Varo Bank, N.A., the first all-digital, nationally chartered consumer techbank in the U.S., announced the appointment of Wook Chung as Chief Product Officer.
Chung joins the bank at an exciting period of innovation, as it capitalizes on its bank charter, enabling agile product design that provides technology-first solutions to meet customers' most important banking and money management needs. The techbank, founded in 2015, combines the capabilities and nimbleness of a technology company with the security and oversight of a regulated financial institution.