Founded in 2009, ADM provides a modern cash solution including deposit and balance sheet management for both financial institutions and technology companies through proprietary technology and an experienced team

ADM joins a growing group of diverse industry leading fintech companies focused on driving access, transparency, consumer protection, and regulatory compliance‍

Washington, D.C. (January 17, 2024) – The American Fintech Council (AFC), the premier industry association representing responsible fintech companies and innovative banks, has announced that The American Deposit Management Company (ADM) has become its newest member. ADM will join a growing group of diverse industry-leading fintech companies building the future of financial services with a focus on access, transparency, consumer protection and regulatory compliance.  

“ADM combines the latest innovation in financial services with the responsible human touch and attention to simplify seemingly complicated money management,” said Phil Goldfeder, Chief Executive Officer of the AFC. “ADM will join a fast-growing group of financial service companies that are committed to creating standards and regulatory practices to ensure a safe, transparent and reliable future of finance.”

A national award-winning treasury management and financial services company, ADM provides a modern cash solution for both financial institutions and technology companies. Deposit and balance sheet management is simplified through their proprietary technology and an experienced team that provides additional flexibility, safety, and yield for large cash balances. Since 2009, they have been a premier partner across many sectors, including the ever-evolving fintech space.

“ADM aims to exceed industry standards by continually updating our innovative technology and growing our team to provide our partners with best-in-class service and experiences,” said Elle Goetzke, Chief Operating Officer at the American Deposit Management Company. “AFC continues to grow and has become the leading voice for the responsible financial services and fintech ecosystem and we are excited to work alongside them.”

AFC supports the next generation of fintech companies and innovative banks at the intersection of technology and financial services. AFC is the premier trade association representing the largest fintech companies and the innovative banks that power them. Their mission is to promote a transparent, inclusive, and customer-centric financial system by supporting responsible innovation in financial services and encouraging sound public policy. AFC members foster competition in consumer finance and pioneer products to better serve underserved consumer segments and geographies.