Cash App Bank Name and Address: Everything You Need to Know

Cash App Bank Name and Address: Cash App has revolutionized the way people send and receive money, making financial transactions faster and more convenient. However, many users are often puzzled by one aspect of the app – its banking details. In this comprehensive guide, we will uncover everything you need to know about Cash App’s bank name and address, its associated routing numbers, and how it all works to facilitate seamless transactions.

Table of Contents

What is Cash App?

Cash App is a popular mobile payment service developed by Block, Inc. (formerly known as Square Inc.). It allows users to transfer money to one another using a mobile app, making it a convenient tool for splitting bills, paying rent, or making purchases. In addition to peer-to-peer payments, Cash App also offers features like Cash App Card (a Visa debit card), direct deposits, and investing in stocks and cryptocurrency.

Why Do You Need Cash App’s Bank Name and Address?

Knowing the bank name and address linked to your Cash App account is crucial for several reasons, including:

Direct Deposits: To set up direct deposits (like your paycheck or government benefits), you need to provide the bank name, routing number, and account number.
Tax Returns: When choosing to receive a tax refund via direct deposit to your Cash App account, you must supply accurate banking details.
Linking External Accounts: Connecting other bank accounts to your Cash App for easy fund transfers may require this information.
Verification Purposes: Some employers or financial institutions may request the bank name and address for verification.

What is Cash App’s Bank Name?

Cash App works with two partner banks for its financial operations:

Lincoln Savings Bank: Primarily handles the direct deposit services for Cash App users.
Sutton Bank: Issues the Cash App Visa Debit Card.

How to Find Out Which Bank is Linked to Your Account?

To find the bank linked to your Cash App account:

Open the Cash App on your device.
Go to the “Banking” tab.
Select “Direct Deposit” to view your routing and account numbers.
Copy the routing number and search it online to identify the bank or refer to the list below.

Cash App Bank Address and Routing Numbers

Different Cash App users may have different routing numbers based on their location. Here are the details:

Lincoln Savings Bank

Bank Name: Lincoln Savings Bank
Address: 508 Main Street, Reinbeck, IA 50669
Routing Numbers: Typically starts with 0739 (e.g., 073923033)

Sutton Bank

Bank Name: Sutton Bank
Address: 1 S Main St, Attica, OH 44807
Routing Numbers: Generally starts with 0412 (e.g., 041215663)

Note: Your routing number is unique to your Cash App account. Always double-check it in your app before setting up any direct deposits or payments.

How to Use Cash App’s Bank Details for Direct Deposits?

To set up direct deposits with Cash App:

Navigate to the “Banking” tab on your Cash App home screen.
Tap “Direct Deposit” and then “Get Account Number.”
Copy your account and routing numbers.
Provide these details to your employer or relevant authority for direct deposit setup.

Important: Make sure to use the exact bank name (Lincoln Savings Bank or Sutton Bank) and corresponding address associated with your routing number.

FAQs about Cash App Bank Name and Address

1. Can I Use Cash App for Receiving Paychecks and Government Benefits?

Yes, Cash App allows users to receive paychecks, tax refunds, unemployment benefits, and other government payments directly into their Cash App balance.

2. Is Cash App FDIC Insured?

Cash App balances are not FDIC insured. However, the funds held at the partner banks (Lincoln Savings Bank and Sutton Bank) are FDIC insured up to the allowable limits.

3. Can I Use Cash App as My Primary Bank Account?

While Cash App offers many banking features, it is not a traditional bank account. It’s recommended to use it as a supplementary financial tool rather than a primary bank account.

4. How Long Do Direct Deposits Take on Cash App?

Direct deposits are usually available within 1-3 business days, but Cash App also offers early direct deposits if received before payday.

Security and Privacy Considerations

Cash App prioritizes user security with the following measures:

Two-Factor Authentication (2FA): Enhances account security.
Encryption Technology: Protects user data during transactions.
Notifications: Alerts for any account activity for monitoring purposes.

However, users should be vigilant and avoid sharing sensitive details, such as PINs or account numbers, with anyone.

How to Contact Cash App Support for Banking Issues?

If you encounter any issues related to Cash App’s bank name or address, you can contact support by:

Opening the Cash App and navigating to “Profile” → “Support”.
Visiting the official Cash App website.
Reaching out via Cash App’s verified social media channels.

Conclusion

Understanding the Cash App bank name and address is essential for setting up direct deposits, linking external accounts, and ensuring smooth financial transactions. Since Cash App partners with Lincoln Savings Bank and Sutton Bank, knowing which bank is linked to your account helps you provide accurate details whenever needed.

By familiarizing yourself with your routing number and the corresponding bank details, you can maximize the utility of Cash App and enjoy hassle-free banking.

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