Gone are the days of schlepping to the bank. Green Dot recently announced that its GoBank checking account would be offered exclusivity at Wal-Mart stores. Banks and credit unions were the only game in town if you wanted a checking account… but no longer. New School: Green Dot teams up with Wal-Mart.īack in the “good old days” you had to walk 10 miles, uphill both ways, in the snow to go to a bank and apply for a checking account. Old Rule: A bank is where you go to get a checking account. And while $20 a month might not seem like much, it’s effectively a 16% APY, which is way more than the going rate these days.
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