Greenwood, a modern digital banking platform for Black and Latino individuals and businesses, announced today it has surpassed 500,000 sign-ups for its virtual banking services in just 100 days.
In addition, Greenwood announced a donation to the Drum Major Institute, an organization co-founded by Rev. Dr. Martin Luther King, Jr. and dedicated to creating commonsense solutions to drive social progress for all American citizens. A contribution also will be presented to the Martin Luther King, Jr. Center for Nonviolent Social Change, an organization founded by Mrs. Coretta Scott King as the official living memorial of the life, work and legacy of Dr. King. Its mission is to prepare global citizens to create a more just, humane, equitable and peaceful world using his nonviolent teachings. The King Center will join other notable organizations as part of Greenwood’s Give Back program, wherein customers round up their spending to the nearest dollar to donate to worthy causes.
“500,000 people signing up for Greenwood in the first 100 days is a testament to the need in the Black and Latino communities for financial empowerment,” said Ryan Glover, Greenwood’s chairman. “This mission of economic empowerment was a key teaching and cause of Martin Luther King, Jr. We are pleased to honor his legacy as we aim to continue this important work.”