Debit Account for Teens

A Debit account for teens with a Visa® Check Card!

White Sands FCU wants to help parents introduce their teenage children to the importance of personal financial management with Teen Debit – a free Debit account just for teens aged 13 -17. It is designed to encourage financial literacy and money-management skills. Teen Debit is ideal for introducing basic financial management skills, yet full-featured enough to carry the account holder through to college and into the workplace with financial tools like check-writing privileges, a Visa® Check Card, and CU Online Banking. At age 18, the Teen Debit account will convert to an EZ Debit. Parents can use Teen Debit to teach everyday financial management by:

  • Promoting sound financial behaviors by depositing a child’s allowance on the same schedule as the parent’s paycheck, thereby encouraging prudent budgeting and spending until the next “payday.”

  • Encouraging your teen to deposit money earned from part-time jobs as well as birthday or holiday gift money.

  • Encouraging monitoring of accounts through free online banking services.

  • Most important, Teen Debit is a joint account between parent and child, so parents are always in control. Contact us for more information on how you can help your teen gain important money management skills.

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Account Features

  • Unlimited monthly check writing

  • ATM access

  • Overdraft Protection

  • Visa Check Card

  • E-Statements

  • CU Online

  • Bill Pay

  • Direct Deposit

*Teen Debit requires co-ownership of parent or guardian

Re-order Checks

See disclosures

 

ADOLESCENT$ TWEEN & TEEN CLUB

Claim Your Youth is a teen-specific program that is designed for young members aged 13-18. Learning to manage finances is very important, so White Sands Federal Credit Union is pleased to offer a program where young adults are given the opportunity to manage their own money, develop budgeting skills, and so much more, in a real-world setting.

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