Corporate Governance - Biography
|Steven W. Streit|
President and Chief Executive Officer
Steve Streit is viewed as both a pioneer in the financial services industry and as a passionate advocate for the unbanked and underserved communities. He is founder and chief executive of Pasadena-based Green Dot Corporation, bringing the category of prepaid/reloadable debit cards to retail stores more than a decade ago. Green Dot has since built upon this legacy and grown to become a financial services company that provides a broad assortment of personal banking products and services to low and moderate income Americans through multiple distribution channels.
In 2011, under Steve's leadership, Green Dot became a bank holding company with the purchase of Bonneville Bank in Provo, Utah. Following this acquisition, Green Dot expanded its product offering to include GoBank, its FDIC-insured checking account.
Steve has been recognized for numerous industry awards over the years, including a two-time winner of EY Entrepreneur Of The Year.
Steve focuses his philanthropic efforts on children in need. In 2009, Steve founded Patti's Way, a 501(c)(3) charitable foundation providing grants to single mothers and their children. He is also a longtime volunteer mentoring Los Angeles County foster children and a benefactor to the Los Angeles Police Department's Hollenbeck Police Athletic League (PAL), which has recognized him with its annual Humanitarian Award. More recently, Steve was honored by CoachArt, an organization dedicated to improving the quality of life for children with chronic and life-threatening illnesses.
Steve is an often-requested speaker at prepaid and banking conferences, as well as at entrepreneur classes at universities around the country.