What is Chime Bank Name? (Here’s What You Need to Know)

We all love using our debit or credit cards at checkout. The convenience is unrivaled. After all, you don’t have to carry cash around with you anymore. Traditional banks offer a lot. 

But did you know that fintech banks offer better services than traditional banks, which you might not have known existed? 

Fintech bank services are nimble and agile in contrast to the slow adaptability of traditional banks to customers’ demands. They can innovate faster and respond to customers’ needs.

They offer a more streamlined and efficient user experience than traditional banks. They also typically have lower fees and provide a wider range of services. 

Because they are newer companies, fintech banks are often more innovative and responsive to customer needs than their older counterparts. 

And with an emphasis on mobile banking options, they are typically more accessible than their predecessors.

So, what is Chime Bank’s name?

Chime is not a bank. Yes, you heard me right. In fact, they were queried by the California Department of Financial Protection and Innovation for ascribing the word “bank” to themselves. A name reserved for traditional banks. 

Chime is a financial technology company– fintech– partnered with other companies that offers online banking services to customers.

This digital bank provides banking services to customers without having a single branch. They also ensure that no fee is charged for any transaction made by their customer.

Chime was founded by Chris Britt and Ryan King in 2012 and is headquartered in San Francisco, California, United States.

So far, the digital bank has been insured for $250,000 by its partners– Stride and Bancorp Bank. Apart from charging absolutely nothing for opening an account, no minimum balance is required in the account, and its transactions are incredibly fast.


But What Exactly Is The Bank’s Name?

Chime Bank is partnered with two banks, Stride bank and Bancorp Bank. When customers intend to make a direct deposit to their account, the deposit goes through these two banks. 

Hence, it is important to be well informed about these banks to know where to deposit the cash.

The details of the banks are:

Stride Bank N.A. (324 West Broadway Avenue, Enid, OK 73701).

The Bancorp Bank is located at 6100 S Old Village Pl, Sioux Falls, SD 57108.

Also READ:What Bank is Cash App On Plaid? A Comprehensive Guide

What Type Of Card Does Chime Bank Issue?

As stated earlier, chime bank is partnered with two different banks. These banks are responsible for the cards issued for customers’ use. 

Stride bank is solely in charge of the Visa Credit Builder bank. On the other hand, the Visa debit card is issued by both Stride and Bancorp.

Stride Bank, initially called Central State Bank, was founded in 1913 by A. E. Stephenson. The bank provides typical traditional bank services like loans, savings, mortgages, investments, etc. 

It is headquartered in Oklahoma and holds no less than $800 million in assets.

On the flip side, Bancorp bank was established in 2000 and is currently Headquartered in Wilmington, Delaware, United States.  

The company meets the need of non-banking institutions by providing them with people, processes, and technology. It is one of the two partners of Chime bank.

How Do You Locate Your Chime Bank Name?

Your chime Bank name can be located on any of the following:

  • Chime debit card: chime bank’s name is visible on the back of the debit card issued by a chime. 
  • Chime mobile app or website: Using the mobile app or website, customers can locate the bank’s name when they are in Settings–a Move Money a Direct Deposit.
  • Customer service: just like every other bank– Traditional and Digital– customers can easily make inquiries by contacting their customer service. You can contact them by either calling 844-244-6363 or messaging them through their email support@chime.com.
  • Account agreement: Customers can verify the bank’s name by checking the account agreement between the customer and chime bank. 

What Time Will You See The Chime Deposit?

Chime has no specific time for deposit. But the bank ensures that your payroll appears in your account at 9:00 am EST on a regular day. 

Be rest assured that Chime Bank doesn’t hold back funds. You will have access to your money once it is deposited in your account. 

Can You See The Chime Deposit On Weekends?

When it comes to deposits, Chime Bank operates like a typical traditional bank. Hence, direct deposits do not occur on weekends. 

Hence, the bank ensures that scheduled deposits are received two business days prior and deposited in the customer’s account. 

Does Chime Deposit On Holidays?

No, chime doesn’t make deposits on holidays. Holidays like Weekends are exempted from receiving deposits. 

Hence deposits made on days categorized as holidays will be delivered the next business day.


How Do You Initiate Direct Deposit On Chime Bank?

The simplicity of the Chime bank can make you offload your traditional bank. The ease customers enjoy when making deposits is unequaled. 

To make deposits, you can use the Chime app or website, depending on which one you find convenient. 

The process involved includes:

  • Open Chime App or website.
  • Log in
  • Locate and Click “Move Money”
  • Locate and click “Move your direct deposit.” 
  •  Locate and click “Find employer.”
  • Input the name you wish to deposit to.
  • Then click “Continue” to finalize the process.


Chime Bank is an online bank that offers its users several benefits, including automated savings, no minimum balance requirements, and no monthly fees.

It helps you to save money. With chime bank, you can automatically have your paycheck deposited into your account and then automatically transferred to different savings or investment accounts. This can help you save money without having to think about it.

The bank also offers great features that can make banking easier for you. For instance, chime bank offers an app that allows you to check your balance and transactions and transfer money between accounts. This makes it easy for you to keep track of your finances on the go.

As a member of the FDIC, the bank is insured by its partners. Knowing that your money is safe if something happens to the bank gives you peace of mind.

Lastly, the bank has a good customer service team. They are always available to help with any questions or concerns you may have. Plus, they offer 24/7 support, so you can get help whenever needed.