Square Banking is a fully integrated suite of financial tools that helps small businesses manage cash flow, access capital, and make smarter financial decisions — all from one connected ecosystem. Built into the same platform sellers use to run their business, Square Banking combines free business checking and savings, automated financial tools and credit access, giving sellers deeper control, visibility, and confidence with their money. Key Products: Square Checking*: Square Checking is a free, integrated business checking account and debit card that gives you instant access to your Square sales, so you can manage and spend your money in real-time. Pay for inventory, utilities, and vendors on your terms — with your account and routing numbers, Bill Pay, or checks. With Instant Payouts, earnings from delivery platforms like DoorDash and Uber Eats are also deposited into the account immediately — no delays. There are no monthly fees, overdraft charges, or minimum balance requirements, making it a flexible and reliable solution for small business banking. Square Savings**: Square Savings is a free business savings account that helps you automatically budget, save, and stay organized — all while earning competitive APY. Automatically set aside a percentage of each sale and plan ahead for key expenses like taxes, supplies, bills, and more. Use folders to organize your money in real time, and get personalized recommendations to help budget effortlessly. Square Loans***: Fast funding, made simple. Square Loans offers custom loan amounts based on factors like your sales history — no lengthy applications, no ongoing interest, and just one flat fee. Repay automatically from your daily Square sales, and get funds instantly deposited to your Square Checking account once approved. Why Square Banking? Square Banking gives you seamless control over your finances — all in one place. Access your sales instantly and unlock credit tailored to your business. Automate your savings, stay on top of expenses, and simplify your bill payments. No monthly fees, no minimums, no overdrafts. Built into the ecosystem over 4M+ business already use. Disclosures: Square, the Square logo, Square Financial Services, Square Capital, and others are trademarks of Block, Inc. and/or its subsidiaries. Square Financial Services, Inc. is a wholly owned subsidiary of Block, Inc. Block, Inc. is not a bank. Banking services are provided by Square Financial Services, Inc. or Sutton Bank; Members FDIC. Square Checking and Debit Card: *Block, Inc. is a financial services platform and not an FDIC-insured bank. FDIC deposit insurance coverage only protects against the failure of an FDIC-insured deposit institution. If you have a Square Checking account, up to $250,000 of your balance may be covered by FDIC insurance on a pass-through basis through Sutton Bank, Member FDIC, subject to aggregation of the account holder’s funds held at Sutton Bank and if certain conditions have been met. Square Debit Card is issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard. See Terms and Conditions (https://squareup.com/us/en/legal/general/sqchecking-tos). Square Debit Card is issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard. Instant availability of Square Payments. Funds generated through Square’s payment processing services are generally available in the Square Checking account balance immediately after a payment is processed. Fund availability times may vary due to technical issues. Instant availability does not apply to funds added to the Square Checking account via ACH transfer. ACH credit transfers to your account may take 1–2 business days. Instant Payouts services require a Square Checking account. Funds provided through Instant Payouts services are generally available in the Square Checking account balance immediately after an order is processed. Fund availability times may vary due to technical issues. If an order is not paid out instantly, it will be available according to your regular deposit schedule. Payout limits, including limits on payout amounts, may apply. Square Savings: Savings accounts are provided by Square Financial Services, Inc. Member FDIC. **Accrue annual percentage yield (APY) of 1.00% per folder on folder balances over $10. APY subject to change, current as of 2/18/2025. No minimum deposit is required to open an account. Accounts will not be charged monthly fees. Accounts are FDIC-insured up to $2,500,000. Pending balances are not subject to FDIC insurance. The rate of our savings account is more than 2x the national average of 0.41% APY, based on the national average of savings accounts rates published in the FDIC Weekly National Rates and Rate Caps accurate as of 1/21/2025. Square Loans: ***All loans are issued by Square Financial Services, Inc. Actual fee depends upon payment card processing history, loan amount and other eligibility factors. A minimum payment of 1/18th of the initial loan balance is required every 60 days and full loan repayment is required within 18 months. Loan eligibility is not guaranteed. All loans are subject to credit approval.