From Piggy Banks to Paychecks: Everwise and Greenlight Make Financial Education Fun for Families
South Bend, IN – Everwise Credit Union announced today a new partnership with Greenlight® Financial Technology, Inc. (“Greenlight”), a leader in the youth banking* industry, to help families teach kids smart money habits and build healthy financial futures.
Starting July 1, all Everwise members have free** access to Greenlight’s award-winning family finance app, available through the Greenlight for Credit Unions program. Currently, Everwise is the only credit union in Indiana that offers its members this free access.
With Greenlight, families can take advantage of debit cards for kids and an app with parental controls and powerful tools to help children learn money management through hands-on experience.
Parents can send money to their kids quickly, manage their debit cards, set parental controls on spending categories, and receive real-time purchase notifications. They can also tie allowances to chore completion and activate savings boosts like Round-Ups and Parent Paid Interest, facilitating discussions about smart money habits with their children.
Kids benefit by managing their own debit card, setting and achieving savings goals, and learning about money through financial literacy games. They can receive payments from friends and family, earn allowances for completing chores, set up direct deposit for after-school jobs, and add their card to their mobile wallet.
“Everwise is pleased to offer this valuable resource to our members at no cost,” said Ashvin Prakash, VP, Product Strategy at Everwise Credit Union. “We’re committed to providing the tools our members need to succeed, and this partnership offers a convenient, all-in-one platform for families to help their kids begin learning about financial responsibility. With Greenlight, Everwise families can turn everyday moments into meaningful money lessons—simply, safely, and with ease.”
Everwise Credit Union is Indiana’s largest Credit Union with more than $5 billion in assets, 50 branches throughout Indiana and southwest Michigan, and nearly 300,000 members. Everwise offers traditional financial services including checking, savings, mortgages, and credit cards, as well as wealth management services. Since its founding in 1931, Everwise has focused on making a positive impact on its members and the community. For more information, visit everwisecu.com.
**Everwise Credit Union customers are eligible for the Greenlight SELECT plan at no cost when they connect their Everwise Credit Union 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 06/30/2028. Offer subject to change and partner participation.