Sponsor bank tracked in the Embedded Finance Index. Named by 43 companies, most often as their sponsor bank.
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43 companies name Community Federal Savings Bank in their stack. The most common role is sponsor bank (37). A company can use the same bank for more than one thing.
Founded 2001 as a small NY community thrift, CFSB pivoted around 2016 into Banking-as-a-Service, becoming one of the go-to US sponsor banks for fintechs — powering Wise, Revolut, Payoneer, Chime-adjacent apps, cross-border payment processors, and card programs. Its payment-processing line grew dramatically after 2020, particularly cross-border wire and ACH flows involving foreign financial institutions. That growth attracted regulatory attention: an FDIC consent order in Feb 2024 and an OCC consent order in April 2026 both cited BSA/AML and third-party risk management deficiencies, marking the current phase of CFSB's story as a remediation-heavy sponsor bank under active regulatory scrutiny.
Other banks named for Sponsor Bank in the index, by the number of companies that disclose them. A count of public disclosures, not a ranking of the products.
An embeddable badge for Community Federal Savings Bank’s own site — it always shows this page’s current rank, so it stays accurate as new disclosures land. States its own denominator; never claims a number this page doesn’t.
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alt="Ranked #6 of 201 in Sponsor Bank — Embedded Finance Index 2026">
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<img src="https://www.embeddedfinanceindex.com/api/badge/community-federal-savings-bank/install" width="1" height="1" alt="" style="display:none">43 companies disclose Community Federal Savings Bank in their stack in the Embedded Finance Index 2026, including Arro, Comun, MyBambu, Skrill, Sumup, Paystand, Currencyfair, Truly Financial, Deel, Banco Inter US and 2 others.
Community Federal Savings Bank is a sponsor bank. Companies in the Embedded Finance Index 2026 name it as their sponsor bank (37), banking-as-a-service (30) and card issuer (8).
The most-disclosed Sponsor Bank alternatives to Community Federal Savings Bank are Evolve Bank & Trust (101 buyers), Sutton Bank (65 buyers), Cross River (64 buyers), Pathward (43 buyers), Celtic Bank (39 buyers) and Thread Bank (31 buyers).
Community Federal Savings Bank is founded in 2001 and headquartered in Woodhaven, New York, US.
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