Hack Club Bank
Web and SaaS
banking for student groups
SHOW HN2019
141points
37comments
#317of 2,195 in 2019
Top 15%of 2019 by points
How HN took it
MixedNo clear lean
13 positive, 2 neutral or asking, 0 mixed, 3 critical, out of 18 comments about the project. Thread score +0.51.
Idea: 8 for, 1 against
The thread, comment by comment
Each row is a top-level comment and its replies, in HN's order. Select a cell to open that comment on HN.
positive neutral or mixed critical about another commenter or something else the maker
What HN said
What people liked
Useful for student hackathon organizers facing slow reimbursements
From 2 comments
A college hackathon organizer here (and former high school hackathon organizer). This is so useful. Dealing with high school/university administration takes up an incredible…
infinitebattery on HNEven as a college hackathon organizer, bank accounts were a huge hassle that almost sank our event. This is incredible. Every student should have the opportunity to go to a…
gailees on HN
Congratulations on the launch
From 3 comments
Amazing work y'all - this is incredible and no doubt going to impact so many young hackers building things.
pah861 on HNI’m consistently amazed by what the Hack Club team is able to accomplish – amazing launch!
zanedb on HNCongrats guys, great execution! Surely this can and should be applied to all sorts of other school clubs/events down the road, I know it would have been incredibly helpful for…
jakejarvis on HN
Empowers high school hackers
From 2 comments
Zach is killing it. Me and him had lunch about 3 years ago and to see this grow into something that is empowering hackers is heart warming. High school hackers are one of the…
ProjectBarks on HNAmazing! Young hackers I know have been so blocked by this problem. I don't think most people remember how suffocating it was be a high school student -- this will be a big…
XiZhao on HN
Objections
Minors signing contracts and liability concerns
From 2 comments
Overall interesting, except I wonder how they manage to make it legal since basically no jurisdiction anywhere lets anyone under age sign legal contracts. So some adult somewhere…
zie on HNYou are correct, anyone of any age can sign a contract, but a contract in almost all states with an under-age person means basically nothing, not even the paper it's printed on.…
zie on HN
Using the word bank may be regulated; banking is provided by Silicon Valley Bank
From 2 comments
Most states have laws on the books that forbid you from calling your business a "bank," "pharmacy," or other restricted business unless it actually is. Simply doing so is enough…
anon4lol on HNIs using the word bank allowed?
akeck on HN
Requests
Apply the model to other school clubs and events
From 1 comment
Congrats guys, great execution! Surely this can and should be applied to all sorts of other school clubs/events down the road, I know it would have been incredibly helpful for…
jakejarvis on HN
Questions
Is the word bank legally allowed in the name?
From 2 comments
Is using the word bank allowed?
akeck on HNMost states have laws on the books that forbid you from calling your business a "bank," "pharmacy," or other restricted business unless it actually is. Simply doing so is enough…
anon4lol on HN
Could schools or teachers sponsor students instead?
From 2 comments
Overall interesting, except I wonder how they manage to make it legal since basically no jurisdiction anywhere lets anyone under age sign legal contracts. So some adult somewhere…
zie on HN> Overall interesting, except I wonder how they manage to make it legal since basically no jurisdiction anywhere lets anyone under age sign legal contracts This is a popular…
dragonwriter on HN
Alternatives named
Fiscal sponsorship through schools or teachers
From 2 comments
Overall interesting, except I wonder how they manage to make it legal since basically no jurisdiction anywhere lets anyone under age sign legal contracts. So some adult somewhere…
zie on HN> Overall interesting, except I wonder how they manage to make it legal since basically no jurisdiction anywhere lets anyone under age sign legal contracts This is a popular…
dragonwriter on HN
Monzo and Starling Bank public APIs
From 2 comments
Keep an eye on Monzo and Starling Bank who offer public APIs :)
kennydude on HNIn the UK, Monzo has a fairly good API for reading your account details, balance and transactions. It's 'private access only' (can only access your account)…
madeofpalk on HN
Plaid
From 1 comment
Check out plaid.com (I have no affiliation) It’s an api service that integrates with most major banks.
liamcardenas on HN