What are the current interest rates at Square Financial Services, Inc.?

Current rates for Square Financial Services, Inc. include: Savings: 1.00%

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Square Financial Services, Inc. Rates & Review September 2026

Q: Are credit management and repair services offered?

While formal credit repair services are not currently listed, Square Financial Services, Inc. provides members with tools to manage their accounts and build a solid financial history.

Content reviewed by

Brian McKay

| Editorial Disclosure | ✓Fact Checked | Rates Last Updated and Verified: September 20, 2026

Square Financial Services, Inc.'s savings rates are at 1.00%. MonitorBankRates evaluates the financial stability of Square Financial Services, Inc. with a 5.0 Star Rating, an A+ Overall Health Grade, and a Texas Ratio of 0.69%. Rates last updated and verified on 09/20/2026.

Square Financial Services, Inc. money market rates, and other rates, are continually updated to reflect market conditions. We recommend checking back frequently to get the best money market rates and other rates available. Have you opened an account or have any experiences at Square Financial Services, Inc.? Share your experience about Square Financial Services, Inc. by leaving a review below, or read customer reviews before you decide to use Square Financial Services, Inc..

Verified Healthy 2026 Use This Badge on Your Bank Website

Overall Health & Safety Grade

A+

Exceptional Health Score: 100/100

MonitorBankRates Rating

5.0

Exceptional Out of 5.0 Stars

Texas Ratio

0.69%

Excellent Lower than avg

Health Trend

Very strong 12 quarters

Full history ›

Square Financial Services, Inc.

3165 E Millrock Dr
Salt Lake City, UT 84121

https://www.squareup.com

Square Financial Services, Inc. Savings Rates

Product	Rate	APY
Square Savings	-	3.50%
Min Deposit $0 Min Balance $10,000 Details Earn 1.00% APY on balances below $10,000. See Square Savings Deposit Account Terms and the Interest Rate Chart for more information. APY subject to change, current as of 6/8/2026. No minimum deposit is required to open an account. Accounts will not be charged monthly fees. The Square Savings deposit sweep program distributes your funds among multiple FDIC-insured partner banks, meaning your eligible savings deposits have FDIC insurance coverage of up to $2.5 million. Pending balances are not subject to FDIC insurance. Last Updated 09/20/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.69%
Square Savings	-	1.00%
Min Deposit $0 Min Balance $0 Details Earn 3.50% APY on days when your total folder balances are $10,000 or higher. See Square Savings Deposit Account Terms and the Interest Rate Chart for more information. APY subject to change, current as of 6/8/2026. No minimum deposit is required to open an account. Accounts will not be charged monthly fees. The Square Savings deposit sweep program distributes your funds among multiple FDIC-insured partner banks, meaning your eligible savings deposits have FDIC insurance coverage of up to $2.5 million. Pending balances are not subject to FDIC insurance. Last Updated 09/20/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.69%

Square Financial Services, Inc. Checking Rates

Product	Rate	APY	View More
Business checking account	-	0.01%
Min Balance $0 Details Published APY range: 0.01-0.5%. 2APY = Annual Percentage Yield. APY is variable and may change after account is opened. Rates shown are effective as of October 26, 2023. APY for balances of $0.00-$4,999.99 is 0.01%; for balances of $5,000.00-$9,999.99 is 0.10%; for balances of $10,000.00 and over is 0.50%. Last Updated 09/20/2026 Institution Ratings 5.0 Star Rating A+ Health Grade ◈ Texas Ratio: 0.69%

Important: Rates, terms, and conditions are subject to change without notice. The rates displayed are for information purposes only. Please confirm all rates and terms directly with the financial institution. We strive to keep this information accurate but cannot guarantee it.
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Financial Health History

Square Financial Services, Inc.’s Texas Ratio stayed near 0.21% in Q3 2023 to 0.69% in Q2 2026, so its financial health has stayed very strong over the past 12 quarters. Over the same period its Star Rating moved from 5.0 to 5.0. Lower Texas Ratios are healthier — this bank’s entire history sits far below the 15% threshold for the MBR Verified Healthy badge. Hover over or tap a point for that quarter’s figures.

Swipe the chart sideways to see every quarter.

Texas Ratio, left axis (lower is healthier)MBR Star Rating, right axis (1 to 5)Health Grade

How to read this chart: the two lines move in opposite directions by design. The Texas Ratio (blue) measures trouble, so a rising blue line means more non-performing assets against capital. The Star Rating (green) and Health Grade chips measure strength, so they fall when the Texas Ratio climbs and recover when it drops.

Show the quarterly figures

Quarter	Total assets	Texas Ratio	Star Rating	Health Grade
June 30, 2026	$2.1B	0.69%	5.0	A+
March 31, 2026	$1.8B	0.95%	5.0	A+
December 31, 2025	$1.7B	1.15%	5.0	A+
September 30, 2025	$1.4B	1.13%	5.0	A+
June 30, 2025	$1.2B	1.06%	5.0	A+
March 31, 2025	$1.0B	1.45%	5.0	A+
December 31, 2024	$931M	1.02%	5.0	A+
September 30, 2024	$882M	1.13%	5.0	A+
June 30, 2024	$816M	1.30%	5.0	A+
March 31, 2024	$738M	0.38%	5.0	A+
December 31, 2023	$678M	0.37%	5.0	A+
September 30, 2023	$635M	0.21%	5.0	A+

Source: FDIC call reports, MonitorBankRates analysis. Ratings shown are recomputed for each quarter with the current methodology and exclude member reviews.

Methodology & Data Sources

MonitorBankRates Star Rating: Our rating for Square Financial Services, Inc. is derived from comprehensive financial data published quarterly by the FDIC. Our proprietary rating system evaluates financial stability (including the Texas Ratio and capitalization) and combines it with customer feedback (user reviews) to help you make informed banking decisions.

Texas Ratio: We calculate the Texas Ratio using standard industry methodology. This ratio compares the bank's non-performing assets to its tangible common equity and loan loss reserves to assess financial health.

Rate Data Aggregation: We gather Square Financial Services, Inc. rates using proprietary online rate aggregation technology. Our systems scan constantly to provide the most recent rates available to our visitors.

Disclaimer: Interest rates are variable and subject to change without notice. While we strive for accuracy, rates can change rapidly based on market conditions. It is always advisable to check with Square Financial Services, Inc.'s official website for the most current offers and terms.

Bank Profile & Overview

Institution Name Square Financial Services, Inc.

FDIC Certificate # 59177

Address 3165 E Millrock Dr, Salt Lake City, UT 84121 · Salt Lake

Website https://www.squareup.com

Established 20210301

FDIC Insurance Date 20210301

Domestic Offices 1

Total Branches 1

Regulator FDIC

FDIC Insured ✓ Yes — Up to $250,000

Financial Health & Assets

A+

Overall Health Grade Score: 100/100

5.0

Exceptional Out of 5.0 Stars

0.69%

Texas Ratio Nat'l avg: 5.85%

Return on Assets (ROA) 37.8493%

Return on Equity (ROE) 59.9700%

Non-Performing Loans (NPL) 0.45%

Total Assets $2,057,172,000

Total Deposits $559,348,000

Equity Capital $1,353,620,000

Net Income $350,463,000

Headquarters Salt Lake City

Total Branches and Offices 1

Source: FDIC | Last Updated 06/30/2026

2026 MBR Health & Safety Badge

Square Financial Services, Inc. earned the Verified Healthy badge

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Customer Reviews

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Frequently Asked Questions About Square Financial Services, Inc.

How many branches does Square Financial Services, Inc. operate?

Square Financial Services, Inc. currently maintains approximately 1 branch location(s). Physical branches allow members to access in-person services such as notary consultations and safe deposit boxes.

Is there a first-time homebuyer program?

Currently, Square Financial Services, Inc. does not list a specific first-time homebuyer program, but they provide a range of mortgage and home equity products to assist members with property financing.

Are credit management and repair services offered?

While formal credit repair services are not currently listed, Square Financial Services, Inc. provides members with tools to manage their accounts and build a solid financial history.

Does Square Financial Services, Inc. offer online and mobile banking?

Most modern institutions like Square Financial Services, Inc. provide digital access. This includes the ability to check balances, transfer funds, deposit checks via mobile app, and view statements online. You can usually find these services at their official website: https://www.squareup.com.