Hands-on Financial Learning for Kids with Parent Supervision!
OCB Next Gen is an account that 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.
Get the App
Download the OCB Next Gen App to Get Started!
Download it for free:
App Features (Designed by Parents)
- Chores and allowances based upon ages
- Donate to local charities
- Friends/family can add money using BusyPay™†
- Real-time approval notifications on all money transactions
- Parents can follow all activity for each child
- Send bonuses for outstanding achievements, work or just because
- Auto Allowance† — set it and forget it
- Savings Match† — match what is saved
The OCB Next Gen app through BusyKid is designed to provide your kids with real life lessons in managing money.
Plus, get all of these features too:
Parental Matching On Child Savings
Helps your child grow savings by matching what is saved each week. It’s a fast way to build their app savings!
Ability To Change Scheduled Paydays
We all wish everyday was payday, well now it can be for your child.
Pay Allowance With No Chores
For the family that wants to just set an allowance no matter how many chores are completed.
Parental Money Movement Controls
Parents have the option to lock the Share and Spend areas to help money grow.
Establish Individual Identities
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.
Multi-parental Approvals
Both parents are able to approve chores and money movement.
Automatic Allowance Allocations
Parents control how much allowance goes into the Save/Invest, Share and Spend areas. As long as it equals 100%, parents can set it anyway that fits the family.
Every Account Comes With Up to Five OCB Next Gen Branded Visa® Prepaid Debit Cards
These cards give anyone between 8-17 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, giving kids and teens the opportunity to learn responsible spending.
The app 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.
At a time when the majority of high school graduates don’t receive the proper education on how to manage money, the app helps to supplement what students have learned by providing real-life financial situations and decision making. Think of it as “Practice Makes Perfect.”
No. One Community Bank is proud to offer this app as an opportunity to educate the next generation with a hands-on app that is both engaging and educational.
Our app is designed for children 8-17 years old and each family can enroll up to five children on one account. Each child, at least 8 years old, is eligible to receive a One Community Bank branded BusyKid Visa Prepaid Debit Card which can be used to make purchases in stores or online.
Parents can get real-time account transaction notifications and call follow all activities through the app. Funds on a card are FDIC+ — insured up to $250,000.
Yes. This app 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. Plus parents can see all transactions inside the app activity feed and receive necessary notifications.
+The One Community Bank Next Gen program is provided through BusyKid and marketed by Utah Independent Bank, Member FDIC. 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.
*BusyKid’s provision of access to securities products and brokerage services are offered by Apex Clearing Corporation. Apex Clearing Corporation is an SEC registered broker dealer, a member of FINRA and SIPC, and is licensed in 53 states and territories. FINRA BrokerCheck reports for Apex Clearing Corporation are available at: https://brokercheck.finra.org/.This feature is optional and not affiliated with Pathward nor Visa.
†This feature is an optional BusyKid product