Green Dot utilizes its own chartered depository institution, Green Dot Bank, as the primary issuing bank and custodian for its extensive suite of prepaid debit cards, mobile checking accounts, and financial technology services. Green Dot Bank is an FDIC-insured institution that holds customer deposits and ensures regulatory compliance. Furthermore, Green Dot partners with other major financial institutions and nationwide retail distributors—such as Walmart, CVS, and Walgreens—to provide cash deposit networks and specialized banking services to underserved consumers.