What Banks Are You Using for HoldCo & Related Entities?

July 06, 2025
by a searcher from Vanderbilt University in Denver, CO, USA
Hi all,
Seeking advice from others with OpCo, PropCo, HoldCo entity structures.
A partner and I are a month into operating our first acquisition, and we're still establishing the financial stack across our entities. We currently use Mercury as our bank for the OpCo, but we're evaluating alternatives for the rest of the structure.
Here’s our setup:
- Operating Company: already on Mercury, though disappointed that our treasury holdings won't get any interest unless we use another institutions for reserves. Considering using Ramp for this since they're our Bill Pay solution.
- HoldCo: wholly owns the OpCo only
- PropCo: owns the commercial property and receives rent payments
- Two Personal LLCs: each partner has their own, and each LLC owns part of the RE entity
None of these non-OpCo entities need complex features, as transaction are very limited with them... but we still want separate bank accounts for them. We’re primarily looking for:
- High-yield deposit options for relatively low balances (<100k in most cases)
- Virtual-first access and clean UX
- Support for multiple entities under a single login, if possible, though I know that's possibly a stretch
- Low/no fees
- ACH and occasional wire support
Would love to hear from other HoldCo owners:
- What banks/platforms do you use for your HoldCos, RE entities, or personal LLCs?
- How important is yield to your setup?
- Any unexpected wins or headaches to be aware of?
Thanks in advance!
from Georgetown University in Helena, MT, USA
in Denver, CO, USA