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NextGen

Financial Learning for Kids through a Parent Supervised App!

With NextGen, you can teach your kids to Earn, Manage, and Spend money under parental guidance. Your children will be accountable for the money they receive and the way they use it. Parents can monitor their child's financial decisions, set limits, and contribute to their financial success by setting healthy parameters for them. 

                                                         

Hands-on Experience to Learn Saving, Investing, Sharing, and Spending.

                                
                                                                                     


The numbers speak for themselves.
  • 75% of teens lack confidence in their knowledge of personal finance!
  • 73% of teens reported wanting more personal finance education in 2021.
  • 32% of teens don't know the difference between a credit card and a debit card.        https://www.annuity.org/financial-literacy/financial-literacy-statistics/

Gear them up for the future! Take advantage of the next generation of banking for kids and teens at First Bank Hampton! Get them started with NextGen at First Bank Hampton. 

Frequently asked questions about NextGen...

Who are NextGen accounts for?
NextGen was designed for children under the age of 17.

Is there a cost to enroll with NextGen?
First Bank Hampton is proud to offer NextGen free of charge. This is an opportunity to educate the next generation with a hands-on app that is both engaging and educational.
Can I enroll more than one child?
Families can enroll up to 7 children into their NextGen app.

Is NextGen safe?
NextGen accounts are FDIC-insured up to $250,000. Parents can get real-time account transaction notifications and can follow all activities through the app.

What is NextGen at First Bank Hampton?
NextGen is a hands-on money management platform for kids and teens. It helps to teach them how to save, donate, spend and invest real money they earn or given.
Why is NextGen Important To Use?
At a time when the majority of high school graduates don't receive the proper education on how to manage money, NextGen helps to supplement what students have learned by providing real-life financial situations and decision making. Think of it as "Practice Makes Perfect". 
Are Parents Still Involved?
Yes. NextGen is designed for kids and teens to experience what it's like to earn and manage their own money, however, parents are still involved in any money transactions inside the app and must provide approval before funds can be used outside the platform for spending, donating or investing.