1. Home
  2. 💰 Finance
  3. Greenwood
Greenwood - Mobile Banking

Greenwood - Mobile Banking

by Greenwood, Incorporated

7.5K ratings
149 reviews
💰 Finance
Free

Details

Released
June 16, 2022
Updated
November 7, 2025

Features

Developer

Greenwood, Incorporated
✨Promote your app ✨
Greenwood - Mobile Banking screenshot #1 for iPhone
Greenwood - Mobile Banking screenshot #2 for iPhone
Greenwood - Mobile Banking screenshot #3 for iPhone
Greenwood - Mobile Banking screenshot #4 for iPhone
Greenwood - Mobile Banking screenshot #5 for iPhone
Greenwood - Mobile Banking screenshot #6 for iPhone
📌Ready
Reviews summary↘︎
⭐149
Reviews↘︎
📝14+ tags
Tags↘︎
🔄6+ apps
Alternatives↘︎
❓5 answered
FAQ↘︎
📦w/o updates
Updates frequency↘︎
🖼️Get Icon
Icons↘︎

About

This financial app offers savings and spending accounts designed for the Black and Latino communities. It provides early direct deposit, fee-free ATM withdrawals, and opportunities to support community initiatives through account features.

✓Digital savings and spending accounts
✓4.15% APY on savings
✓No overdraft or monthly fees
✓Fee-free ATM withdrawals worldwide
✓Early direct deposit
✓Community giving features
✓Contactless payments with Apple Pay
Show original description

What users say about Greenwood

Reviews of Greenwood are mostly negative: the Finance app is rated 4.8/5 from 7.5K App Store ratings. What users like most: smooth banking experience, early direct deposit. Top complaints: frequent app crashes and freezes, slow processing times for transfers and deposits. Summarized from real user reviews.

Positive things

  • 💳Smooth banking experience
  • 🕰Early direct deposit
  • 🤝Support for minority communities
  • 🚀Innovative mobile banking app

Negative things

  • 🐛Frequent app crashes and freezes
  • 🕰Slow processing times for transfers and deposits
  • 📞Poor customer service and lack of responsiveness
  • 🔒Security issues and account lockouts
  • 💳Debit card delivery delays
See all reviews

What's New in Greenwood

4.9.3

November 7, 2025

Bug fixes

User reviews

Most RecentHighest RatedLowest Rated

Great bank! Frustrating app

I love banking Black! But there are always Soooo many glitches!
33girlsmom5127

Won’t work

I’ve been trying to days and it’s still over work
JJC42093

NOT WORKING

App is not allowing log in. Unable to access money
NNicciVer

I have not been able to access my account nor contact anyone for almost 5 days

This is the first time something has happened like this to me, but it’s not good
DDiamanteeeem

App down

Periodically their apps stop working for days up to a week and you can’t login on website or access your account.
JJahsonyaki
See 144 more reviews

User experience

🐞

Reported Bugs

3 issues

Login screen issues and inability to access accounts

Bug

Disappearing mobile deposit feature

Bug

Inconsistent biometric authentication

Bug
✨

Requested Features

5 requests

Add Zelle integration

Feature

Implement mobile check deposit

Feature

Provide more transparency on account holds and restrictions

Feature

Improve in-app transaction history and search functionality

Feature

Introduce budgeting and savings tools

Feature

FAQ

What does the Greenwood app do?

The Greenwood app provides digital savings and spending accounts for the Black and Latino communities. It aims to help users save money, get paid early, and contribute to community initiatives. Banking services are provided by Coastal Community Bank, Member FDIC.

What are the key features of the Greenwood app?

Key features include digital savings and spending accounts with no minimum or monthly fees, earning 4.15% APY on savings, fee-free ATM withdrawals worldwide, early direct deposit, and contactless payment options. The app also integrates community giving through spare change round-ups.

Is the Greenwood app free to use?

Yes, the app is free to use. There are no overdraft fees, ATM surcharge fees at participating locations, minimum balance fees, or peer-to-peer transfer fees. The savings account has no minimum or monthly fees.

What are the use cases for the Greenwood app?

Users can open a savings account to set aside money for goals, use a spending account for daily transactions with a Mastercard-branded debit card, and benefit from early access to their paychecks. The app also allows users to contribute to charities like Goodr, UNCF, and NAACP.

Is my money safe with Greenwood?

Yes, deposits are insured up to $250,000 per depositor through pass-through insurance at Coastal Community Bank, Member FDIC, provided certain conditions are met. The Greenwood Debit Mastercard® is issued by Coastal Community Bank and is protected by Mastercard's Zero Liability Policy for unauthorized purchases.