Green Dot Receives Regulatory Approval to Acquire Walmart MoneyCard Portfolio from GE Capital Retail Bank

  Green Dot Receives Regulatory Approval to Acquire Walmart MoneyCard
  Portfolio from GE Capital Retail Bank

Business Wire

PASADENA, Calif. -- November 25, 2013

Green Dot Corporation announced that its subsidiary bank, Green Dot Bank,
received required regulatory approvals from the Board of Governors of the
Federal Reserve System and the Utah Department of Financial Institutions
related to the pending acquisition of the legacy Walmart MoneyCard Portfolio
from GE Capital Retail Bank. The consummation of the transaction is subject to
closing conditions, including, among other things, the Department of Justice’s
required 15-day waiting period. The transaction is expected to close during
the first quarter of 2014.

Forward-Looking Statements

This press release contains forward-looking statements, which are subject to
the safe harbor provisions of the Private Securities Litigation Reform Act of
1995. These statements include, among other things, statements of timing of
closing and other future events that involve risks and uncertainties. Actual
results may differ materially from those contained in the forward-looking
statements contained in this press release. The potential risks and
uncertainties that could cause actual results to differ from those projected
include, among other things, the possibility that the transaction does not
close or that prior to the closing of the proposed transaction, the
possibility that the migration of accounts from GE Consumer Retail Bank to
Green Dot Bank does not achieve all regulatory approvals. These and other
risks are discussed in greater detail in the Company's Securities and Exchange
Commission filings, including its most recent annual report on Form 10-K and
quarterly report on Form 10-Q, which are available on the Company's investor
relations website at http://ir.greendot.com/ and on the SEC website at
http://www.sec.gov. All information provided in this release and in the
attachments is as of November 25, 2013, and the Company assumes no obligation
to update this information as a result of future events or developments.

About Green Dot Corporation

Green Dot Corporation is a technology-centric, pro-consumer Bank Holding
Company with a mission to reinvent personal banking for the masses. The
company is the largest provider of prepaid debit card products and prepaid
card reloading services in the United States, as well as a leader in mobile
banking with its GoBank mobile bank account offering. Green Dot Corporation
products are available to consumers at more than 80,000 retailers nationwide,
online and via the leading app stores. The company is headquartered in
Pasadena, California with its bank subsidiary, Green Dot Bank, located in
Provo, Utah.

Contact:

For Green Dot Corporation
Investor Relations
Christopher Mammone, 626-765-2427
IR@greendot.com
or
Media Relations
Brian Ruby, 203-682-8268
brian.ruby@icrinc.com