Five Star Bank BaaS Wind Down Update
In September 2024, Five Star Bank announced its intent to initiate an orderly wind down process for its Banking-as-a-Service, or BaaS, offerings, that is expected to be complete some time in 2025. Click here to read the full news release.
We are working closely with our financial technology firm partners on the orderly transitions of banking services to their new partner banks, in order to ensure their customers are well supported throughout with minimal disruption.
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