Kellogg World Alumni Magazine Winter 2009
 
 
 

1999 — Full-Time

Jon Levey and Steve Sherman '01 have formed the first "green" community bank in the Midwest: GreenChoice Bank. GreenChoice Bank's systems and processes will be built more sustainably than a traditional bank. Rather than traditional paper-based check-processing systems, the bank will utilize image-based check processing, where deposits are scanned into the system and processed electronically both at the teller and in envelope-free ATMs. Documents will be distributed electronically and will utilize digital signature capture technology wherever possible. Many customers will not need to go into the branch to deposit checks, as they will instead have the option of using remote deposit capture to deposit checks from their desk. Check them out at greenchoicebank.com.

The bank's first banking center is within the Green Exchange (greenexchange.com), the country's first self-contained business community dedicated to furthering the green and sustainable economies.

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