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Pay vendors and issue spend cards directly from PayHOA.

Treasury is a financial account powered by Stripe.12 Pay approved bills by ACH, give your board spend cards with limits, and see each transaction in your accounting.

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The Financial Accounts page in PayHOA for Maple Ridge HOA. The treasurer opens Move money, transfers $5,000.00 from the association’s operating account into Treasury Balance, reviews and confirms it, and the transfer shows as pending. A landscaping bill payment and a spend card purchase at a pool supply store then appear in recent activity. The card purchase stays within the card’s monthly spending limit.

What’s included

Run the association’s money from the place you already keep its books.

  • Pay vendors from your balance

    Send payments for HOA expenses to vendors and service providers straight from your Treasury balance.

  • Spend cards with limits

    Virtual and physical cards for authorized cardholders, with spending limits and allowed categories you set.3

  • Connected to your accounting

    Transactions sync with your PayHOA accounting, ready for you to categorize.

  • Activity your board can follow

    Payments, transfers and card charges show up in one dashboard as they happen.

Payments, transfers and card charges in one place

Whether you manage one association or several, each association’s Treasury balance keeps its activity in one dashboard. Homeowner payments show up grouped together, while transfers, bill payments, and card purchases each get their own line, so the board can see exactly where the money went.

Easily move money between accounts

Move money between your Treasury balance and your association’s connected bank accounts in a few clicks.

Issue spend cards for your board

Give board members their own spend cards, so they can buy what the association needs without fronting their own money. You set the limits and categories, and you can freeze a card anytime.3 Cards are for association business only.

Pay approved vendor bills by ACH

Vendor invoices go from approval to payment without leaving PayHOA. Once a bill is approved in Payables, send an ACH payment straight from your Treasury balance.

Built on Stripe

Treasury runs on Stripe’s financial infrastructure. Stripe Payments Company provides the money transmission and account services,1 and Stripe maintains PCI DSS, SOC 1 and SOC 2 compliance for its platform.

Gable, built into PayHOA

Gable in Treasury

Gable, your community’s AI assistant, helps you track the money that moves through Treasury. Ask where the money went, or have it categorize new transactions for your review.

See what Gable does
  • Answers

    “How much did we spend on our spend cards last month, by category?”

  • Tasks

    “Put every card purchase over $250 this quarter into a report for the board.”

  • Autopilot

    Categorizes new transactions overnight and leaves them for your review.

Works with Treasury

Questions about Treasury

Something else on your mind? Our US-based team is happy to walk you through it.

Talk to our team

Treasury is a financial account inside PayHOA that lets HOA managers and boards hold funds, pay vendors, move money, issue spend cards and track transactions in one place.1 It’s connected to your PayHOA accounting.

No. Treasury is a financial account provided through Stripe. PayHOA is a financial technology company, not a bank or a money transmitter.2 Stripe Payments Company provides the money transmission and account services, with funds held at Fifth Third Bank N.A., Member FDIC.1 Your association keeps its own bank accounts, and you can connect them to move money in and out.

No. Treasury works alongside your existing bank integrations, so you get more options without changing what you already use.

Transactions in your Treasury balance sync to your PayHOA accounting records, so your reports stay current without manual entry.

Apply from the Financial Accounts page in PayHOA. The application takes about 5 minutes, and review typically takes 1–2 business days. Some capabilities, like pulling funds from a connected bank account, are approved separately.

It can be. It’s your responsibility to know which insured institutions hold your funds. If you have other business-purpose accounts with the same institution where Treasury funds are held, the FDIC might aggregate all of your business account balances with that institution in applying the 250,000 USD limit.4 The FDIC generally does not, however, aggregate your personal accounts with your business accounts.5

No, FDIC pass-through insurance eligibility is applicable only in the event of a bank failure.45

Treasury accounts (powered by Stripe) are designed to be eligible for FDIC pass-through insurance.4 The FDIC makes the final determination about the availability of pass-through insurance at the time of a bank’s failure.5

Disclosures

  1. 1

    PayHOA partners with Stripe Payments Company (opens in a new tab) for money transmission services and account services with funds held at Fifth Third Bank N.A., Member FDIC. ↩

  2. 2

    PayHOA is a financial technology company, not a bank or a money transmitter. ↩

  3. 3

    PayHOA Visa® Commercial cards are powered by Stripe and issued by Celtic Bank. ↩

  4. 4

    USD balances in Treasury accounts can be eligible for FDIC pass-through deposit insurance if they meet certain requirements. The accounts are eligible only to the extent permitted by the rules and regulations of the FDIC, and if the requirements for pass-through insurance are satisfied. The FDIC insurance applies up to 250,000 USD per depositor, per financial institution, for deposits held in the same ownership category. ↩

  5. 5

    Neither Stripe nor PayHOA is an FDIC-insured institution. FDIC deposit insurance coverage only protects against the failure of an FDIC-insured depository institution. ↩