Core Bank

Core Bank is a licensed US bank that offers business accounts, payment services and a banking partnership proposition. Some programmes use it as a partner bank for infrastructure platforms; Increase's official website names it as one.

Services

The bank lists business accounts, banking partnerships and payments, with ACH as the payment channel named in the profile. Its published target segment is businesses and enterprises.

Partner-bank role

Being named as a partner bank does not mean that any fintech programme is accepted automatically. Each programme is reviewed individually, and the segments published by the bank are not a guarantee of eligibility.

Deposit protection

The bank states FDIC membership. Coverage applies only to eligible bank deposits and does not extend to every product or to investments, nor to the risks of a non-bank intermediary that may stand between the end customer and the bank.

Who it suits

The offer suits businesses that need an account and ACH payments, and technology platforms that look for a licensed bank behind their payment products. Pricing, programme requirements and the list of supported use cases are not specified in the profile, and should be clarified directly.