Together we thrive!
Greenwood is the new financial home for the Black and Latino communities. Become one of the 500,000+ who have joined the movement. When you open an account through Greenwood, you can save money, help the community, and get paid early.
Greenwood is a financial technology company, not a bank. Banking services provided by Coastal Community Bank, Member FDIC. Deposits are insured up to $250,000 per depositor. FDIC insurance only covers the failure of an FDIC-insured bank. FDIC insurance is available through pass-through insurance at Coastal Community Bank, Member FDIC, if certain conditions have been met. The Greenwood Debit Mastercard® is issued by Coastal Community Bank pursuant to a license by Mastercard International.
DIGITAL SAVINGS AND SPENDING ACCOUNTS
Whether you’re putting money aside to build towards your goals or seeking a spending account that makes your money go further, Greenwood has an account to support you. Open a savings account today with no minimum or monthly fees and earn 4.15% APY. Our spending account includes a Mastercard-branded debit card with a wealth of benefits including, zero liability, identity theft protection, and global emergency services.
INVEST IN YOURSELF. NOT FEES.
No overdraft - no fees
No ATM surcharge fees at participating locations
No minimum balance fees
No peer-to-peer transfer fees
JOIN US. PAY IT FORWARD.
When you open an account through Greenwood, you save money and help the community. Recirculating wealth in our communities is at core of why we exist.
Feed 5 meals to a family through Goodr when you create an account. Give to UNCF and NAACP through spare change round-ups.
CONTACTLESS SERVICES USING APPLE PAY AND MOBILE DIRECT DEPOSIT FOR QUICK AND SECURE PAYMENTS.
Pay at participating grocery, retail and other stores with your mobile device
Complete purchases online without entering your card number
Get cash back with qualifying debit transactions. Maintain peace of mind with Mastercard's zero liability policy for unauthorized purchases. Deposit checks into your spending or savings account 24/7 right from your mobile device, no branch or ATM visits required.
FEE-FREE ATM WITHDRAWALS WORLDWIDE
Withdrawals at Allpoint, Moneypass, Wells Fargo and PNC ATMs are surcharge free.
GET PAID EARLY
With direct deposit, you may receive your payroll and other ACH deposits as soon as they’re available – often as much as two days before your actual pay date.
EARLY DIRECT DEPOSIT
Direct Deposit early availability depends on timing of payor’s payment instructions and fraud prevention restrictions may apply. As such, the availability or timing of early direct deposit may vary from pay period to pay period.
MASTERCARD ZERO LIABILITY POLICY
Mastercard's Zero Liability Policy covers U.S.-issued cards and does not apply to certain commercial card transactions or any transactions not processed by Mastercard. You must notify your financial institution immediately of any unauthorized use. For specific restrictions, limitations and other details, please consult your issuer.
APY
The Annual Percentage Yield (APY) for savings accounts through Greenwood is variable and is subject to change at any time. The disclosed APY is effective as of May 22, 2023. An account must have $0.01 in savings to earn interest. The national average is 0.40% APY as of May 15, 2023. Obtained from FDIC.
I’m not sure if y’all are lying or just incompetent 🤷🏾♂️
Debo0793
I haven’t had any issues with Greenwood personally and I was one of the first with an account had it since the beta app came out it’s been years no breaches I get my direct deposits on time from both jobs I can easily move money between accounts and other banks never had an issue I will say I did have the can’t log in thing happen to me but it tried three times in a row it didn’t work the 4th time I typed my password logged in then the face scan started working again so maybe I’m just lucky because I have no complaints also when I mobile deposited a check they didn’t release it I called they said I don’t ever deposit checks so there would be a 7 day hold talked to her supervisor reviewed my account history released the full check before I was off the phone and that was for thousands of dollars from a accident and I’ve also deposited and investment check same way hold then released and it was a lot of money so I’m keeping my account and would like to see them continue to grow and offer more services
Inconsistent Access to App!
Rocstarrdiva
Currently I have not been able to open the App for at least two days. And its not the first time this has happened. I have emailed support ** I had to find a previous correspondence from account opening issues, to find it- because as previously stated in another review-No where to be found*** It’s frustrating not to have consistent access to your accounts. I believe it is something to do with the “ biometric authentication “ It validates my face but doesn’t open the app. And if I try to login manually afterwards it gives me an “internal error . Contact Support” . Which again doesn’t give you a link or a phone number to use. I honestly don’t write reviews but I feel I have to because y’all have my money locked up in here. And I’m only here because I am trying to see if I delete the app - so I can turn off the biometrics and log on manually works. It’s frustrating not to have access to your money. I also dislike mobile check deposits because it takes unbelievable long for them release any of your funds! These two reasons have me reconsidering my choice to bank with Greenwood. Please come up with solutions . Thank you!
HONEST REVIEW
CD24242424
I decided to give greenwood a chance after hearing it was a minority owned back and also it was supported/owned by Killer Mike and Atlanta Mayor Andrew Young. My only issue is Customer Service and Refund status. It’s been a whole 13 days and I haven’t received a refund for something that I know for other bank doesn’t take more than 3 days to get, IF THAT. It’s very frustrating when they say they have customer service BUT nobody I mean NOBODY answers the phone. I was hold for 1:03:22 before I hung up. Very disappointed in this. Rather than that I do love they send alerts on everything from deposits, when you spend, and even when you block your card off. The early two days in advance direct deposit is pretty cool also. I’m going to stick it out to see if it gets better but I’m only disappointed in customer service and refund status.
Closing my account Monday
Boopie💕
Please don’t bank here. It’s just like any other bank they just threw the black in part to get more customers. I’m on the phone right now trying to figure out why I got sent a deposit on the 9th and must wait til the 14th to receive it. They can’t tell me why but I do know they yell “we don’t hold deposits” trying to be like the other companies and they indeed DO HOLD DEPOSITS. They have held my money 3xs and won’t explain the reasons. I started with them when they launched as I did Chime. The more people that came to chime, made it worse. Greenwood is small & still lies like other banks. All that’s different is they use brown people for the market and that’s even more sad. Cuz y’all selling dreams like other banks. Please release my deposit so I can close out this account and go back to my main bank. I thank God I keep 3-4 bank accounts. I have gave a chance and I’m sorry I did. No extra features just a debit card……don’t waste your information. The reps don’t know much they can NEVER explain why or what’s goin on with my account only read from scripts. Hurry up and give my money so I can leave this company.
Bug fixes
Version 4.9.3
The developer, Greenwood, Incorporated, indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy .
Data Used to Track You
The following data may be used to track you across apps and websites owned by other companies:
Contact Info
Data Linked to You
The following data may be collected and linked to your identity:
Financial Info
Contact Info
Identifiers
Data Not Linked to You
The following data may be collected but it is not linked to your identity:
Location
User Content
Usage Data
Diagnostics
Privacy practices may vary, for example, based on the features you use or your age. Learn More
Accessibility
The developer has not yet indicated which accessibility features this app supports. Learn More
Information
Seller
Greenwood, Incorporated
Size
151.2 MB
Category
Finance
Compatibility
Requires iOS 16.0 or later.
iPhone Requires iOS 16.0 or later.
Mac Requires macOS 13.0 or later and a Mac with Apple M1 chip or later.
