Stride Bank Extends Banking-as-a-Service Partnership with Chime

Stride Bank, an Oklahoma-based community bank with significant BaaS operations, announced an extension of its partnership with Chime, one of the largest US neobanks. The renewed agreement ensures Stride Bank will continue to provide the underlying banking infrastructure that powers Chime's suite of consumer financial products. Chime, which serves millions of customers with fee-free banking services, relies on bank partners including Stride Bank and Bancorp Bank to hold deposits and issue accounts.

The partnership extension signals continued confidence in the bank-fintech collaboration model that underpins the BaaS industry. Financial terms of the renewed agreement were not publicly disclosed. The deal is notable given increasing regulatory scrutiny of bank-fintech partnerships, demonstrating that established relationships continue to deepen even amid a more cautious regulatory environment.