tools lacking. Most felt like relics of a different era.
"it became very clear to us that... they weren't moving forward with their technology. It felt like the same bank that my parents use.” — Jose Salvador, Co-Founder & Executive Director, LOUD
LOUD selected Crescent for its high-yield banking, fund protection, and a product roadmap built for growth
Crescent differentiated itself early in the evaluation process when Jose asked a question most banks couldn't answer well: what's on your product roadmap? Unlike legacy institutions, Crescent shared its roadmap transparently — demonstrating a commitment to evolving alongside the organizations it serves.
The platform met every requirement the board had set. Through its direct connection to the IntraFi network, LOUD's deposits are protected by millions in aggregate FDIC insurance†. A high-yield operating account1 keeps reserves earning a competitive rate* while remaining fully liquid for same-day access. And role-based permissions give leadership and board members tiered visibility into accounts, safeguarding funds without sacrificing transparency.
“I think it's important for us to have a banking partner that is looking towards the future and is always ready to listen and improve their product.” — Jose Salvador, Co-Founder & Executive Director, LOUD
With Crescent, LOUD for Tomorrow has direct control over its finances and reserves positioned to work for the mission
Upon graduating fiscal sponsorship, LOUD deposited its operating budget into a high-yield Crescent account*, funds that previously sat idle earning no interest under their fiscal sponsor. Fully liquid and protected through the IntraFi sweep network†, the balance is projected to earn thousands in interest by year-end.
LOUD has direct control over banking operations and visibility into how reserves are managed with Crescent. The leadership team and board members have role-based access to accounts maintaining appropriate security controls.
Crescent is the banking partner that will grow alongside LOUD for Tomorrow as they scale into a multi-entity structure and expand their impact.
""We're able to make our money work for us and be able to decide our future through that." — Jose Salvador, Co-Founder & Executive Director, LOUD