Green Dot Bank: who holds your money
Green Dot Bank is a bank. Green Dot Bank says customer money is held at Green Dot Bank DBA Bonneville Bank, with insurance reaching customers as direct FDIC insurance at a chartered bank. We read this information in the app's own public disclosure on September 5, 2026, and this page quotes that disclosure below. You can check each partner bank's own page on this site.
Green Dot Bank is itself a chartered bank, so customer deposits sit directly at Green Dot Bank DBA Bonneville Bank. Federal deposit insurance applies directly there, without passing through a separate partner bank. Coverage is $250,000 per depositor, per insured bank, for each account ownership category. Green Dot Bank DBA Bonneville Bank has letter A on this site, comparing it with banks of similar size. This holding arrangement reflects Green Dot Bank’s disclosure read September 5, 2026.
Bank
- Green Dot Bank DBA Bonneville BankFDIC #22653 · program bank3.7%above the insured limitA96.2
The figure is the share of total bank deposits above the $250,000 federal insurance limit, reported quarterly to the FDIC. High shares are normal for banks holding large app program balances. They do not mean your balance is uninsured: pass-through insurance usually covers customers individually at the partner bank. Across US banks in 2022 to 2026, those above roughly 36% saw large quarterly total deposit declines more often than those below. Most banks above that level saw no such fall. This measures deposit movement and does not predict trouble for any bank.
Disclosure
Green Dot Bank also operates under the following registered trade names: GO2bank, GoBank and Bonneville Bank. These registered trade names are used by, and refer to, a single FDIC-insured bank, Green Dot Bank.
www.greendot.com · as of September 5, 2026