Relax, your budget’s already handled

Use Reserves to automatically put money aside for taxes, payroll, profit, expenses and more with simple, powerful budgeting tools.

Open an account

Auto-allocate funds

Create up to 20 Reserve categories

Tailor categories to fit your business

Set it, forget it

Reach your savings goals faster. Create a goal in Reserves, then choose how much you’d like to allocate towards that goal. Novo will automatically put aside funds on your schedule, at a rate you choose.

Expect the unexpected

With Reserves, you can easily manage bills and set aside funds. Stay prepared for sudden expenses and keep your business running smoothly, no matter what’s around the corner.

Your business, your categories, your budget

Create up to 20 custom categories to match your budgeting needs. Instantly allocate money to Reserves and even make payments directly from them.

Novo is a fintech, not a bank. Banking services provided by Middlesex Federal Savings, F.A. Member FDIC.