A+ Student Checking makes the grade for providing students an account that’s simple and easy to maintain. This account can be opened with as little as $1 and is available to high school, trade school or college students with a valid school ID or proof of enrollment. Minors as young as 14 years of age1 may open this account and have a debit card issued in their name, as long as their parent or guardian is a joint account holder.
Students can choose to have the maintenance fee waived by selecting our eStatement option within 60 days of opening their account. If the student does not choose eStatement, he or she will receive a paper statement without images and will be required to maintain a minimum daily balance to avoid a monthly maintenance fee.2 Students have the option to select eStatement delivery at any time to avoid having to maintain a minimum balance or pay a monthly fee. You must be an Online Banking customer to sign up for eStatements.
Consider pairing your A+ Student Checking account with a Companion Savings account and enjoy a savings option with no minimum balance requirement or monthly maintenance fee when you combine your statements. An initial deposit of $50 is required to open a Companion Savings account and the account ownership must be identical to your checking account. Use this account to automatically transfer available funds to your checking account to cover embarrassing overdrafts.5
1You must be at least 14 years of age to open an A+ Student Checking account. A parent or legal guardian is required as a signer on the account until the student is 18 years of age, or until enrolled as a college student. A separate authorization and indemnity agreement must be signed at the time the account is opened.
2A minimum balance of $500 is required to avoid a monthly maintenance fee. If the balance falls below $500 at any time during the monthly statement period a $4 fee may be imposed.
3A debit card may be issued to a minor from 14-17 years of age as long as a parent/legal guardian is a joint account holder. May have a debit card issued in the minor’s name if the minor is the primary account holder. An Authorization for Issuance of a Debit Card must be signed by parent/legal guardian at account opening. Terms apply until minor is enrolled as a college student.
4Depending on your cell phone rate plan, messaging and Internet browsing charges may be incurred. Please check with your service provider before accessing any Internet sites using your mobile device.
5A separate application is required for this service.