banks supported by plaid

HaC 2025

3 min read 18-03-2025

Meta Description: Discover which banks are supported by Plaid, a leading financial data aggregator. This comprehensive guide covers Plaid's extensive network, including major banks and credit unions, and explains how Plaid securely connects your accounts. Learn about Plaid's security measures and explore frequently asked questions about bank compatibility.

Plaid is a financial technology company that provides a secure way for developers to connect to users' bank accounts. This allows applications to access financial data for various purposes like budgeting, bill pay, and investment tracking. But which banks actually work with Plaid? This guide covers the extensive network of banks supported by Plaid.

Understanding Plaid's Network

Plaid doesn't publicly list every single bank it supports. Their network is incredibly vast and constantly expanding. However, we can confidently say it includes a significant portion of major banks and credit unions across the US, Canada, and the UK. The best way to know for certain is to check if your specific bank is supported when connecting with an app that uses Plaid.

How to Check if Your Bank is Supported

Most apps that utilize Plaid will ask for your bank information during the setup process. You'll typically be prompted to enter your bank's name and login credentials. If your bank is supported, Plaid will seamlessly connect. If it's not, the app will usually display a message indicating incompatibility.

Major Banks and Credit Unions Often Supported by Plaid

While a complete list is impossible, these are some of the major financial institutions frequently found within Plaid's network:

Major National Banks: Many large national banks like Bank of America, Wells Fargo, Chase, and Citibank typically have integrations with Plaid. (Always verify directly with the specific app.)
Regional Banks: A wide range of regional banks across the US are also frequently integrated. Check the specific app you're using.
Credit Unions: Plaid often supports a considerable number of credit unions, providing access to a diverse range of financial institutions. (Always verify directly with the app.)
Neobanks: Many online-only banks and neobanks (e.g., Chime, Current) also work with Plaid.

Security and Privacy with Plaid

Plaid prioritizes security and user privacy. They utilize robust security measures, including encryption and multi-factor authentication, to protect user data. It's important to note that Plaid itself does not store your bank account login credentials. Instead, they use a secure process called tokenization to access account information without ever storing sensitive details. You can learn more about Plaid’s security practices on their website.

[Link to Plaid's Security Page]

Frequently Asked Questions (FAQs)

Q: My bank isn't listed. Can I still use apps that use Plaid?

A: Unfortunately, if your bank isn't currently supported by Plaid, you won't be able to use apps that rely on Plaid for connecting to that specific account. The app may offer an alternative method or you may need to use a different app.

Q: Is Plaid safe to use?

A: Yes, Plaid employs strong security measures to protect user data. They don't store your login credentials and use industry-standard security protocols.

Q: What if I have multiple bank accounts?

A: You can typically connect multiple accounts to Plaid-supported apps as long as those accounts are from banks supported by the Plaid network.

Q: How can I learn more about Plaid's supported banks?

A: The best way is to check with the specific app you're using. The app's onboarding process will typically identify supported financial institutions.

Conclusion

Plaid's network of supported banks is extensive and constantly growing. While a definitive list isn't publicly available, the platform supports a significant portion of major banks and credit unions. Before using an app that utilizes Plaid, verify whether your bank is compatible during the setup process. Remember, Plaid prioritizes security and user privacy to safeguard your financial information.