Lee Jeffrey Ross, Jr. To Join Green Dot Corporation As Chief Compliance Officer

LOS ANGELES, July 11 /PRNewswire/ — Green Dot Corporation announced today that leading policy expert Lee Jeffrey Ross, Jr. (Jeff) will be joining the company as Chief Compliance Officer. Ross comes to Green Dot Corp. from the U.S. Dept of the Treasury, where he is the Senior Advisor (Law Enforcement) in the Office for Terrorist Financing and Financial Crimes. Widely regarded as an expert on money laundering, financial crimes and terrorist financing, Ross brings over 30 years’ experience to Green Dot, a leading retail-based financial services company.

“Jeff is a recognized expert in the anti-money laundering field, especially in the area of emerging payment products such as prepaid cards, and he is highly respected in the regulatory and law enforcement communities,” said John Ricci, General Counsel, Green Dot Corporation. “We are extremely proud to have Jeff join us at Green Dot to lead our compliance team. He shares our commitment to compliance excellence and his hiring will enable Green Dot to enhance even further our industry-leading compliance efforts that will continue to benefit our business partners, retailers, and customers.”

“I am looking forward to my role at Green Dot. This is an exceptional opportunity to apply my anti-money laundering compliance experience in the government arena to an emerging payments industry leader such as Green Dot,” said Jeff Ross.

Since 2002, Ross has served as the Senior Advisor (Law Enforcement) in the areas of money laundering and terrorist financing in the Office for Terrorist Financing and Financial Crimes in the U.S. Department of the Treasury. Ross has been helping develop Treasury’s efforts to identify and attack terrorist financing, money laundering and financial crimes from a systemic perspective. Prior to joining the U.S. Department of the Treasury, Ross served 19 years with the Department of Justice where he specialized in counter-money laundering policies in the Asset Forfeiture and Money Laundering Section, as well as in the Office of the Assistant Attorney General of the Criminal Division. Post-9/11, Ross was assigned by the Department of Justice to work with the FBI to establish its first-ever interagency counter-terrorist financing Task Force.

About Green Dot Corporation

Green Dot Corporation is a leading provider of retail-based financial services for America’s underserved community. The company offers consumers a comprehensive portfolio of financial products and services through thousands of leading retailer locations nationwide including Wal-Mart, Walgreens, CVS/Pharmacy, Rite Aid, Radio Shack and Kroger. Green Dot’s products include Green Dot MasterCard(R) and Visa(R) branded prepaid debit cards, Green Dot credit cards and the Green Dot MoneyPak(R). The Green Dot MoneyPak product provides a convenient and efficient way for consumers to load cash onto prepaid cards, use cash to make purchases and pay bills, and add cash to a variety of accounts. Green Dot is headquartered in the greater Los Angeles area. To learn more about Green Dot products and services, please visit http://www.greendotonline.com/ and http://www.getmygreen.com/. Green Dot and MoneyPak are registered trademarks of Green Dot Corporation.

    Press Contact:    LB Baer    Green Dot Corporation    LBaer@Greendotcorp.com    (626) 775-3497  

Green Dot Corporation

CONTACT: LB Baer of Green Dot Corporation, +1-626-775-3497,LBaer@Greendotcorp.com

Web site: http://www.greendotonline.com/http://www.getmygreen.com/