BancVue-owned Kasasa is known for giving community financial institutions (CFIs) a leg up against top-tier banks. Today, the Austin-based company divulged some numbers to offer a better picture of its reach in the industry:
- 46: Number of states with Kasasa CFIs
- 1,801: Number of client branch locations
- 685,000+: Number of Kasasa-branded accounts opened since its 2009 launch
- $156 million: Amount paid out in Kasasa rewards, cash-back, and ATM fee reimbursement
- 93%: Percentage of account holders that say they love their account
- $260 million: Amount of non-interest income Kasasa products have generated for clients
Kasasa didn’t hint at its official number of clients. But it did note that if all Kasasa clients were a single bank, they would have the seventh largest U.S. branch network.
Gabe Krajicek, BancVue CEO, states that as Kasasa grows, it plans to increase the breadth of services offered to community financial institutions.