Who Does Cash App Bank With? – Understanding Cash App’s Banking Partners

Cash App, developed by Square Inc., is a popular peer-to-peer payment app that allows users to send and receive money, invest in stocks and Bitcoin, and even get a Cash App Card for easy access to their funds. One of the notable features of Cash App is its ability to provide users with a digital banking experience, complete with a routing and account number. But have you ever wondered who Cash App banks with to provide these services?

In this article, we’ll explore the banking partnerships behind Cash App and how they enable the app to offer banking features to its users.

Cash App Banking Services

Cash App has evolved beyond being just a simple payment app. Users can open a Cash App account and receive a routing and account number, essentially giving them access to banking features such as direct deposit, paying bills, and even receiving their tax refunds. This is made possible through Cash App’s partnership with Sutton Bank, a regional bank based in Ohio.

Sutton Bank – Cash App’s Banking Partner

Sutton Bank, a community bank established in 1878, is the financial institution that powers the banking services offered through Cash App. Sutton Bank is a member of the Federal Deposit Insurance Corporation (FDIC), which means that the funds held in Cash App accounts are FDIC-insured, providing users with a level of security and peace of mind.

The partnership with Sutton Bank allows Cash App to offer a range of banking features, including:

  1. Direct Deposit: Users can have their paychecks, government payments, or other income directly deposited into their Cash App account, eliminating the need for a traditional bank account.
  2. Cash Card: Cash App users can order a Cash Card, which is a physical and virtual debit card linked to their Cash App account. This card can be used for purchases, ATM withdrawals, and even to make payments using the funds in their Cash App balance.
  3. Bill Payments: Users can pay bills directly from their Cash App account, making it a convenient way to manage their financial obligations.
  4. Bitcoin and Stock Investments: Cash App also allows users to invest in Bitcoin and stocks, providing an additional layer of financial services.

FDIC Insurance

The fact that Cash App’s banking services are backed by Sutton Bank and FDIC insurance is a critical point for users. FDIC insurance covers up to $250,000 per depositor, per insured bank, in the event of a bank failure or other financial difficulties. This means that users’ money in their Cash App accounts, including their direct deposits, is protected up to that limit.


Cash App, with its user-friendly interface and versatile features, has become a popular choice for individuals looking for a digital banking experience without the need for a traditional bank. The partnership between Cash App and Sutton Bank, combined with FDIC insurance, offers users the convenience and security of a bank account without the hassle of maintaining a traditional banking relationship. This partnership makes Cash App a practical and straightforward financial tool for users seeking a modern approach to managing their finances.

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