Monarch Money seamlessly integrates with a wide array of financial institutions, including many popular US banks, to provide a comprehensive overview of your financial accounts.
Monarch utilizes default data providers, such as Plaid and Finicity, to establish secure and reliable connections with various financial institutions. These providers facilitate the daily synchronization of your transaction data, helping you keep your finances up-to-date within the Monarch platform.
Popular US Banks and Their Connection Statuses
Below are examples of some popular US institutions that Monarch Money syncs with, along with their primary data provider and their typical success rate for daily data synchronization:
| Bank Name | Default Data Provider | Success Rate for Daily Syncs |
|---|---|---|
| Chase | Plaid | 91% |
| Citibank | Finicity | 83% |
| Discover | Finicity | 89% |
| Fidelity | Finicity | 79% |
It's important to note that while the above lists some prominent examples, Monarch's connection network extends to thousands of banks, credit unions, and other financial institutions across the United States. Sync success rates can vary based on the specific institution and ongoing technical factors, but Monarch continuously works to optimize these connections for reliability.
