PASADENA, Calif. –(BUSINESS WIRE)–Sep. 24, 2014– alternative Dot Corp. (NYSE:GDOT) and Walmart (NYSE:WMT) right revealed the across the country rollout of GoBank, a bank checking account product offered entirely on retailer’s shelves. The bank checking account, from alternative mark Bank , affiliate FDIC, is designed for present “on-the-go” consumer, promoting a host of modern-day features and a linked MasterCard debit card. GoBank doesn’t recharge overdraft charges, smallest harmony costs or every month charges with qualifying drive build ups. The item are going to be offered country wide by the end of July.
GoBank is definitely a full-featured bank checking account available primarily at Walmart (picture: companies line)
“Many so-called ‘free’ checking accounts aren’t really free because they have high overdraft fees. In fact, a completely independent study by
reports that owners pay roughly $218 – $314 per annum for a standard bank account,” said
, founder and Chief Executive Officer of Environment friendly Dot agency and chairman of Green Dot financial institution . “No various other bank account will make it this effortless and affordable to control your everyday funds. GoBank try digesting the boundaries to typical banking and brings total well being a FDIC -insured bank account which is laden up with specifications to a sizable phase of North americans.”
GoBank, a full-featured bank account, is offered in Walmart’s checking out choices classification.
“Walmart people want simpler ways to regulate the company’s each day financing and increasingly become they simply aren’t obtaining importance from standard savings because of high charge,” said
, elderly vice-president of providers for Walmart U.S. “Adding the GoBank bank checking account to your shelves mean all of our customers could have exclusive having access to the most affordable, comprehensive and easy-to-use evaluating account in the market. GoBank gets our customers yet another option on how they deal with their funds. Whenever all of our clients have actually choices, they win.”
Green Dot believes clients will get the merchandise specifically engaging keeping in mind the below features and functions:
Additional features and important things about GoBank put:
GoBank could be the award-winning bank-account available at select Walmart places making to be used on your mobile phone, without having over-limit or punishment prices ever before. With GoBank, users need whole accessibility and power over their cash from participating Walmart places, and also their iphone 3gs, ipod itouch or Android equipment, and can withdraw cash from significantly more than 42,000 fee-free ATMs inside U.S. customers can sign up for a GoBank profile by purchasing a GoBank beginner equipment at getting involved Walmart storehouse, and can also regulate their particular accounts on the mobile or desktop. In March, GoBank am called a Gold success for 2013 PYMNTS Innovator prizes. For additional information about GoBank, check out.
GoBank is actually a brand name and trademark of alternative Dot Bank , Member FDIC, that also works in the makes Renewable mark Bank and Bonneville lender . Build up under some of these industry manufacturers include money deposited with one FDIC -insured bank, Environment friendly Dot financial , and they are aggregated for first deposit insurance plan. 2014 Environment Friendly Mark Bank . All legal rights arranged.
About Environment Friendly Dot Group
Renewable Dot business and its wholly owned part bank, Green mark financial institution , are actually centered particularly on offering minimum and Moderate money American groups with modern, fair and feature-rich lending options and facilities, most notably prepaid black-jack cards, verifying accounts and wealth making providers dispersed through a system of some 95,000 retail stores, district monetary assistance facilities and via electronic passage. The corporate is headquartered in Pasadena, California with Green mark financial found in Provo, Utah .