Google is expanding its plans to offer digital banking services in the U.S.

The company is partnering with several banks to offer digital checking and savings accounts to Google Pay users in the U.S., starting next year, according to a press release. The bank partners, Bank Mobile, BBVA USA, BMO Harris, Coastal Community Bank, First Independence Bank and SEFCU, join Google's existing partners, Citi and SFCU, in what is known internally at Google as "Project Cache."

Google said it selected a wide range of partners in order to meet its customers' needs.

"We had confirmed earlier that we are exploring how we can partner with banks and credit unions in the U.S. to offer digital bank accounts through Google Pay, helping their customers benefit from useful insights and budgeting tools, while keeping their money in an FDIC or NCUA-insured account," stated the release.

Google's future plans for its digital payment services are extensive. Google will be able to draw on data provided by the banks and offer customers financial insights and other budgeting tools, and the banks will be able to market their brand to consumers in a mobile-first, online-only market.

"Being able to support our customers' financial lives in more places where they're spending their digital time is important to helping them be successful," Brett Pitts, chief digital officer for BMO Financial Group, said in a statement the partnership with Google. "Collaborating to launch this new BMO digital product accelerates our ability to deliver financial advice to our customers and is an innovative step in the evolution of how we serve them."

The digital banking accounts are expected to launch in 2021.