Greenwood Bank Atlanta is a game-changer for the local economy. By providing small business loans, the bank is helping entrepreneurs turn their ideas into reality, creating jobs and stimulating growth.
With a focus on community development, Greenwood Bank Atlanta is investing in the future of Atlanta's neighborhoods. This approach is already showing positive results, with a significant increase in local economic activity.
The bank's commitment to economic growth is evident in its innovative loan programs. These programs are designed to meet the unique needs of small business owners, providing flexible terms and competitive rates.
By supporting small businesses, Greenwood Bank Atlanta is helping to build a stronger, more resilient community.
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Greenwood Bank Atlanta
Greenwood Bank Atlanta is a financial services company based in Atlanta, Georgia. It was founded in 2020 by Andrew Young, Michael Render, and Ryan Glover.
Greenwood Bank Atlanta offers direct banking services to its customers. Its debit card and banking services are provided through a partnership with Coastal Community Bank.
Worth a look: Banks and Banking Services
Greenwood Bank Atlanta is a privately held company, with its headquarters located in Atlanta, Georgia. It serves the United States, with a large customer base of 500,000 prospective members by January 2021.
The company's services were delayed due to high demand, first to July 2021 and then to the end of the year. General public access to its services was available in early 2022.
You can visit Greenwood Bank Atlanta's website at gogreenwood.com for more information.
Funding and Partnerships
Greenwood Bank Atlanta has received significant funding to support its mission of providing financial services to underserved communities. They have secured $10 million in funding from investors to launch their operations.
This funding will be used to establish a strong presence in Atlanta and provide access to banking services for low-income individuals and families. Greenwood Bank Atlanta aims to serve over 100,000 customers within the first three years of operation.
Their bank is committed to community development and has partnered with local organizations to provide financial education and literacy programs. These programs will help customers make informed financial decisions and improve their financial stability.
Greenwood Bank Atlanta has also partnered with the National Bankers Association to provide access to capital and resources for minority-owned businesses. This partnership will help these businesses grow and thrive in the Atlanta community.
Frequently Asked Questions
Who is Greenwood Bank owned by?
Greenwood Bank is owned by a group of co-founders including Andrew Young, Michael "Killer Mike" Render, and Ryan Glover. They were joined by $3 million in private investment to establish the bank.
Where is Greenwood Bank headquarters?
Greenwood Bank is headquartered in Atlanta, Georgia, USA. Founded in 2020, it serves the community from this southeastern US location.
Can I zelle with Greenwood Bank?
Yes, you can use Zelle with Greenwood Bank through online or mobile banking. Paying others with Zelle is a convenient and fast way to use your Greenwood account.
Is Greenwood FDIC insured?
Yes, your money is safe with Greenwood, as all deposits are held at FDIC-insured banks.
Sources
- https://techcrunch.com/2021/03/25/big-banks-rush-to-back-greenwood-killer-mikes-atlanta-based-digital-bank-for-underrepresented-customers/
- https://en.wikipedia.org/wiki/Greenwood_(bank)
- https://finovate.com/greenwood-raises-45-million-to-bring-digital-banking-to-black-and-latino-communities/
- https://www.bankingdive.com/news/digital-bank-greenwood-ryan-glover-killer-mike-render/593993/
- https://www.bantucola.com/greenwood-modern-banking-for-the-culture/
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