Chime has formed partnerships with two banks, The Bancorp Bank and Stride Bank, in order to better serve you and provide a better member experience overall. Your Chime account is uniquely associated with one of these financial institutions. There is no difference in terms of features, advantages, or the overall member experience between the two financial institutions.
It should be noted that Chime is a financial technology business rather than a bank. The Bancorp Bank or Stride Bank, N.A., members of the Federal Deposit Insurance Corporation, provide banking services and issue debit cards. The Annual Percentage Yield (″APY″) on the Chime Savings Account is variable and subject to change at any moment without notice.