PRIVACY POLICY (updated 2014-12-16)

This privacy policy governs your use of the iFamilyBank mobile application.

Basic Application Usage

Users create and manage virtual cash accounts that can be shared with other registered emails and with child users that have been registered.

An email address is required to register.  You may register multiple email addresses, each is considered a separate registration.

The application allows children to view their virtual accounts that are setup and managed by their parents.  Children may also create their own private virtual accounts to help them learn to manage money. 

Registering is required to use the features of the application.

An in app purchase is required to increase limits on account creation, children, and sharing. 

Information Collection and Usage

We collect email address and password for registration and log in.  This email is used for password recovery purposes.

Child names are used to register and to log in children.  Child users are only visible to the user that registered the child.  Child passwords are managed by the user that registered the child.

Only a name is used to create an account.  These are not real accounts, just the names you give them.

Transaction information (title, amount, and entry date) is captured and linked to an account.

Email address is captured when sharing an account with another user. 

Sharing an account is handled thru in-app messaging and invites.  There are no invite emails sent.  Account names and transaction information is shared when these users have registered and accepted the in-app account invite.  The owner of the account manages what users can view or edit these accounts.

We may use the information you provided us to contact you with important information or required notices.  Generally, any notifications will be provided as in-app messages.

Data Retention and Management

Information is stored on centralized servers.  This allows more than one person to log in to the same account on different devices and allows data to be shared with other users. 

We will retain data for as long as you use the application and for a reasonable time thereafter.  Any data you remove will be removed from our servers.  Please be aware that, although we endeavor to provide reasonable security for information we process and maintain, no security system can prevent all potential security breaches.

We may disclose information as required by law, such as to comply with a subpoena, or similar legal process; when we believe in good faith that disclosure is necessary to protect our rights, protect your safety or the safety of others, investigate fraud, or respond to a government request.


We may display ads supplied by a third party ad provider, such as AdMob or iAd. These providers may be using technologies to collect information as a result of ad serving.  Ads may be removed via an in app purchase.


This Privacy Policy may be updated from time to time for any reason.  You are advised to consult this Privacy Policy regularly for any changes.

Your Consent

By using the application, you are consenting to our processing and use of your information as set forth in this Privacy Policy now and as amended by us.