Lead Bank Joins American Fintech Council to Advance BaaS Solutions

The American Fintech Council (AFC) announced on Jun 23, 2026 that Lead Bank has joined the trade association as its newest member. Lead is a state-chartered bank that operates a banking-as-a-service platform offering lending, global money movement, card issuing, and depository accounts. Its modular infrastructure is designed to reduce complexity and risk for fintech partners building financial products.

AFC CEO Phil Goldfeder said Lead's compliance-centered approach to programmable banking services supports the growth of responsible fintech. Erica Khalili, Co-Founder and Chief Legal and Risk Officer at Lead Bank, said the membership reinforces the bank's focus on combining compliance with flexible financial technology. AFC represents over 150 member companies and partners advocating for consumer-centric financial services and sound public policy.