# CFSB

> Community Federal Savings Bank is a New York bank combining personal and business banking with payment APIs, card services and lending infrastructure for fintech companies. Its documented relationships include Wise, Airwallex and Synctera.

- **Founded:** 2001
- **Headquarters:** New York, United States
- **Products:** Direct Banking, Payment APIs, ATLAS API, CFSB Lending Platform, Commercial Lending
- **Notable:** Established in July 2001 and listed as FDIC-insured under certificate 57129., Fourth community bank announced in Synctera’s marketplace in September 2021., Issuer behind the February 2022 U.S. Airwallex Borderless Card launch.

## Products & services

- **Direct Banking** — Personal and business checking and savings, ACH and wires, online banking and bill payments; personal services also list Zelle.
- **Payment APIs** — Domestic and cross-border payment integration; developer materials link ACH and instant payments APIs.
- **ATLAS API** — Entity and account API references for banking integrations.
- **CFSB Lending Platform** — APIs for application, underwriting, origination, funding and compliance across the loan lifecycle.
- **Commercial Lending** — Real estate loans, commercial mortgages, lines of credit, equipment financing and letters of credit.
- **Card Services** — Issuer services illustrated by the U.S. Airwallex Borderless Visa Card launched in February 2022.

## Achievements

- Established in July 2001 and listed as FDIC-insured under certificate 57129.
- Fourth community bank announced in Synctera’s marketplace in September 2021.
- Issuer behind the February 2022 U.S. Airwallex Borderless Card launch.
- Received a Satisfactory CRA rating in the OCC’s release of March 2, 2026; this evaluates community credit performance, not overall regulatory compliance.

## Latest updates

- **2026-03** — OCC’s March 2 release listed CFSB with a Satisfactory Community Reinvestment Act rating.
- **2026-04** — April 24 consent order addressed BSA/AML program deficiencies; bank neither admitted nor denied the OCC’s findings.
- **2026-05** — OCC publicly announced the action on May 21; on May 27 Banking Dive reported CFSB’s statement that compliance investment had begun in mid-2024.

## Links

- Website: https://www.cfsb.com/
- LinkedIn: https://www.linkedin.com/company/cfsb---community-federal-savings-bank/

---

Profile page: https://yespress.io/cfsb
Published by YesPress — https://yespress.io
Last updated: 2026-10-25