|View printer-friendly version|
Green Dot Appoints Mike Althouse as Chief Compliance Officer
“Green Dot is well-positioned for growth with its own bank charter, leading products, world-class partners and a tremendously talented workforce, and I’m thrilled to join the team,” said
Althouse brings more than two decades of compliance leadership experience to Green Dot. He joins the company from The Bancorp, where he served as Chief Compliance Officer responsible for overseeing and improving the bank’s compliance programs spanning the consumer and commercial deposit and lending divisions, which included community banking, private-label banking, prepaid card, institutional banking, leasing and small business lending.
“Green Dot’s bank charter is a strong competitive differentiator and one of our most unique assets as a fintech focused on addressing the most pressing financial challenges of consumers and small businesses,” said
Prior to The Bancorp, Althouse served as Deputy Chief Compliance Officer of
About Green Dot
Green Dot offers a broad set of financial services to consumers and businesses including debit, checking, credit, prepaid, and payroll cards, as well as robust money processing services, tax refunds, cash deposits and disbursements. Its flagship digital banking platform GO2bank offers consumers simple and accessible mobile banking designed to help improve financial health over time. The company’s banking platform services business enables a growing list of the world’s largest and most trusted consumer and technology brands to deploy customized, seamless, value-driven money management solutions for their customers.
Founded in 1999, Green Dot has served more than 33 million customers directly and many millions more through its partners. The Green Dot Network of more than 90,000 retail distribution locations nationwide, more than all remaining bank branches in the