Bread Savings is owned by Bread Financial, which operates it through its subsidiary, Comenity Capital Bank.
Understanding the Ownership Structure of Bread Savings
Bread Savings™ functions as a financial product, primarily offering savings accounts. Its ownership is structured within a larger corporate entity, ensuring its operations are backed by a comprehensive financial services provider.
The ownership chain can be understood as follows:
- Bread Savings™: This is the specific product line that offers savings accounts.
- Comenity Capital Bank: Bread Savings is a product offered directly by Comenity Capital Bank. This bank is the issuing institution behind the savings accounts.
- Bread Financial: Comenity Capital Bank is a key part of Bread Financial. Therefore, Bread Financial is the ultimate parent company that owns and oversees Bread Savings through its banking subsidiary.
This structure means that when you engage with Bread Savings, you are interacting with a product backed by the robust infrastructure and regulatory oversight of Comenity Capital Bank, which is, in turn, part of Bread Financial.
About Bread Financial
Bread Financial is a leading provider of tech-forward payment, lending, and saving solutions. The company specializes in building loyalty and driving growth for its partners and customers. Beyond savings products like Bread Savings, their offerings typically include credit cards, installment loans, and other payment solutions. Their diverse portfolio highlights their significant presence in the financial services industry.
Learn more about Bread Financial and its services: Bread Financial
By operating through Comenity Capital Bank, Bread Financial ensures that Bread Savings benefits from established banking infrastructure while leveraging the broader financial expertise of the parent company.
