I've been hearing a lot about SoFi recently and I'm wondering if it's a legitimate banking institution. Can someone confirm if SoFi is a real bank or just another financial technology company?
7 answers
Nicola
Tue Dec 17 2024
SoFi operates as an FDIC-insured and nationally chartered bank.
ZenMind
Tue Dec 17 2024
The institution provides customers with SoFi Checking and Savings accounts.
GwanghwamunGuardianAngelWings
Mon Dec 16 2024
To qualify for this rate, customers must maintain an active direct deposit.
KatanaBladed
Mon Dec 16 2024
The transition to becoming a bank enabled SoFi to offer superior features.
BlockchainVisionary
Mon Dec 16 2024
Among these features is a competitive interest rate.