Check Into Cash takes ownership of ailing GreenBank

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Tennessee-based Check Into Cash has stepped in to save ailing GreenBank by offering bank owners a buyout package.

According to representatives from Check Into Cash, the customers will have a few new policies to adjust to, but the transition should be relatively smooth. Each time clients cash a check, they will have one week to bring another deposit for an additional 135% of the previous deposit, or receive a penalty equal to the value of whatever vehicle they may own.

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