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by jamesgagan
5388 days ago
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I think you are wrong - From their own FAQ:
So, what’s the deal...are you a bank?
No, but we replace your current banking relationship. That is, BankSimple provides a modern online banking experience, top-notch customer service, and beautiful mobile apps. Our partner banks hold our customers’ funds in FDIC-insured products and ensure regulatory compliance. BankSimple’s partner banks aren’t large banks, and have been chosen for the safety of their balance sheets and technological capabilities. https://banksimple.com/faq/#whatthedealis |
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