Finding a bank near campus
Students appreciate bank accounts that they can conveniently access while at school. With a local account, your student can easily make deposits and withdrawals and get in-person help when needed. Look for a bank or credit union that offers:
- Student checking accounts: Often these have low or no minimum balance, lower fees, and are tailored to your student’s needs.
- An ATM and branch on or near campus: Find a bank with zero or low ATM fees. Many credit unions have agreements that allow students to use ATMS at other participating credit unions without paying a fee.
- Options for online banking: Your student can easily keep track of spending. To protect against identity theft, remind your student never to access banking information from public Wi-Fi or devices.
Learning to responsibly manage money is an important life skill, and college is a great time for your student to take a bigger role in their finances.
Creating a spending plan with your student