TheGridNet
The Minneapolis Grid Minneapolis

U.S. Bank, Greenlight Partner to Bring Financial Empowerment to Families

U.S. Bank has partnered with Greenlight Financial Technology, Inc. (Greenlight), a household fintech firm aiming to increase financially-smart youngsters, to offer an innovative banking resolution for households. The partnership supplies complimentary entry to Greenlight’s award-winning debit card and cash app, which helps households train their youngsters and teenagers to earn, save, and spend properly with parental supervision. Greenlight also supplies children with an industry-leading curriculum designed to empower them with cash expertise and confidence. Starting at this time, eligible U.S.-Bank shoppers with a U.K. Smartly checking account or eligible U-S. checking account will be able to enter Greenlight.

U.S. Bank, Greenlight Partner to Bring Financial Empowerment to Families

公開済み : 10ヶ月前 沿って grace777Finance

Collaboration supplies complimentary entry to Greenlight debit card and monetary literacy instruments within the U.S. Bank Mobile App

MINNEAPOLIS–(BUSINESS WIRE)–U.S. Bank introduced at this time a partnership with Greenlight ® Financial Technology, Inc. (Greenlight), the main household fintech firm on a mission to assist mother and father increase financially-smart youngsters, to offer an revolutionary banking resolution for households.

This press launch options multimedia. View the total launch right here: https://www.businesswire.com/news/home/20240606291259/en/

Eligible U.S. Bank shoppers will now have complimentary entry to Greenlight’s award-winning debit card and cash app, serving to extra households train their youngsters and teenagers vital monetary expertise. U.S. Bank is the primary monetary establishment to supply Greenlight by way of an embedded cell app expertise, leveraging Greenlight’s new software program improvement package.

Already trusted by greater than 6 million mother and father and youngsters, Greenlight supplies youngsters and teenagers with invaluable cash administration expertise whereas mother and father get pleasure from time-saving comfort and peace of thoughts. With Greenlight, youthful U.S. Bank relations can put cash expertise into follow as they be taught to earn, save, and spend properly ” all with parental supervision.

U.S. Bank has a long-standing dedication to powering the potential of our shoppers and communities by way of monetary schooling. For households, there is no such thing as a higher manner for teenagers and teenagers to construct confidence and cash expertise than with hands-on expertise, stated Tim Welsh, vice chairman of client and enterprise banking at U.S. Bank. Our partnership with Greenlight revolutionizes how our shoppers can train their youngsters about cash, by offering trusted and confirmed monetary instruments that create optimistic cash habits.

Greenlight brings U.S. Bank shoppers a simple, handy approach to handle household funds, together with best-in-class monetary schooling. Parents can ship cash immediately, automate allowance funds, handle chores, set versatile spending controls, get real-time notifications of all transactions, and extra. Kids and teenagers get hands-on expertise studying to earn cash, spend responsibly, and set financial savings objectives for the longer term. Kids may also tackle interactive academic challenges and earn rewards by enjoying Greenlight Level Up™, an in-app monetary literacy recreation with an industry-leading curriculum designed to empower younger individuals with cash expertise and confidence.

At Greenlight, we’re at all times on the lookout for new methods to assist extra younger individuals develop wholesome monetary habits for a greater future, stated Tim Sheehan, CEO and co-founder at Greenlight. Partnering with U.S. Bank permits us to deliver Greenlight to thousands and thousands of latest households, getting ready the following era with the monetary data, expertise, and confidence they want.

Starting at this time, U.S. Bank shoppers with a U.S. Bank Smartly ® Checking account or different eligible U.S. Bank checking account will obtain complimentary entry to Greenlight. To be taught extra, please go to www.usbank.com/greenlight.

This is the most recent consumer providing associated to Bank Smartly, launched in 2022 to simplify the checking account and rewards expertise. Bank Smartly comes with advantages and options that empower shoppers to handle their cash simply and get again to priorities. Clients that open a Bank Smartly Checking account may also enroll within the Smart Rewards program and unlock extra advantages primarily based on their complete qualifying balances all through the financial institution.

U.S. Bancorp, with greater than 70,000 staff and $684 billion in property as of March 31, 2024, is the dad or mum firm of U.S. Bank National Association. Headquartered in Minneapolis, the corporate serves thousands and thousands of shoppers regionally, nationally and globally by way of a diversified combine of companies together with client banking, enterprise banking, industrial banking, institutional banking, funds and wealth administration. U.S. Bancorp has been acknowledged for its strategy to digital innovation, group partnerships and customer support, together with being named one of many 2024 World’s Most Ethical Companies and Fortune’s most admired superregional financial institution. Learn extra at usbank.com/about.

Greenlight Financial Technology is the household fintech firm on a mission to assist mother and father increase financially-smart youngsters. Its product, Greenlight, is an award-winning banking app, full with a debit card for teenagers and teenagers and security options for the entire household. Parents can automate allowance, handle chores, set versatile spending controls, and make investments for his or her household’s future. Kids and teenagers be taught to earn, save, spend properly, give, and make investments. Together, households may also keep protected and linked with location sharing, SOS alerts, crash detection with 911 dispatch, driving scores, experiences and real-time journey alerts.

Greenlight companions with greater than 50 main banks, credit score unions, and employers to deliver its household finance resolution to extra households by way of the Greenlight for Banks, Greenlight for Credit Unions, and Greenlight for Work applications.

The Greenlight Debit Card is issued by Community Federal Savings Bank, member FDIC, pursuant to license by Mastercard (NYSE:) International. Greenlight Investment Advisors, LLC, an SEC Registered Investment Advisor, supplies funding advisory providers to its shoppers. Investing includes danger and should embody the lack of principal. Greenlight is a monetary know-how firm, not a financial institution. The Greenlight app facilitates banking providers by way of Greenlight’s financial institution companions. For extra info, please go to: greenlight.com.

Disclosures: Deposit merchandise are provided by U.S. Bank National Association. Member FDIC.

Read at original source