The government requires every customer’s identity to be verified before opening a bank account, and like most banks, we use your SSN to verify your identity. We don’t perform a credit check. Your StoreCash account is an FDIC insured and protected bank account.
StoreCash does not directly store your Social Security Number for security purposes. Your information is always encrypted as soon as you enter it in our app. It is used only once for the verification process that is required by law and after that it is not made accessible or used for any other purposes.
*StoreCash is a financial technology company, not a bank. Banking Services are provided by Piermont Bank, Member FDIC. The StoreCash Mastercard Debit Card is issued by Piermont Bank pursuant to a license from Mastercard International and may be used anywhere Mastercard Debit cards are accepted.