CBW Bank
US · Weir, Kansas · FDIC / State of Kansas
CBW Bank is a Bank based in US (Weir, Kansas), regulated by FDIC / State of Kansas. The institution's BaaS program is currently under regulatory scrutiny, launched in 2012.
CBW Bank supports the following products and services: Payments, Cards, Lending, Accounts, BNPL. The bank serves customers across US.
Notable fintech partners include Moven, Uplift, Bond, Solid, TabaPay.
- Products Supported
- PaymentsCardsLendingAccountsBNPL
- Geographies Served
- US
- Charter / Regulator
- FDIC / State of Kansas
- API Standards
- REST API, ACH
- Minimum Deal Size
- Not publicly disclosed
- Year Program Launched
- 2012
Moven, Uplift, Bond, Solid, TabaPay
WARNING: $20.4M FDIC civil money penalty (Nov 2024) for BSA/AML violations; 2020 FDIC consent order for BSA/AML deficiencies. Bank filed federal lawsuit challenging penalty.
WARNING: CBW Bank faces a $20.4M FDIC penalty against ~$60M in deposits. A BaaS pioneer acquired in 2009 by ex-Google engineer Suresh Ramamurthi. Failed to correct BSA/AML deficiencies across multiple examinations (2017-2023) and was reported up for sale in March 2024.