M1 Teams Up With Greenlight

M1 is excited to announce a new partnership with Greenlight® Financial Technology, Inc. (“Greenlight”) to empower families and help the next generation build strong financial habits for life. Members of Members First can enjoy free* access to Greenlight, the award-winning app that helps families teach kids smart money habits.

"We’re always looking for ways to make a positive impact for our members and their families," said Teresa Cunningam, Marketing Leader at Members First Credit Union. "Greenlight lets kids learn money skills in a fun, interactive way - setting them up for success now and in the future."

Financial literacy is more important than ever. While 91% of kids and teens believe they need financial knowledge to achieve their goals, and 94% of parents agree**, only 35 states require a personal finance course for students. Teens score an average of 64% on the National Financial Literacy Test, highlighting a gap in accessible, effective financial education. Parents also rank personal finance as the most challenging life skill to teach, with 81% wishing they had more tools and resources to support their children. ***

Greenlight provides kids and teens with hands-on money management experience through a debit card and app that helps them learn to earn, save, give, and spend wisely. The platform allows parents to quickly send money, automate allowances, manage chores, set spending controls, and receive real-time transaction notifications. Kids can also explore Greenlight Level Up™, an in-app financial literacy game with challenges, rewards, and a comprehensive curriculum.

“Both of my kids have Greenlight debit cards, and it’s been a fantastic tool for teaching them financial responsibility,” shared Noelle Robinson, VP of Employee Relations and parent using Greenlight. “They’ve learned to manage money, save, and earn through chores. From a parent’s perspective, the app is user-friendly, transferring money is quick and stress-free, I get real-time alerts and it’s incredibly helpful for guiding their financial growth. Great experience all around!”

M1 members can claim their free* Greenlight subscription by registering and linking their Members First account. Learn more at mfcu.net/greenlight.

The Greenlight card is issued by Community Federal Savings Bank, member FDIC, pursuant to license by Mastercard International.

*Members First Credit Union members are eligible for the Greenlight SELECT plan at no cost when they connect their Members First Credit Union account as the Greenlight funding source. Subject to minimum balance requirements and identity verification. Upgrades will result in additional fees. Offer available through a partnership between Members First Credit Union and Greenlight and may change. Subject to partner participation. Members may be responsible for any applicable monthly fees, starting at $5.99/mo., if partnership ends.

Card images shown are illustrative and may vary from the card you receive.

**Survey insights collected by Greenlight through a Researchscape survey fielded March 22–24, 2024, among 2,310 U.S. respondents ages 10–19 and parents of 10–19-year-olds.
***Survey insights collected by Greenlight through a Researchscape survey fielded February 9–12, 2023, among 1,034 U.S. working parents of 8–18-year-olds.