Teen Checking | High Five Savings | iPod Contest
Teen Checking
Apply for an account online
This account offers the same features and benefits as adult checking accounts PLUS some extras just for teens.
- $1 minimum to open
- Open to teens aged 15 - 17
- Checking account responsibility course must be completed prior to account being opened Click Here for Course
- Parent or legal guardian must be account co-owner
- No overdraft privilege
- Free non interest-bearing checking with unlimited check writing
- Free checks
- Free debit/ATM card
- Free online banking and bill payment
- Free ATM transactions at SUM ATMs
- Account converts to Free Checking Plus when owner reaches age 18
- Direct deposit/automatic withdrawal
- 24 hour access using our 800 number
- .50% first time consumer or auto loan discount
- Cash for good grades*
*Report cards must be submitted between 1/15 – 2/28 or 6/15 – 7/31; 2 submissions per year; $5 will be deposited into the student’s account for GPA of at least 3.0 or equivalent.
To open a Teen Checking Account:
1) Complete the online checking account responsibility course: Click Here for Course
2) Complete the online account application: Apply for an account online
That’s it! We will contact you to make arrangements to complete the account opening process through the mail, in person at the branch of your choosing, or at our next school banking day!
High Five Savings FOR KIDS
Apply for an account online
Annual Percentage Yield (APY)
5.00% |
Interest Rate
4.81% |
The above rate is variable. Rates are accurate as of
February 01, 2008.
- $1 Minimum to Open
- Balances over $500 will earn statement savings rate.
- Account converts to statement savings account when owner reaches age 18.
- Limit one account per minor tax owner.
- No Monthly Service Charges
- Night Depository
- Bank By Mail
- Direct Deposit
- 24 Hour account information using our 800 number
- Internet access using BANKNBSB eBanker
- Transaction Limitations Apply
- Rate subject to change after account is opened
To open a High Five Savings Account:
1) Complete the online account application: Apply for an account online
That’s it! We will contact you to make arrangements to complete the account opening process through the mail, in person at the branch of your choosing, or at our next school banking day!
iPod Contest
Welcome, Palmer High School students! From today until May 31, 2008, Palmer High School students are eligible to win one of 3 iPod Nanos. For more information on how to enter, please call Palmer High School student banking coordinator Steve Kusek at 413-323-8416. Good luck!
