PLS Partners with Green Dot to Deliver Convenient, Affordable Banking and Payments Tools to Millions of U.S. Consumers

The PLS family of financial service centers, one of the nation’s largest providers of community based financial services, and Green Dot Corporation (NYSE: GDOT) today announced a new partnership to build and deliver seamless, affordable and useful financial tools and services to PLS’ five million-plus customers. Powered by Green Dot’s embedded financial services platform, PLS will offer Xpectations! Plus featuring a new demand deposit account (DDA) and other tools that help customers more seamlessly access, manage and move their money.

“We are excited to collaborate with Green Dot on this important new product,” says Rob Fisher, Senior Vice President of Support Operations, PLS. “Xpectations! Plus will empower our customers to manage many of their day-to-day financial needs. Combining Green Dot’s products and technology with our customer focus will allow PLS to further our mission. Our customers deserve better! Better products, more options, and lower fees.”

For more than 25 years, PLS has been a community hub for the financial needs of millions of Americans. The company operates as a one-stop-shop for a wide variety of financial services: in addition to being among the nation’s leading providers of check cashing services, PLS also offers money transfer services, bill payment services, free money orders, and much more in its more than 200 locations. PLS’ ability to offer customers a full range of both traditional and alterative financial services in a single outing provides substantial value to its customers.

“Americans want convenience and flexibility in how they access, manage and move their money,” said Jamison Jaworski, GM/SVP of Retail and Green Dot Network, Green Dot. “With our comprehensive financial technology platform, we’re well-positioned to enable our partners to offer their customers that convenience and flexibility. We’re proud to partner with PLS to help their customers lead better, healthier financial lives.”

By partnering with Green Dot, PLS will now offer customers modern demand deposit accounts that allow them to easily manage their money digitally or in store, receive direct deposits of paychecks or government benefits up to four days early, establish and grow credit through a secured credit card, and more. This expands upon PLS’ and Green Dot’s existing partnership offering PLS customers access to the Green Dot Network of more than 90,000 retail locations throughout the U.S. that offer cash-in and cash-out capabilities.