What parent company bank does Square banking operate under the umbrella of?

What parent company banked the Square banking operate under the umbrella of?

1,181 Views
Message 1 of 3
Report
1 Solution
Square Community Moderator

Solution

Hi @MR_Massage760 ! Congratulations on making your first post. Welcome to the Seller Community. 

 

Square’s Bank Partner. Block, Inc. is a financial services company; not a bank. Square Checking is provided by Sutton Bank, Member FDIC. Square Debit Card is issued by Sutton Bank, Member FDIC pursuant to a license from Mastercard International Incorporated, and may be used wherever Mastercard is accepted.

 

You can see the additional Square Checking disclousures here. 

 

I hope this answers your question! 

View Solution >

1,119 Views
Message 3 of 3
Report
2 REPLIES 2

A quick Google turned up this:  Banking services are provided by Square’s banking affiliate, Square Financial Services, Inc. or Sutton Bank; Members FDIC.  Not sure if that's what you're looking for or not.

1,158 Views
Message 2 of 3
Report
Square Community Moderator

Solution

Hi @MR_Massage760 ! Congratulations on making your first post. Welcome to the Seller Community. 

 

Square’s Bank Partner. Block, Inc. is a financial services company; not a bank. Square Checking is provided by Sutton Bank, Member FDIC. Square Debit Card is issued by Sutton Bank, Member FDIC pursuant to a license from Mastercard International Incorporated, and may be used wherever Mastercard is accepted.

 

You can see the additional Square Checking disclousures here. 

 

I hope this answers your question! 

1,120 Views
Message 3 of 3
Report