Federal Reserve Board announces approval of application by Green Dot Bank DBA Bonneville Bank

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Federal Reserve Board announces approval of application by Green Dot Bank DBA Bonneville Bank

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The following press release was published by the Board of Governors of the Federal Reserve System on Nov. 22, 2013. It is reproduced in full below.

The Federal Reserve Board on Friday announced its approval of an application under section 18(c) of the Federal Deposit Insurance Act by Green Dot Bank DBA Bonneville Bank, Provo, Utah, to purchase certain assets and assume certain deposit liabilities of GE Capital Retail Bank, Draper, Utah.

Attachment (PDF) For media inquiries, call 202-452-2955.

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Source: Board of Governors of the Federal Reserve System

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