Banks
- April 2, 2021
- By: P.T. Phan
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A Financial Education and Literacy Partnership with Banks
GreenPath partners with banks to support customer financial wellness and serve LMI communities. Through trusted financial education programs, partnering with GreenPath enables banks to become a venue of support for people to achieve their financial goals.
GreenPath partners with banks to provide their customers trusted financial education programs, financial literacy programs and digital financial literacy tools,
As a trusted national nonprofit, people turn to GreenPath for financial education and financial literacy. We assist banks to improve Community Reinvestment Act (CRA) outcomes. We also support and strengthen the financial capabilities of loan denied and credit challenged customers.
The GreenPath Partner Center
Our Partner Center is a one-stop-shop for marketing materials and education resources. We aim to give our partners tailored-made marketing assets at a click.
Customer-Focused Tools & Resources
A financial education program from the national nonprofit GreenPath is proven to reduce financial stress. People are at the center of every decision we make, and they have unlimited access to GreenPath counselors. You know that your customers are treated with dignity, respect, and compassion regardless of how large or small their needs.
The LearningLab+
Online Financial Education
Explore GreenPath’s LearningLab+ for all things financial. GreenPath partners with banks to provide their customers a financial education program, financial literacy program and digital financial literacy.
The LearningLab is a free, intuitive online portal offering your users easy-to-use educational experiences.
Virtual Financial Coach
24/7 Financial Advice
The Virtual Financial Coach uses award-winning AI and digital engagement technology from eGain to deliver 24/7 personalized GreenPath guidance. The tool offers digital financial literacy anywhere, anytime.
Judgement Free
One-on-One Financial Coaching
Our certified, empathetic financial counselors offer judgment-free coaching to support financial understanding and progress toward people’s goals on topics such as debt, budgeting, credit, housing, and student loans.
- Debt — If members have high interest credit card debt, a Debt Management Plan may be able to help them lower their interest rates and pay off debt faster with the goal of becoming Debt Free.
- Budgeting and Saving — During a financial counseling session, members create a spending plan that works towards their financial goals, including building savings.
- Credit — Our counselors work with members to better understand their credit report, dispute inaccurate information, and manage their credit score.
- Housing — Housing experts provide support to members who are going through the home buying process, or struggling with rent or mortgage payments.
- Student Loans — Certified student loan experts provide unbiased student debt assessments, repayment options, and assistance to members when qualifying and applying for payment plans.
Support for Successful Behavior Change
Members are telling us the program works.
92%
of people feel better prepared to handle their finances
after financial counseling
94%
of people provided clear next steps to improve their situation
after financial counseling
89%
of people reported improved spending habits
after successful DMP
78%
reported an ability to increase their savings
after successful DMP
Fulfill CRA Requirements and
Measure Impact
- Detailed Reporting to Quantify CRA Impact and Outcome
- Volunteer Friendly Branded Educational Workshop Content with Train-the-Trainer Support
- Branded Online Financial Education Resources
- Marketing Support – Social Media Posts, Webinars, Web Banners
- Take a look at GreenPath’s 2022 Annual Report
People Are at the Center
of Every Decision
GreenPath delivers more than 60 years of experience in providing financial education, financial literacy programs. Your customers have unlimited access to GreenPath counselors. You know that your customers are treated with dignity, respect, and compassion regardless of how large or small their needs.
Rus Halsey
Independent Bank Corporation
“Through partnering with GreenPath Financial Wellness, Independent Bank has enhanced their ability to support customers in reaching financial goals, develop stronger relationships with customers, improve customer satisfaction, and provide impactful financial literacy resources to staff and customers.”
Let's Talk
Want to learn more about GreenPath’s partnerships but prefer us to call you? Fill out our call request form and we’ll be in touch within 48 hours.