In March of 2021, Square Financial Services officially launched its bank after receiving its Industrial Loan Company license from the FDIC a year prior. The Salt Lake City-based bank, is owned by ...

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The approval of Square Financial Services' Cash App Borrow expands access to short-term credit for consumers. Credit: davide bonaldo/Shutterstock. · Retail Banker International · davide ...

Square Financial Services, Inc. will continue to offer loans and banking options for businesses through Square Loans and Square Savings “Across Block we’re focused on building technology to increase ...

One of the hazards of being an incumbent competitor is legacy eyesight. It is easy to fall into the habit of seeing everything in the context of previous experience. So when the Utah industrial bank ...

SALT LAKE CITY--(BUSINESS WIRE)--Square Financial Services today launches the 21 Squared Grant Initiative in partnership with the Community Foundation of Utah. The grant program will award microgrants ...

DISTRIBUTED-WORK-MODEL/OAKLAND, Calif.--(BUSINESS WIRE)--Square Financial Services, Inc., a Utah state-chartered industrial bank and an independently governed subsidiary of Block, Inc. (NYSE: XYZ), ...

Block's XYZ banking subsidiary, Square Financial Services (“SFS”), has introduced Square High Yield Savings, allowing eligible Square sellers who maintain at least $10,000 in daily cash reserves in ...

The first line on the “About Us” page of the payments company started by Twitter CEO Jack Dorsey begins, “We believe everyone should be able to participate and thrive in the economy.” And Square has ...

Block, Inc. (NYSE: XYZ) announced its industrial bank, Square Financial Services, Inc. (SFS), has received approval from the Federal Deposit Insurance Corporation (FDIC) to begin offering the consumer ...

Square Financial Services, Inc. (SFS), a wholly owned subsidiary of Block, Inc. (NYSE: XYZ), today announced the launch of Square High Yield Savings, a new deposit tier that pays 3.50% APY to Square ...

Today, Block, Inc. (NYSE: XYZ) announced its industrial bank, Square Financial Services, Inc. (SFS), has received approval from the Federal Deposit Insurance Corporation (FDIC) to begin offering the ...