Reply from Grasshopper BankNov 19, 2025
Hello there,
We appreciate you for taking the time to share your experience. We’re very sorry to hear that it did not meet your expectations, and you feel that your concerns were not treated with care. As a federally regulated bank, we operate under strict guidelines that determine how we onboard clients and manage accounts. These rules are in place to keep our clients and our platform safe, though we recognize they can sometimes feel inflexible or confusing. We want to share that context openly, because these requirements shape our decisions.
Our records show that you did not complete the funding requirement upon account opening, thus leading to your account closure, after which any remaining funds were sent back to the external account that was linked and associated with your account on November 3, 2025. While this approach does not always align with every client’s needs or expectations, our intent is never to inconvenience you or give the impression that we are intentionally withholding funds. We understand this was not the desired outcome you hoped for, but we can assure you that these measures are in place to keep both our clients and our platform safe. We also removed you from all marketing communications, in line with your request, and no further marketing emails have been sent since your account was closed. The last email sent from us was delivered on 8/26. Please note that transactional or service-related communications tied to the management of your account are permitted under applicable regulations (such as those outlined in CAN-SPAM for transactional messages) and are not subject to the same opt-out requirements as marketing emails.
You should always feel heard and respected when you speak with us, and we will be sharing your feedback with our leadership teams so that we can keep improving the way we communicate and support clients, especially in sensitive situations. We also recognize that our bank may not be the right fit for every business, and we sincerely wish you the very best in finding a banking partner that aligns more closely with your needs.
Only forward,
Grasshopper Bank