Simple (bank)

Simple (formerly BankSimple) was an American neobank based in Portland, Oregon. It was recognized as the first neobank and operated between 2009 and 2021.

The company provided FDIC-insured checking accounts to U.S. citizens, but not to permanent residents, through a partnership with U.S. Bancorp before transitioning over to BBVA USA. It was part of the Allpoint network for surcharge-free access to ATMs.

In 2014, Simple became part of Spanish bank Banco Bilbao Vizcaya Argentaria, one of the largest banks in Europe. On May 8, 2021, Simple was closed, and remaining accounts began to be transitioned to BBVA checking and savings accounts.