Shore United Bank Partners with GREENLIGHT to Help Parents Raise Financially Smart Kids and Teens

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Shore United Bank 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, Shore United Bank customers will have free† access to Greenlight’s award-winning family finance app, available through the Greenlight for Banks / Greenlight for Credit Unions program.
91% of kids and teens believe they need financial knowledge and skills to achieve their life
goals, and 94% of parents agree.* 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.**

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 quickly send
money, 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.

Shore United Bank customers can receive a free† Greenlight subscription by registering through
Greenlight | Teach your kids to earn, save, and spend wisely. and adding their Shore United
Bank account as a funding source. Or visit https://www.shoreunitedbank.com/greenlight.

†Shore United Bank customers are eligible for the Greenlight SELECT plan at no cost when
they connect their Shore United 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, members will be responsible for
associated monthly fees. See terms for details. Offer ends September 19, 2030. Offer subject
to change and partner participation.
*Survey 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.
**Survey 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.

About Greenlight
Greenlight is the fintech company on a mission to help families navigate money and life
together. Its award-winning app offers a debit card, money management platform, and safety
features for the whole family. Kids and teens learn to earn, save, and invest, aging loved ones
are protected against financial and digital threats, and caregivers and parents can check in by
app and set flexible controls. The app also helps families, from kids to grandparents, stay safe
and connected with real-time alerts, location sharing, emergency services, and driving reports.

Greenlight partners with more than 200 leading banks, credit unions, and employers to bring its
family finance solution to more families through the Greenlight for Banks and Greenlight for
Credit Unions programs.

If you have any questions, contact Debra Rich, Chief Marketing Officer, Shore United Bank.