PASADENA, Calif. –(BUSINESS WIRE)–Sep. 24, 2014– Green Dot Corp. (NYSE:GDOT) and Walmart (NYSE:WMT) correct revealed the all over the country rollout of GoBank, a bank account merchandise available specifically regarding retailer’s shelf. The checking account, from Green mark lender , user FDIC, is perfect for present-day “on-the-go” purchaser, creating a host of modern-day specifications and a linked MasterCard debit credit. GoBank does not cost overdraft fees, minimum equilibrium charge or monthly charges with qualifying drive stores. This product shall be offered across the country in the end of Oct.
GoBank is a full-featured bank checking account accessible entirely at Walmart (image: Business line)
“Many so-called ‘free’ checking accounts aren’t really free because they have high overdraft fees. The fact is, a completely independent learn by
reports that people shell out somewhere around $218 – $314 every year for read this article a simple checking account,” said
, president and Chief Executive Officer of Renewable mark group and president of Green mark financial . “No different bank checking account should make it this smooth and affordable to deal with your daily funds. GoBank are digesting the hurdles to standard deposit and delivers the many benefits of a FDIC -insured bank checking account which is laden up with properties to a huge portion of people.”
GoBank, a full-featured bank checking account, emerges in Walmart’s checking options class.
“Walmart users wish simpler techniques to manage their own day-to-day capital and progressively experience they merely aren’t obtaining appreciate from traditional finance caused by high rates,” said
, individual vice president of providers for Walmart U.S. “Adding the GoBank bank checking account to the racks indicates our clients are going to have exclusive use of by far the most economical, inclusive and simple-to-use monitoring profile in the industry. GoBank offers all of our customers another choice on how the two manage their money. Once our clients have got solutions, they acquire.”
Green mark feels subscribers will discover the product particularly convincing finding the subsequent features and functions:
Extra features and advantages of GoBank incorporate:
GoBank will be the award-winning bank account offered at choose Walmart locations making used individual mobile, without over-limit or penalty charges ever. With GoBank, customers posses complete gain access to and control of their cash from participating Walmart stores, as well as their apple iphone, ipod itouch or Android os device, and that can get cash from more than 42,000 fee-free ATMs into the U.S. People can join a GoBank accounts by buying a GoBank beginner set at participating Walmart sites, and can handle their profile to their phone or technology. In March, GoBank was actually called a Gold champion for 2013 PYMNTS Innovator honors. Examine about GoBank, check out.
GoBank was a brand name and signature of Environment friendly Dot financial , associate FDIC, that also functions beneath companies Renewable mark financial and Bonneville lender . Stores under these industry manufacturers tends to be stores with a solitary FDIC -insured lender, Green mark lender , and are generally aggregated for deposit insurance plan. 2014 Renewable Mark Bank . All legal rights reserved.
About Renewable Mark Enterprise
Renewable mark organization as well as its wholly possessed subsidiary company lender, Environment friendly mark lender , tends to be focused particularly on offering reduced and average profit American groups with modern-day, fair and feature-rich financial products and business, such as prepaid poster, verifying records and financial making solutions allotted through a system of some 95,000 outlets, local monetary program centers and via electronic channels. The business is definitely based in Pasadena, California with alternative mark financial tucked within Provo, Utah .