Introducing:

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Introducing:

A StonehamBank account is required for parent or guardian enrollment.
Finally Hands-on Financial Learning for Kids with Parent Supervision!
We’re excited to introduce our app where you can help teach your kids to manage real money in real time. With parents serving as a safety net, children learn to be accountable for the money they receive and the way they use it. Parents monitor their child's financial decisions, set limits, and contribute to their financial success by setting healthy parameters.
The app is easy to download, use and its features help your kids gain valuable hands-on experience for managing money. Our app is easy to use and will motivate your children to save†, share†, and spend their allowance.

The Stonehambank GrowMore app is designed to provide your kids with real life lessons in managing money. Easy to download, your kids and teens will stop fighting over chores and will become motivated, accountable, and responsible!

These cards give anyone between 5–17 years old the freedom to spend everywhere Visa is accepted, and parents see every transaction made. Add funds anytime and from anywhere. Up to 5 cards are included with every family account, so there’s no reason why kids and teens can’t begin building good spending habits from an early age
The app provides a chore chart where the chores and allowance are preset by the age of the child. Parents have the option to manipulate these as well.
Through this app, your children can make a difference by donating a percentage of their allowance with a growing list of charities inside the app.
Reward an outstanding performance, getting straight A’s in school or for going above and beyond while helping out around the house. An app bonus gives a parent or grandparent the chance to pay any child to show appreciation for a job well done.
BusyPay† is an easy way for family or friends to send money to a child’s GrowMore account. Perfect for birthdays, spoiling grandkids, holidays, work, babysitting, mowing the grass. When someone sends money using BusyPay, they are promoting a new financial literacy experience!
Helps your child grow savings by matching what is saved each week. It’s a fast way to build their app savings!
We all wish everyday was payday, well now it can be for your child.
For the family that wants to just set an allowance no matter how many chores are completed.
Parents have the option to lock the Share and Spend areas to help money grow.
No matter how many children are in your family, they each have their own account and PIN for access. Though more than five children are allowed on an account, only five can have a card.
Both parents are able to approve chores and money movement.
Parents control how much allowance goes into the Save, Share and Spend areas. As long as it equals 100%, parents can set it anyway that fits the family.

Frequently asked questions about the GrowMore app:
+ The StonehamBank GrowMore program is provided through BusyKid. The BusyKid Visa® Prepaid Card is issued by Pathward®, National Association, Member FDIC, pursuant to a license from Visa U.S.A. Card can be used everywhere Visa debit cards are accepted. All Cardholder funds are eligible for FDIC pass-through insurance by the FDIC in accordance with the FDIC’s applicable terms and conditions to the extent they are held by Pathward, N.A., a FDIC-insured depository institution. For more information about your card terms and conditions including the Visa Zero Liability policy go here. Cliq® is the exclusive and authorized Servicer of the BusyKid Visa Prepaid Card. Neither Cliq nor BusyKid are banks or FDIC-insured institutions and the FDIC’s deposit insurance coverage only protects against the failure of a FDIC-insured institution.
† Optional feature is a BusyKid product.
A $10 minimum opening deposit is required. Parent or legal guardian must have an active StonehamBank personal checking account and be a joint owner on the account. Account subject to approval. Additional terms and conditions apply.[
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