Greenwood

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2.45
Based on 20 Reviews

5

25.00%

4

5.00%

3

10.00%

2

10.00%

1

50.00%
About Greenwood

Greenwood is a digital mobile banking experience made for Black and Latino customers. When you open an account through Greenwood, you save money, help the community, and get paid early.

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Pam
US

Do not open an account with Greenwood… Do not open an account with Greenwood Bank! They do not have their own fraud department. Unlike other financial institutions, they provide no alerts of each transactions by text message in place. They just email you about the transactions. They allowed someone to compromise my account and refused to refund me the money that was stolen from me in a timely manner. They allowed the funds to be deducted immediately like the funds that were stolen from me! I am so glad that my Social Security Benefits are being deposited into this account!

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The Ones
US

Worst experience ever went to the Post… Worst experience ever went to the Post Office to get some money orders tried to pay card declined. I called the bank and was told that there system doesn't recognize post office transactions. huh?? Seriously? Okay went home to make my payment online made 2 payments for 1200 then my card was locked, I called and was told to wait for 30 minutes then try my card again. All I'm trying to do is pay bills this is ridiculous definitely moving my money back to Navy Federal. Doesn't matter if you have Greenwood Metal card which you pay _4.99 a month for.

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Simpson Berry
US

I never received my debit card I never received my debit card. I requested another one and they charged me for it. You can’t send money out of the account because the app and Plaid keeps saying they failed to authenticate your bank, even though you have to log into that banks mobile banking to sync them. I wanted to support this bank because of the social aspect, but it’s just not worth it. You’d do better opening a checking account with a credit union or even an online bank. TRASH

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Jessica Oliver
US

Do not use greenwood!! Do not use greenwood!!! Cash app has cancelled a few transactions and when they finally expired over a week later greenwood put them in as 0.00 transactions instead of 210, 110, 100, & 50! Leaving me $480 short in my account. They keep telling me it'll be 24-48 hours before compliance contacts me but this started 8/21/23! No word from anyone at all. I call and call but nothing. I just need the money back in my account now!

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Lauren Walls
US

Good Source To be honest, I use the account for weekends when I go out. It is something good for people who want to set a few hundred dollars away. I also think it is a good idea for parents or guardians to give to their children or dependents where they can safely send them money. We have to understand that this is digital banking system as well. I believe the purpose is to get minorities to deposit their money into a bank to protect their money and avoid all these cash and deposit fees. I think we need to sit down and have a conversation with the founders as well as Coastal Community Bank to see how we can make this experience better.

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