11/07/2024 | Press release | Distributed by Public on 11/07/2024 11:44
Liberty Bank, headquartered in Middletown, Connecticut, announced today its new partnership with Greenlight - the award-winning family finance app - to empower financial literacy for families, teens and children.
Effective immediately, Liberty Bank is offering complimentary access to the Greenlight debit card, money app and financial literacy tools. Liberty Bank is helping more young people gain access to invaluable money management experience and education, earlier in life.
Greenlight's award-winning debit card and app is already loved by more than six million parents and kids, with a 4.8-star rating in the App Store. It teaches kids and teens critical financial skills like how to earn, save, give and spend wisely - all with parental supervision.
"Liberty Bank has a long-standing commitment to driving the full potential and financial success of our customers, teammates and communities. Our partnership with Greenlight is another way we are helping families achieve financial security," said David W. Glidden, Liberty Bank President and CEO. "Greenlight's product will enable us to deliver proven money management solutions for families with a valued coach that guides youth through each phase of their journey to become their best financial selves."
Using the Greenlight app, parents can send money to their kids and teens 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 an industry-leading curriculum, educational challenges, and rewards.
Special Note: Liberty Bank customers are eligible for the Greenlight SELECT plan at no cost when they connect their Liberty 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 02/15/2028. Offer subject to change and partner participation.
About Liberty Bank
Established in 1825, Liberty Bank is the oldest and largest independent mutual bank in the country. With nearly $8.0 billion in assets, Liberty has 56 banking offices across Connecticut and two in Massachusetts. As a full-service financial institution, Liberty offers consumer and commercial banking, cash management, home mortgages, business loans, insurance and investment services. Named 'Top Workplace' by the Hartford Courant every year since 2012 and designated a 2021, 2022 and 2023 Best-In-State Bank in Connecticut by Forbes Magazine.