Who is the parent company of Sutton Bank? (2024)

Who is the parent company of Sutton Bank?

This is how Centran Corporation which purchased Mid-Ohio Bancshares in 1972, the parent company of Sutton Bank, conducted intrastate branching by purchasing banks or other holding companies in several parts of Ohio.

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What Bank is connected to Sutton Bank?

Both partnering banks of Cash App, Lincoln Savings Bank and Sutton Bank, are FDIC-insured, securing funds up to $250,000. Cash App has used Lincoln Savings Bank for direct deposits since 2017.

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Is Sutton Bank a US Bank?

Sutton Bank is a privately held independent, community bank founded in 1878 and currently headquartered in Attica, Ohio.

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Is Sutton Bank affiliated with Cash App?

Sutton Bank issues the Cash Card. Sutton Bank does not issue or support Square Cash App, which is a product of Square, Inc. If funds are available, your Cash Card account is loaded with funds from your Cash App when you use your card in making purchases or ATM withdrawals.

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Who regulates Sutton Bank?

We are supervised by the FDIC and the Division of Financial Institutions - Ohio Department of Commerce, and take pride in conducting our activities in compliance with both the letter and the spirit of the law. I. Federal Deposit Insurance Fund.

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What bank is Cash App associated with?

Cash App, a financial services platform developed by Square, Inc., partners with two FDIC-insured banks, Sutton Bank and Lincoln Savings Bank, to provide users with banking functionalities such as debit cards, direct deposit, and bill pay.

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Who owns Cash App now?

Who Owns Cash App? Cash App is owned by Block, Inc. It is a peer-to-peer (P2P) payment system.

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Is Sutton Bank a safe bank?

Online Banking is extremely secure. Sutton Bank's internet banking uses Secure Socket Layer (SSL) technology to encrypt your personal information such as User IDs, passwords and account information over the Internet.

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Is Sutton Bank backed by the FDIC?

Your funds will be held at or transferred to Sutton Bank, an FDIC-insured institution. Once there, your funds are insured up to $250,000 by the FDIC in the event Sutton Bank fails, if specific deposit insurance requirements are met and your card is registered.

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Is Sutton Bank a major bank?

Sutton Bank is headquartered in ATTICA and is the 18th largest bank in the state of Ohio. It is also the 523rd largest bank in the nation. It was established in 1878 and as of December of 2023, it had grown to 187 employees at 9 locations. Sutton Bank has an A health rating.

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Which prepaid card uses Sutton Bank?

CaesarsCasino.com Prepaid Card Play+ is offered by Sutton Bank. There is no charge to obtain an account and no charge to activate your account.

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Can I use Sutton Bank for direct deposit?

Electronic direct deposits will be available on the day we receive the deposit. Once the funds are available, you can withdraw them in cash and we will use the funds to pay checks that you have written.

Who is the parent company of Sutton Bank? (2024)
Does Wells Fargo own Cash App?

Cash App isn't a bank. Instead, it's a P2P mobile payment app that uses partner banks. What bank does Cash App use? Sutton Bank issues Cash App's debit card and Wells Fargo insures Cash App balances up to $250,000 — as long as you have a Cash Card.

Is Sutton Bank an online bank?

Online Banking

Manage a number of banking activities anytime, anywhere with internet access: Access eStatements. View account balances and history. Transfer funds between accounts (one-time and recurring transfers)

Does Sutton Bank have physical locations?

Sutton Bank locations

Sutton Bank is headquartered in Attica, OH and has 6 office locations located throughout the US. See if Sutton Bank is hiring near you. Do you work at Sutton Bank?

Does Sutton Bank have checking accounts?

Free checking that pays high interest!

Free digital banking, including: Free online banking with bill pay. Free mobile banking* with mobile deposit. Free eStatements.

Does Cash App have its own bank?

Cash App is a financial services platform, not a bank. Banking services are provided by Cash App's bank partner(s). Prepaid debit cards issued by Sutton Bank. Brokerage services by Cash App Investing LLC, member FINRA/SIPC, subsidiary of Block, Inc.

What happens when you buy $1 of stock on Cash App?

You can invest as little as $1 in Cash App to purchase stocks, ETFs, fractional shares, or bitcoin. Depending on the asset and current market rates, you may have to pay more. Any money earned through your investment account can be automatically transferred into your Cash App balance.

Is my money safe in Cash App?

With a Cash App Card, your Cash balance is FDIC-insured* through our partner banks, which means the federal government promises to protect it. Bitcoin and investing** balances are not covered by FDIC Insurance.

Is Cash App owned by China?

Cash App is a peer-to-peer (P2P) payment service owned by Block, Inc., a leader in the financial technology industry.

Who owns Venmo and Cash App?

The Financial Technology Association, a lobbying group for companies including PayPal, parent of Venmo, and Block, which owns Cash App, defended its members' practices, saying they explain their policies in “clear and easy-to-understand” terms and give priority to consumer protection.

Who owns Zelle?

Zelle (/zɛl/) is a United States–based digital payments network run by a private financial services company owned by the banks Bank of America, Truist, Capital One, JPMorgan Chase, PNC Bank, U.S. Bank, and Wells Fargo.

Which bank is most trustworthy?

Top 15 Bank Brands Ranked – 2022 America's Most Trusted Study
  • Ally Bank.
  • Citizens Bank.
  • Bank of the West.
  • US Bank.
  • SunTrust.
  • Union Bank.
  • Wells Fargo.
  • HSBC.

How big is Sutton Bank?

The Figures
AssetsLiabilities
Investments4,376,000554,000
Premises & Equipment117,000398,000
All other items199,000
Total$15,501,000$15,501,000
2 more rows

How do I get my money from Sutton Bank?

You may access your account(s) by ATM using your Sutton Bank Check Card or Sutton Bank ATM Card and personal identification number (PIN) to make deposits, get cash from your account(s), transfer funds between your accounts, or make balance inquiries on your account(s).

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