Kachinga vs Affinity Plus Youth Banking

Kachinga™ helps parents raise financially smart kids by combining an intuitive allowance, chore, and savings management app with a secure debit card for kids with parental controls to provide critical real-world money experience. Kachinga empowers kids by giving them age-appropriate ideas how to earn money and the freedom to make their own money decisions in a safe and controlled environment. And gives parents peace of mind by making it super easy to transfer money (no more trips to the ATM!), providing transparency and controls for kids’ spending, and delivering personalized financial literacy guidance and tools to help teach kids how to manage money responsibly. Kachinga uses a reloadable debit card which means kids can only spend what parents put on the card. This means no overspending and no unexpected overdraft fees. Ever. FOR PARENTS – CONVENIENCE & PEACE OF MIND - Automate allowances & paid chores - Instantly transfer money to kids’ cards - Manage paid & unpaid chores - Get real-time spending & chore notifications - Set parent-paid interest rates for all savings - Automatically match funds for each Save goal - Turn card on/off from the app - View kids’ account histories & trends - Invite others to contribute to kids’ Save goals FOR KIDS & TEENS – FREEDOM & RESPONSIBILITY - Use their own app to manage their money - Track Spend, Save & Give account balances - View & manage chores - Request paid chores - Create savings & giving goals - Shop online & in stores with their own card - Use Apple Pay - Turn card on/off from the app - View account history & trends SECURITY YOU CAN COUNT ON - No hidden fees & no overdrafts mean no unwelcome surprises - Accounts are FDIC insured through our partner Sunrise Banks, member FDIC - Bank-grade encryption & authentication; we never store Social Security numbers - Highly secure data management & strict data privacy; we never sell your data - Fingerprint & Face ID lock to ensure privacy & security - Automatically blocked categories for non-age appropriate spending - Parents can choose if or how much money a kid can withdraw from ATM Kachinga offers two subscription options: - Real Money (Free for 1 month, $36/year per child): Transfer money to your child's Kachinga reloadable debit card to provide critical real-world experience. - Virtual Money (Free): Manage & track money you're holding elsewhere for your kids. Perfect for younger kids! Learn more at https:/kachinga.com.

Welcome to Affinity Plus Youth Banking! Easily send money, view transactions, and track finances with our all-in-one app designed for parents and kids. It’s where your kids can learn about money and practice good habits, all with your help. What kids can do: • Set a savings goal and transfer money into it. • Watch short videos about how banking works, and how to be smart with money. • Send you requests for money, with a note about why they want it. • See your notes and reply to them, or just send a heartfelt emoji. • Transfer between their own Affinity Plus accounts, if they have more than one. • Keep track of their chores, and let you know when they’re done. • They can even send YOU money, if they need to pay you back. • Check their balance and see all their transactions. What parents can do: • Set a savings goal for your child, and watch their saving progress. • Watch short videos with tips on how to talk to your child about money, and how to use the app with them. • Request money from your child, and make it a practice loan with monthly payments, an interest rate, and due dates (late fees, too). • Include notes to your child when you transfer to them, or when you say no to their requests. • Set spending limits for them. • Assign chores, track progress, and pay when they’re done. • Freeze their debit card. • Check their balance and see all their transactions. • One parent can link to multiple kids in the app. To get the app: 1. First, both you and your child need: • Your own mobile phones with separate phone numbers (for multi-factor authentication) • Your own separate email addresses (to register for the app) • Affinity Plus memberships If your child doesn't have a membership yet, you can open one over video banking, or at one of our branches. Please note that we’ll ask for a copy of your child’s birth certificate. 2. You’ll both download the Affinity Plus Youth Banking app to your devices. 3. The parent should register first, then the child – and both should do it on their own phones. 4. It helps to have both devices handy when you register, because your child will need a Parent Code from you. 5. Then get ready for easy transfers, and even better – good talks about money!