Patrons Bank announced a partnership with Greenlight Financial Technology, Inc. to empower families and help the next generation build strong financial futures. Starting this week, Patrons Bank customers will receive free* access to Greenlight’s award-winning family finance app through the Greenlight for Banks program.
Research shows that 91% of kids and teens believe they need financial knowledge and skills to achieve their life goals, and 94% of parents agree.** Yet, with only 35 states requiring a personal finance course for students and teens averaging just 64% on the National Financial Literacy Test, there’s a clear need for better tools and resources. In fact, 81% of parents say personal finance is the hardest life skill to teach.*** Greenlight offers a debit card and app that helps kids and teens learn how to earn, save, give, and spend wisely – all with parental oversight. Parents can quickly send money, automate allowances, manage chores, set flexible spending limits, and receive real-time notifications. Kids gain hands-on money experience plus access to Greenlight Level Up, a fun and interactive financial literacy game with curriculum-based challenges and rewards.
“At Patrons Bank, we believe smart money habits should start early – and that learning should be easy, fun, and empowering for the whole family,” said Jared Cable, President & CEO of Patrons Bank. “Through our partnership with Greenlight, we’re giving families a powerful tool to help kids grow up financially confident.”
Patrons Bank customers can receive a free* Greenlight subscription by signing up at greenlight.com/ patrons and linking their Patrons account as the funding source. Plus, the first 100 customers to sign up get a free custom card.**** — About Patrons Bank
Patrons Bank is a locally owned, community-focused bank dedicated to delivering exceptional service and innovative financial solutions. With a legacy of trust and a future forward approach, Patrons Bank supports customers at every stage of life – whether it’s personal banking, commercial lending, or helping families build a strong financial foundation. Member FDIC.
— *Patrons Bank customers are eligible for the Greenlight SELECT plan at no cost when they connect their Patrons Bank account as the Greenlight funding source for the entirety of the promotion. Subject to minimum balance requirements and identity verification. Upgrades will result in additional fees. Upon termination of promotion, customers will be responsible for associated monthly fees. See terms for details. Offer ends April 20, 2028. Offer subject to change and partner participation.
**Survey insights collected by Greenlight via Researchscape, March 22-24, 2024.
***Survey conducted by Researchscape for Greenlight, February 9-12, 2024.
****Free Custom Card Promotion. The first 100 Patrons Bank customers who sign up for a Greenlight account by April 20, 2028, and connect a Patrons Bank account as a funding source in the Greenlight app will receive a credit in the amount (with taxes) of $10.88 to purchase a Greenlight custom card. One custom card credit per family. Within 48 hours after ordering a Greenlight custom card via the link provided, Greenlight will credit the customer’s Greenlight wallet in the amount of $10.88. Offer subject to change. Existing Greenlight Plan customers are not eligible for this offer. Terms apply.