Metro Credit Union and Greenlight Collaborate to Enhance Financial Literacy for Children
Metro Credit Union Teams with Greenlight for Financial Education
In a commendable move to foster financial literacy among the youth, Metro Credit Union, recognized as the largest state-chartered credit union in Massachusetts, has announced an exciting partnership with Greenlight® Financial Technology, Inc. This initiative aims to assist families in providing their children with the necessary financial skills for a prosperous future. Through the Greenlight for Credit Unions program, Metro Credit Union members will be granted complimentary access to Greenlight's acclaimed family finance application, making it easier to teach financial responsibility.
Recent statistics unveil a significant demand for financial education among the younger population. Surveys reveal that an impressive 91% of children and teens recognize the necessity of financial knowledge and skills to reach their aspirations. Furthermore, 94% of parents share this sentiment, acknowledging the importance of financial education. Alarmingly, only 35 states have mandated personal finance courses for students, and teenagers' average score on the National Financial Literacy Test stands at a mere 64%, indicating a pressing need for accessible and effective financial education resources.
The responsibility of teaching personal finance appears daunting for many parents, with a staggering 81% expressing the desire for more educational tools and resources. Greenlight's innovative platform directly addresses this gap, offering a debit card and app designed to educate kids and teens on earning, saving, giving, and spending wisely—all while allowing for parental oversight. The Greenlight app facilitates instant money transfers, automates allowance payments, manages chores, sets flexible spending limits, and provides real-time transaction notifications, empowering children with hands-on money management experience.
One of the app’s standout features is the Greenlight Level Up™, an engaging in-app financial literacy game that includes a state-of-the-art curriculum, educational challenges, and rewarding opportunities that keep young users engaged and informed.
Robert Cashman, the President and CEO of Metro Credit Union, emphasized the value of this partnership, stating, "Empowering our members through financial education is central to what we do at Metro. We are excited to collaborate with Greenlight to bring essential money management skills to kids and teens. Our members now possess the opportunity to teach their children about finances and equip them for future success."
For Metro Credit Union members wishing to partake in this valuable initiative, a free Greenlight subscription can be acquired by registering at MetroCU.org and linking their Metro account as a funding source.
It's important to note that the promotion allows Metro Credit Union members to access the Greenlight SELECT plan at no cost, as long as they maintain their account connected to Greenlight throughout the promotional period. Specific conditions apply, including minimum balance requirements and identity verification, and after the promotional terms, members may incur applicable monthly fees.
Metro Credit Union, founded in 1926 and managing approximately $3.4 billion in assets, offers a broad range of financial services to approximately 200,000 members across various counties in Massachusetts and New Hampshire. They cater to employees from over 1,200 organizations through their Metro@work initiative.
The credit union has made notable strides in community service and has acquired recognition for its dedication to empowering underserved populations as illustrated by its Juntos Avanzamos designation—an honor bestowed upon financial institutions committed to serving Hispanic and immigrant consumers. Recently, Metro was recognized by the Boston Business Journal for its charitable contributions, voted as the Top Credit Union in the Banker & Tradesman Best of 2024 awards, and listed as one of America's Best Regional Banks and Credit Unions in 2025 by Newsweek.
This partnership between Metro Credit Union and Greenlight stands as an embodiment of their mutual commitment to shaping a financially savvy generation, ensuring youngsters are equipped with the tools necessary to navigate their financial futures confidently and successfully.