What Bank Does Cash App Use? Understanding the Financial Infrastructure Behind Cash App

By cashv

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Cash App has revolutionized the way we handle digital payments, providing a seamless and convenient platform for sending and receiving money. As a Cash App user, you may have wondered about the underlying financial infrastructure that powers this innovative service. In this article, we’ll explore the bank relationship of Cash App and shed light on the financial institution behind its operations.

The Banking Partnership of Cash App

Cash App is owned and operated by Square, a financial technology company. When it comes to the banking aspect of Cash App, it collaborates with Lincoln Savings Bank, a member of the Federal Deposit Insurance Corporation (FDIC). Lincoln Savings Bank serves as the banking partner for Cash App, providing the necessary financial infrastructure and regulatory compliance to support its operations.

As a user, your funds in Cash App are held in an FDIC-insured account at Lincoln Savings Bank. This means that your money is protected up to the maximum limit allowed by the FDIC, providing an added layer of security for your funds.

The Role of Lincoln Savings Bank

Lincoln Savings Bank plays a crucial role in enabling Cash App’s functionality. It handles the storage of user funds, facilitates transactions, and ensures compliance with banking regulations. While Cash App provides the user interface and mobile app experience, Lincoln Savings Bank handles the backend banking operations that make it all possible.

By partnering with a reputable and FDIC-insured bank like Lincoln Savings Bank, Cash App ensures that user funds are secure and protected. The collaboration allows Cash App to leverage the banking expertise and regulatory framework of Lincoln Savings Bank, providing users with a reliable and trustworthy platform for their financial transactions.


Cash App’s banking partnership with Lincoln Savings Bank underpins its financial operations, ensuring the safety and security of user funds. By leveraging the expertise and regulatory compliance of Lincoln Savings Bank, Cash App offers users a seamless and reliable platform for sending and receiving money.

Understanding the bank relationship of Cash App provides insights into the robust financial infrastructure that supports its operations. The collaboration with Lincoln Savings Bank helps maintain the trust and confidence of Cash App users, knowing that their funds are held in an FDIC-insured account.

So, the next time you use Cash App to make a payment or receive money, remember that behind the scenes, Lincoln Savings Bank is working hand in hand with Cash App to provide you with a secure and efficient digital payment experience.


  1. Is Lincoln Savings Bank the only bank that works with Cash App? Yes, Cash App’s banking partnership is exclusively with Lincoln Savings Bank. Cash App does not work with multiple banks for its operations.
  2. Does Cash App share user information with Lincoln Savings Bank? Cash App and Lincoln Savings Bank have a necessary relationship to facilitate financial transactions. However, they handle user information in accordance with their respective privacy policies and applicable regulations. It’s recommended to review the privacy policies of Cash App and Lincoln Savings Bank for detailed information.
  3. Is my money safe in Cash App with Lincoln Savings Bank? Yes, your money in Cash App is held in an FDIC-insured account at Lincoln Savings Bank, providing a level of protection up to the maximum limit allowed by the FDIC. This ensures the safety of your funds within the banking system.
  4. Can I open an account directly with Lincoln Savings Bank for Cash App? Cash App operates as a separate entity, and you cannot directly open an account with Lincoln Savings Bank for Cash App. To use Cash App, you need to download the app and create an account through the Cash App platform.
  5. Can I link my own bank account to Cash App? Yes, Cash App allows you to link your own bank account to facilitate transfers to and from Cash App. This provides flexibility in managing your funds and allows for easy transfers between your bank account and Cash App balance.
  6. What happens if there is an issue with my funds in Cash App? If you encounter any issues with your funds in Cash App, it’s recommended to contact Cash App’s customer support. They will assist you in resolving any account-specific concerns or discrepancies.
  7. Does Cash App have its own banking license? Cash App itself does not hold a banking license. Instead, it operates as a platform that partners with Lincoln Savings Bank to provide banking services to its users. Lincoln Savings Bank holds the necessary banking licenses and operates under the regulatory framework.
  8. Can I trust the security of my personal and financial information with Cash App? Cash App takes security seriously and employs measures such as encryption and two-factor authentication to protect user information. However, it’s important to practice good security habits, such as using strong passwords and keeping your device and app updated, to further safeguard your personal and financial data.