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Are you waiting for direct deposit but it needs your banking details? You may be wondering what bank is Cash App. You will get the answer with quick details.

Is Cash App a Bank or a Financial App?

Cash App is not a bank, but a financial facility to offer quick money transfer, direct deposit, buying/selling stocks, and using a debit card. But, all of these facilities are offered by its partnered banks. The two banks associated with Cash App. Get to know about them.

What Bank Is Cash App

The two banks have partnered with the Cash App, namely, Sutton Bank and Lincoln Savings Bank. Each one has its own work. For example, Sutton bank facilitates cash cards, while Lincoln Bank takes care of general transactions.

Is Cash App FDIC Insured?

Not directly, but your funds are insured by Cash App’s partnered banks. You can get up to $250,000 per depositor as per your cash app balance.

Final Words

If you want to know the Cash App bank name, they are Sutton and Lincoln Savings Bank. Plus, each one offers different tasks. To know more about each bank, tap the link here.