Forte Bank Launches Greenlight® to Help Families Raise Financially Smart Kids and Teens

Forte Bank is excited to announce its partnership with Greenlight® Financial Technology, Inc., offering families a powerful new way to teach kids and teens the essentials of money management. Starting today, Forte Bank customers will enjoy free access to Greenlight’s award-winning family finance app, available through the Greenlight for Banks program.

With financial literacy more important than ever, the numbers speak for themselves:

• 91% of kids and teens believe financial skills are essential to achieving their goals.*
• 94% of parents agree but often lack the tools to teach these skills effectively.**
  

Despite this, financial education remains limited, with only 35 states requiring personal finance courses in schools.

Greenlight bridges this gap by combining a debit card for kids and teens with a comprehensive app that teaches them how to earn, save, spend, and give wisely—all under parental guidance. Features include:

• Instant money transfers from parents to kids
• Automated allowances and chore management
• Real-time notifications for all spending activity
• Flexible parental controls and spending limits
• Greenlight Level Up™, an in-app financial literacy game with interactive challenges and rewards

“Forte Bank is committed to empowering families with tools that support financial well-being,” said Tim Purman, President and CEO of Forte Bank. “Our partnership with Greenlight provides parents and kids a simple, engaging way to learn and grow together. It’s a valuable step toward building financially confident future generations.”

Forte Bank customers can activate their free Greenlight Select subscription by visiting this page and linking their Forte Bank account as a funding source.

*Greenlight collected survey insights 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.

**Greenlight collected survey insights through a Researchscape survey conducted between February 9 and 12, 2023, among 1,034 U.S. respondents, all of whom were working parents of 8-18-year-olds.

Since 1907, Forte Bank has prioritized personal relationships with each customer and supported local businesses, associations, and community projects. With branches in Hartford, Slinger, Richfield, and West Bend, Wisconsin, Forte Bank is dedicated to meeting its customers’ needs at every intersection of life. Whether buying a home, opening a savings account, helping a new business take off, or contributing to a worthy community cause, Forte Bank is your community bank, your opportunity bank. For more information about Forte Bank, please visit www.fortebankwi.com.