What Is Cash App Bank Name & Address?

Cash App is a mobile payment service developed by Block, Inc. that allows users to send and receive money using a smartphone app. It’s partnered with Lincoln Savings Bank and Sutton Bank to provide banking services to its customers.

Both Lincoln Savings Bank and Sutton Bank are FDIC-insured banks, which means that funds are insured up to $250,000. By extension, funds in your Cash App account are secured and protected up to $250,000.

In this article, we are going to list the names and addresses of Cash App’s banking partners and answer the related questions.

What banks does Cash App use?

There are two banks providing traditional banking services to Cash App users – Lincoln Savings Bank and Sutton Bank. Both banks are members of the Federal Deposit Insurance Corporation (FDIC), which means that customer accounts are insured by up to $250,000. Below, you will find key information about each bank.

1. Sutton Bank

Sutton Bank is a community bank based in Sutton, Ohio. Like many community banks, its primary focus is on serving the financial needs of individuals, families, and businesses in its local community and surrounding areas.

Key information about Sutton Bank:

• Full bank name: Sutton Bank
• Address: 1 S Main St Attica, OH 44807
• Routing number: 041215663
• Account type: Checking
• Number of branches: 8
• Assets: ~$1.2 billion
• Phone: (800) 422-3641
• Website: https://www.suttonbank.com/

2. Lincoln Savings Bank

Lincoln Savings Bank is a financial institution with a history dating back to 1902. It has operated in the state of Iowa, USA, for over a century. Lincoln Savings Bank provides a variety of traditional banking services, including deposit accounts, lending services, online banking, and business banking.

Key information about Lincoln Savings Bank:

• Full bank name: Lincoln Savings Bank
• Address: 508 Main Strееt Rеinbеck, IA 50669
• Routing number: 073905527
• Account type: Checking
• Number of branches: 17
• Assets: ~$1.8 billion
• Phone: (800) 588-7551
• Website: https://www.mylsb.com/

What bank is Cash App on Plaid?

Cash App uses Lincoln Savings Bank as its traditional banking partner for Plaid. Plaid is a financial technology company that provides a platform for connecting financial accounts to third-party apps and services. This allows users to share their financial data with these apps and services without having to provide their login credentials, increasing convenience and security.

What is Cash App’s bank’s name?

The names of Cash App’s two banking partners are Lincoln Savings Bank and Sutton Bank. It is worth noting that Sutton Bank was the first bank used by Cash App, but the company added a second partner when its business started expanding.

What bank does Cash App use?

Cash App uses two US banks – Lincoln Savings Bank and Sutton Bank. Both banks are FDIC-insured up to $250,000. Unfortunately, both LSB and SB don’t have any instant sign-up bonuses for users. If you want to find banks that give you money when depositing funds, check our selection of the best instant sign-up bonus banks.

What bank does Cash App use for direct deposit?

Cash App uses two FDIC-insured bank partners for direct deposit: Sutton Bank and Lincoln Savings Bank. Sutton Bank provides services related to the Cash App prepaid debit card (Cash Card) and is by far the more visible bank partner.

The bottom line

Cash App is a popular payment service that supports both fiat transfers and cryptocurrencies like Bitcoin. It is important to note that Cash App is not a bank itself. It is a financial services platform that partners with banks like Sutton Bank and Lincoln Savings Bank to provide its services.

If you want to explore other financial services that blend the distinction between traditional finance and crypto, check out our list of the 10 best crypto-friendly banks.

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