In case you are in search of a mobile banking app that lets you easily access your funds, then you might surely want to consider Cash App as an option. This app is available on both iOS and Android devices and it lets you easily deposit and withdraw money from your bank account.
More to that, you can also use Cash App to pay for goods ands services online which makes it more appropriate for one to use for various online transactions.
Cash App is a popular digital banking and mobile payment app in the United States and it counts more than 30 million active users. Though the app is not a bank account, it offers banking services and debit card via its bank partners.
What is Cash App Bank name and Address? Now that you know Cash App offers banking services, you might surely want to know its bank name and address. Fortunately, you come to the right article, as we have explained all what one needs to know as related to this topic.
With that said, in this article, we will see whether Cash App is a bank and the name and address of the banks the app uses in order to offer financial services to users.
Table of Contents
What is Cash App?
Cash App is a popular mobile payment service that allows individuals to send, receive, and manage money conveniently. Developed by Square Inc., Cash App provides users with a range of financial services through their mobile app, making it easy to handle various transactions from the convenience of a smartphone.
Cash App emphasizes ease of use, convenience, and simplicity, making it a popular choice for individuals seeking a mobile payment and financial management solution. It has gained significant traction, especially among younger demographics, due to its user-friendly interface and range of useful features.
Is Cash App A Bank?
No, Cash App is a financial service provider that exist online and not a bank.
However, it offers its customers with banking services via its easy to use app but these banking services are powered by Cash App bank partners which include; Lincoln Savings Bank and Sutton Bank.
What is Cash App Bank Name And Address?
As earlier said in this article, Cash App is not a bank so if you are still asking yourself what is Cash App bank name and address, then you are yet to understand the point.
However, for the sake of your proper understanding, I will enumerate more about this topic so that you better digest this.
What is Cash App Bank Name and Address? Sure most Cash App users ask this question each time they have to receive direct deposits via the app.
Afterall, knowing more about Cash App and the various services it offers, will not cause you any issue.
As we move with this topic, it is good you understand that " Cash App is not a Bank". It is actually a financial service company that provides its customers with banking services via an app.
Since Cash App is not a bank existing on its own, it should have some banking partners that power the banking services which it offers to its users.
For Cash App to offer the banking services which you see in the app, Cash app operates with these two banks:
- Lincoln Savings Bank - which powers direct deposit in the app.
- Sutton Bank - which powers issuing of the Cash App debit card (also known as the Cash card).
As you can see, each Cash App's bank partner is used to power one or more banking services in the app and offer customers the most amazing banking experience they would not easily find out the in the competition.
Also, each of these Cash App bank partners has its own name and address.
Lincoln Savings Bank which is in charge of powering direct deposit in Cash App, has many addresses throughout Central and Northeast lowa with the mailing address being 360 Westfield Ave. Suite 6 Waterloo, IA 50701.
Sutton Bank which is the name of the bank that powers the issuing of the Cash Card operates 9 branch locations in Attica, OH, with their main office operating at the address; 1 S Main St Attica, OH 44807.
In a nut shell, Cash App Bank name and address are actually a combination of Sutton Bank and Lincoln Savings Bank address locations since these are the two main banks that powers the app's banking services.
Here is a table that shows the various Cash App bank's names and addresses.
Bank Name | Address | Routing Number | Account Number |
---|---|---|---|
Lincoln Savings Bank | 508 Main, PO Box E Reinbeck, IA 50669 | 073 902 422 | Your Cash App Account Number |
Sutton Bank | 1S Main St, Attica, OH 44807 | 041 215 663 | Your Cash App Account Number |
What is the Address For Cash App In The USA
CashApp's headquarters is located at 1455 Market Street, San Francisco - which is Cash App's main address in the USA.
What Is The UK Address For Cash App?
As seen on Cash App Terms of Service, Cash Service is provided by Squareup Europe Limited, a company incorporated in England and Wales with company number 08957689, whose head office is at 101 New Cavendish Street, 4th Floor, London, W1W 6XH ("Square Europe").
What is Cash App Bank Name and Number?
Most at times, the Cash App bank name and number comes into need when you want to fill out a direct deposit form.
Fortunately, it is very easy to find your Cash App bank name and number to fill out your direct deposit form and to do this, you will require the below information.
- Cash App Bank Name: Sutton Bank.
- Bank Address: 1 S Main St, Attica, OH 44807.
- Routing Number: Sutton Bank routing number - 041 215 663, or Lincoln Savings Bank Routing Number - 073923033.
- Account Number: Your Cash App Account Number.
What Bank Does Cash App Use?
Cash App makes use of two banks so as to offer the banking services you find within the app; Lincoln Savings Bank and Sutton Bank.
It is good you have in mind that these banks typically work in the background and you will not see them listed above any service that it powers in the app.
Whilst Cash App's bank partners are used to power banking services within the app, services such as the Brokerage and Bitcoin services are powered by Cash App investing LLC (a member FINRA/SIPC and subsidiary of Block, Inc) and Block, Inc. respectively.
Can I Use Cash App Without a Bank?
Yes you are able to enjoy Cash App's services without a bank account.
In fact, you can use Cash App as soon as you download the app and sign up for an account.
It is good you know that you will need to link a debit card to your Cash App account in order to use Cash App to transfer money on the platform.
Can You Use Cash App As a Bank Account?
Even though some other services might not agree with this, you can use Cash App as a bank account.
For instance, let us say you sign up for a digital payment service and you are asked to link a bank account.
You can make use of your Cash App routing and account numbers, which means you are linking your Cash App to this service and you use it without any problem. But the main issue lies in the fact that you cannot transfer money from the platform to Cash App as a bank account.
How to Find Your Cash App Bank
Cash App's bank partners power services which are made available for all users on the platform. But these banks often operate in the background and you will only be able to access Cash App's bank when using some specific features on the app, which include:
- When setting up recurring or one-time bill payments.
- When sending e-checks.
- When setting up direct deposit from an employer or benefits provider.
Is Cash App a Sutton Bank?
No! Cash App is neither a bank nor a Sutton Bank.
Nevertheless, Cash App makes use of Sutton Bank for the issuing of the Cash App debit card to customers.
Final Thoughts: What Is Cash App Bank Name And Address?
Cash App is a popular peer-to-peer payment service that allows users to send and receive money conveniently. While Cash App facilitates financial transactions, it does not function as a traditional bank itself. In this article, we have explored the bank relationship behind Cash App and provide some information regarding the associated bank's name and address.
Cash App works in collaboration with specific banks, primarily Sutton Bank, to manage the funds of its users. While the specific bank name and address associated with your Cash App account are not publicly disclosed, it is important to recognize that Cash App operates within the regulatory framework of financial institutions, prioritizing security and compliance to ensure the safe handling of funds.
If you require precise details regarding the bank relationship associated with your Cash App account, the best course of action is to consult official Cash App resources or contact their customer support for accurate and up-to-date information.
Frequently Asked Questions
What is Cash App bank address?
Cash App's headquarters are located at 1455 Market Street, San Francisco. However, Cash App does provide basic financial services through two FDIC-insured bank partners: Sutton Bank and Lincoln Savings Bank. Sutton Bank manages the Cash Card. Lincoln Savings Bank handles deposits directly from outside payees.
What is the Cash App bank name?
Cash App is actually partnered with two banks, Lincoln Savings, and Sutton Bank.