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About Good Money

Good Money is a San Francisco-based neobank and digital banking platform founded in 2018 by Gunnar Lovelace. It operates as a customer-owned cooperative, merging financial services with social and environmental initiatives. The platform offers FDIC-insured checking and high-yield savings accounts, both with no ATM or overdraft fees. Customers gain equity ownership upon account creation and can increase their equity through app usage, direct deposits, and referrals. Good Money directs 50% of its profits to environmental and social justice causes, allowing customers to influence investment choices. Good Money targets socially conscious individuals who seek ethical banking alternatives. Its model emphasizes financial inclusivity and community-driven decision-making, providing transparency in profit distribution and impact goals.

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