Greenwood - Mobile Banking 3.13.1

Greenwood offers a range of financial services tailored to meet the needs of the Black and Latino communities. By joining this growing movement, you can benefit from their digital savings and spending accounts, support the community, and even get paid early. It's important to note that Greenwood is a financial technology company, not a bank. Banking services are provided by Coastal Community Bank, Member FDIC, and the Greenwood Mastercard® Debit Card is issued by Coastal Community under a license from Mastercard International.

Digital Savings and Spending Accounts

Greenwood provides various account options to help you achieve your financial goals. Whether you're saving for the future or looking for a spending account that maximizes your money, Greenwood has you covered. Open a savings account today with no minimum or monthly fees and enjoy an impressive 4.15% APY. Additionally, their spending account comes with a Mastercard-branded debit card that offers valuable benefits such as zero liability, identity theft protection, and global emergency services.

Invest in Yourself. Not Fees.

One of Greenwood's standout features is its fee structure. They believe in transparency and strive to eliminate unnecessary fees. With Greenwood, you won't have to worry about overdraft or minimum balance fees. Plus, they offer fee-free ATM withdrawals at participating locations and peer-to-peer transfers without any additional charges.

Join Us. Pay It Forward.

Not only will you save money by banking with Greenwood, but you'll also contribute to the community. Greenwood's mission revolves around recirculating wealth within our communities. When you create an account, they'll provide 5 meals to a family through Goodr. You can also contribute to organizations like UNCF and NAACP through spare change round-ups.

Contactless Services Using Apple Pay and Mobile Direct Deposit

Greenwood embraces the convenience of contactless services. You can make purchases at participating grocery, retail, and other stores using your mobile device. Online shopping is made easier as you can complete transactions without entering your card number. Additionally, you can enjoy cash back rewards on qualifying debit transactions and deposit checks directly into your account using their mobile app.

Fee-Free ATM Withdrawals Worldwide

Greenwood ensures that accessing cash is easy and affordable. With their fee-free ATM withdrawals, you can make withdrawals at Allpoint, Moneypass, Wells Fargo, and PNC ATMs without incurring surcharge fees.

Get Paid Early

By setting up direct deposit with Greenwood, you may receive your payroll and other ACH deposits earlier - sometimes up to two days before your actual pay date.

Mastercard Zero Liability Policy

Your security is a priority at Greenwood. Mastercard's Zero Liability Policy provides protection for unauthorized purchases on U.S.-issued cards. However, it's important to notify your financial institution immediately if you encounter any unauthorized use. For specific details and restrictions, please consult your issuer.

APY

The Annual Percentage Yield (APY) for savings accounts offered by Greenwood is variable and subject to change. As of May 22, 2023, the disclosed APY is an impressive 4.15%. To earn interest, your savings account must have a minimum balance of $0.01. It's worth noting that the national average APY is currently 0.40% as of May 15, 2023, according to data obtained from the FDIC.