Green Dot Bank-FinTech Split Moves Closer to the Finish Line

Green Dot has moved one step closer to separating its banking and FinTech operations. The company announced Tuesday (June 23) that its shareholders had approved the sale of Green Dot Bank to CommerceOne . That sale is part of a larger process that involves CommerceOne forming a new publicly traded bank holding company that owns CommerceOne Bank and Green Dot Bank.