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As it preps for an early 2010 debut, de novo GreenChoice Bank is running a little light on office space. But the bank's founders aren't worried; using environmentally-focused IT to reduce office space is of the plan.
"We're running a full-service community bank and we have no backroom," says Harold Sherman, president and CEO of the bank. "I've been around a long time and I can remember when we would have had a huge backroom to store checks and a processing room."
One of the first "green" banks in the Midwest, GreenChoice will initially be a community bank focused in the Chicago metro area, though it's getting a federal charter with aims of expansion. It will offer a number of environmentally-focused financial products such as rate and financing perks for...