Core Bank Ignites Innovation and Joins the Banking as a Service (BaaS) Association

Jul 31, 2023 | Core Bank, News, Omaha

Core Bank, the visionary banking institution known for its customer-centric approach, proudly announces its membership with the Banking-as-a-Service Association (BaaS Association). This signals a new era of innovation, safe banking practices, and elevated customer service for Core Bank’s customer’s and the financial industry.

The decision to become a member of the BaaS Association aligns perfectly with Core Bank’s commitment to bolstering the growth of community banks while championing innovation. By uniting with other like-minded banking professionals and fintech companies, Core Bank endeavors to leverage collective wisdom, resources, and technological prowess to address the evolving needs of the banking industry.

“Core Bank is excited to join the BaaS Association which will further our efforts to impact communities and seek additional ways to meet the needs of our customers.  We are honored to be among so many other innovative and passionate community banks across the country, “said John Sorrell, President/CEO.

Through its membership with the BaaS Association, Core Bank reaffirms its dedication to embracing technology to enhance the banking experience, foster industry-wide growth, and champion the cause of community banks. The association serves as a hub for innovative ideas, collaborations, and advocacy efforts that collectively shape the future of BaaS banking. “Our goal is to address some of the challenges BaaS banks and fintechs face around awareness, industry standards, and new technology as it emerges” said Dave Mayo, Co-Founder, The BaaS Association.

Core Bank is a full-service community bank focused on meeting clients’​ banking needs with personal, business, healthcare, mortgage, construction, and wealth services. Headquartered in Omaha, Nebraska, Core Bank has six Midwest locations in the Omaha and Kansas City metros, along with a Loan Production Office in Mesa, Arizona.

The BaaS Association is the voice of the BaaS (Banking-as-a-Service) industry. The association promotes, supports, and advocates for BaaS sponsor banks which help serve millions of customers in a safe and compliant manner. The BaaS association represents over 80% of current BaaS sponsor banks operating across the United States.

The BaaS Association provides education, collaboration, and best-in-class practices that serve the unique needs of BaaS Sponsor banks. The BaaS Association also helps establish sound bank-fintech partnerships, including those who provide banking services for underbanked and underserved communities.