Cornerstone Bank is joining forces with Greenlight® Financial Technology, Inc., to help the next generation build healthy financial futures. Customers will have free* access to Greenlight’s award-winning family finance app that teaches children how to earn, save, give and spend wisely—all with parental supervision.
“We’re thrilled to be a part of this effort to arm families with knowledge that will ensure a healthy financial future for their kids,” said Cornerstone CEO Todd Tallman. “Greenlight has come up with a very creative and fun way to instill good habits with money early in life.”
Greenlight offers a debit card and app that allows parents to send money instantly, automate allowance payments, manage chores, set flexible spending controls, get real-time notifications of all transactions and more. Kids get hands-on money management experience along with access to Greenlight Level Up™, an in-app financial literacy game with a best-in-class curriculum, educational challenges and rewards.
A recent survey of families commissioned by Greenlight shows a critical need for accessible and effective financial education. Only 35 states require a personal finance course for students, and teens nationwide scored an average of 64 percent on the National Financial Literacy Test.
Here are some of the survey’s findings:
- 91 percent of kids and teens say they need financial knowledge and skills to reach their goals
- 94 percent of parents agree
- Parents rank personal finance as the #1 most difficult life skill to teach their children
- 81 percent of parents say they need more financial education resources
Cornerstone customers can find a link to a free* Greenlight subscription on the bank’s website, adding their Cornerstone account as a funding source.
Disclaimers: Greenlight is a financial technology company, not a bank. The Greenlight app facilitates banking services through Community Federal Savings Bank (CFSB), Member FDIC. The Greenlight card is issued by Community Federal Savings Bank, member FDIC, pursuant to license by Mastercard International.
*Cornerstone Bank customers are eligible for the Greenlight SELECT plan at no cost when they connect their Cornerstone Bank account as the Greenlight funding source for the entirety of the promotion. Subject to minimum load requirements and identity verification. Upgrades will result in additional fees. Upon termination of promotion or removal of Cornerstone Bank funding source, customers will be responsible for associated monthly fees. See terms for details. Offer ends 3/10/2028. Offer subject to change or renewal.
Card images shown are illustrative and may vary from the card you receive.
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