Green Dot, a financial technology and registered bank holding company, announced the appointment of Mike Althouse as chief compliance officer.
In this role, Althouse will oversee the company’s compliance programs and work to ensure the digital bank adheres to all state and federal regulations. He will report to Green Dot Bank CEO Greg Quarles.
Althouse, who brings more than two decades of compliance leadership experience to Green Dot, joins the company from The Bancorp, where he served as chief compliance officer responsible for overseeing and improving compliance programs spanning the Consumer and Commercial Deposit and Lending divisions.
Prior to The Bancorp, Althouse served as deputy chief compliance officer of Barclays U.S. Consumer Bank, leading the advisory team and providing oversight of regulatory, conduct, and reputation risk management activities. Prior to that, he held roles as head of U.S. credit compliance for PayPal and compliance lead for a private label credit card program at Capital One.