Piermont Bank

Piermont Bank is a US bank that provides embedded banking and API banking for companies needing their own banking product or automated payments. It is a licensed bank, and programme terms and fintech partner connections are reviewed separately from ordinary account opening.

Services

The listed services are embedded banking, API banking and business accounts, with ACH as the payment channel. Through the API, a partner can open accounts, move money and build its product on the bank's licence.

Customers

Published target segments are fintech companies, banks and financial institutions, and businesses or enterprises. That shows where the bank is focused, but it does not guarantee that any applicant will be accepted.

Deposit insurance

The bank states that it is an FDIC member. FDIC coverage applies only to eligible bank deposits, not to every product or investment and not to the risk of a non-bank intermediary that holds customer funds.

Who it suits

Fintech companies and software platforms in the United States that want a licensed bank behind their accounts. Before committing, a partner should ask about programme structure, compliance requirements, onboarding timelines and pricing, which are discussed individually.