FNB Partners with Greenlight to Help Parents Raise Financially Smart Kids and Teens
FNB Bank (FNB) today announced a partnership with Greenlight® Financial Technology, Inc. (“Greenlight”) to better serve families and help the next generation build healthy financial futures. Starting today, FNB customers will have free* access to Greenlight’s award-winning family finance app, available through the Greenlight for Banks program.
91% of kids and teens believe they need financial knowledge and skills to achieve their life goals, and 94% of parents agree.1 Still, only 35 states require a personal finance course for students, and teens score an average of 64% on the National Financial Literacy Test, showing a clear gap in financial education that is accessible and effective. Parents also rank personal finance as the #1 most difficult life skill to teach their children with 81% saying they wish they had more financial education tools and resources.2
Greenlight offers a debit card and app that teaches kids and teens how to earn, save, give, and spend wisely – all with parental supervision. Using the Greenlight app, parents can 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.
“We could not be happier about our new partnership with Greenlight,” stated Brooke Wiles, FNB’s Chief Marketing Officer. “We strive to provide our customers with revolutionary products and services that make managing their finances easier during every stage of life. With Greenlight, parents can still parent, while providing their children with valuable hands-on financial literacy skills. It’s win-win for parents and kids!”
FNB customers can receive a free* Greenlight SELECT plan subscription by registering through Greenlight – Grow With FNB and adding their FNB account as a funding source.
1Survey insights were collected by Greenlight through a Researchscape survey fielded between March 22 and March 24, 2024, among 2,310 respondents in the U.S., split between kids and teens ages 10-19 and parents of 10-19 year olds.
2Survey insights were collected by Greenlight through a Researchscape survey fielded between February 9-12, 2023, among 1,034 U.S. respondents, all of whom were working parents of 8-18 year olds.
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® prepaid card is issued by Community Federal Savings Bank, member FDIC, pursuant to license by Mastercard International.
*FNB Bank customers are eligible for the Greenlight SELECT plan at no cost when they connect their FNB Bank account as the Greenlight funding source for the entirety of the partnership. Subject to minimum balance requirements and identity verification. Upgrades will result in additional fees. Upon termination of partnership, customers will be responsible for associated monthly fees. See terms for details. Offer ends 11/16/2026. Offer subject to change and partner participation. Card images shown are illustrative and may vary from the card you receive.
About FNB Bank, Inc.
FNB Bank, founded in 1875, is one of the oldest banks in the state of Kentucky with assets exceeding $660 million. FNB ranks among the highest in the nation in the area of safety and soundness and has earned three consecutive ‘Outstanding’ ratings for the Community Reinvestment Act (CRA) by the FDIC. FNB is a 2021-2024 ‘Best Places to Work in Kentucky’ Small Business Category Award Winner. The bank currently has ten locations located in Graves, McCracken, Calloway, Trigg, and Marshall County. FNB is Member FDIC and an Equal Housing Lender.