App record
Walmart MoneyCard: who holds your money
- Institution type
- App
- Insurance route
- Banks and direct bank accounts
- Recorded partner banks
- 1
- Disclosure read
- September 5, 2026
Insurance route
Banks and direct bank accountsThe disclosure for Walmart MoneyCard, read on September 5, 2026, describes a direct bank arrangement for FDIC coverage, federal insurance for bank deposits. This concerns deposits at the relevant bank. The exact disclosure follows.
Summary
Walmart MoneyCard is not a bank. Walmart MoneyCard 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.
Current commentary
Walmart MoneyCard is not itself a chartered bank. Customer money sits at Green Dot Bank DBA Bonneville Bank, which has letter A among banks of similar size on this site. Federal deposit insurance reaches customers directly through that chartered bank, with coverage of $250,000 per depositor, per insured bank, for each account ownership category. Walmart MoneyCard’s disclosure was read on September 5, 2026.
Partner banks
1 bankGreen Dot Bank DBA Bonneville Bank
- FDIC certificate
- 22653
- Role
- program bank
- Uninsured deposit share
- 3.7%
- Lefomi grade
- Grade AScore 96.2 out of 100
- Quarter ending
- June 30, 2026
- Other peers
- 894
- Peer group
- Banks, $1B to under $10B
- Deposit insurance
- FDIC insured
Grade alerts for Green Dot Bank DBA Bonneville Bank
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