Teach Teens Money Skills With Student Checking

Every parent wants their child to succeed in life. One way to help them get off on the right foot is to give them a strong financial foundation on which to stand, build and grow. That does not necessarily mean giving them a lot of money but instead helping them understand how to use and manage the money they do have.

Whether they have just a small weekly allowance, pay from an after school job, or have a large savings, it is important for young people to spend their teen years learning how to pay for things and how to manage a checking or savings account.

One way to accomplish this is to help them open a Student Checking My Way account at VCNB. This account is designed especially for teens ages 14-17 and provides them with access to a traditional checking account with mobile and online banking, a debit card and account alerts.

Young customers will have access to a debit card and the spending abilities that come with it.

The account also comes with a host of ways to safely monitor activity and to manage the account electronically. Account alerts can be set to notify you or your teen of account activity. Sign up to receive a text or email for a variety of account activities including whenever the debit card is used or when the balance falls below an amount that you set.

Online banking and mobile banking make it easy to see where and when money is spent, to transfer funds between accounts and to view bank statements.

We encourage parents and teens to work together so that young people are experienced at handling their bank account and prepared to manage their funds by the time they graduate high school. This very basic step can make a tremendous difference when a young graduate is venturing out into the world.

Remember though, a parent or guardian must be made joint account owner. This account can be opened online or in any of our sixteen banking centers.

 

 

 

 

 

 

 

 

 

Start With Student Checking

 

 

Piggy bank with glasses and blackboard

Begin with the basics. That’s what we tell young people who are interested in opening a bank account. This is why we have introduced a checking account specifically for young people and for students who wish to learn how to manage their money and their accounts responsibly.

With our new Student Checking account, students as young as 14 can have a checking account with all the bells and whistles including a debit card, online banking, VCNB Mobile, account alerts, direct deposit and more.

With Student Checking, young customers can learn good money management skills that will last a lifetime and develop a relationship with a bank they can trust. A parent or guardian must be made a joint owner of the account if the student is under 18 years of age. Visit this link to read the full details of our new Student Checking account and to open online.

Student Checking accounts can be opened online or in any of our seventeen VCNB offices. Click here to find one in your neighborhood!