Youth Banking
Why Youth Banking Matters:
Opening a checking account is often the first step in a young person's financial journey. It creates a foundation for learning how to save, budget, and manage money responsibly. Non-custodial accounts, designed for youth, provide safe and affordable access to banking without hidden fees, while giving them the independence to make their own financial decisions. By starting early, young people gain the tools and confidence they need to build long-term financial stability and a stronger future.
Non-Custodial Youth Accounts (does not require a parent or legal guardian to sign on)
| Financial Institution | Account Name | Monthly Fee | Minimum Deposit | Minimum Age | Can Account Be Opened Online? |
| Bank of America | Advantage SafeBalance Banking | $4.95 (waived, if under age 25 or min daily balance of $500) | $25 |
16 |
Yes |
| First Convenience Bank | Flex Account | No Fee (Account is for ages 15-21 only) | $0 | 15 | Yes |
| Rio Grande Credit Union | CU Succeed | No Fee (Account is for ages 13-17 only) | $25 | 13 | Yes |
| Wells Fargo | Clear Access Banking | $5.00 (waived for primary account owners 13-24 years of age) | $25 |
17 |
No, 17 years of age and under must open at branch |
Accounts that can be opened with a Co-Signer (Parent or Legal Guardian)
| Financial Institution | Account Name | Monthly Fee | Minimum Deposit | Minimum Age | Can Account Be Opened Online? |
| Bank of Albuquerque | Opportunity Banking | $5.00 | $25 |
18 16 with parent/guardian |
Yes |
| Bank of America | Advantage SafeBalance Banking | $4.95 (waived, if under age 25 or min daily balance of $500) | $25 |
16 13 with parent / guardian |
Yes |
| BMO | Smart Money | $5.00 (waived, if primary owner under age 25 years old) | $25 |
18 13 with parent / guardian |
No |
| Chase | Secure Banking | $4.95 ( waived, if primary owner under age 24 years old) | $0 |
18 17 with an adult guarantor |
Yes |
| Nusenda Credit Union | Breeze Account | $5.00 (waived, if primary owner is under age 21) | $25 |
18 15 with an adult guarantor |
Yes |
| PNC | Simple Checking | $5.00 (waived, if primary owner is under 21 or over age 62) | $0 |
18 16 with an adult guarantor |
Yes |
| Sunward Federal Credit Union | Simple Spend | $0.00 | $0 |
18 Under 18 - any age with an adult as a joint owner |
Yes |
| US Bank | Safe Debit Account | $4.95 | $25 |
18 13 - 17 years old with adult guarantor |
Yes |
| UMB Bank | Check-Free Banking | $5.00 | $10 |
18 14 with adult co-signer |
Yes |
| US Eagle Federal Credit Union | FlexChecking | $5.00 | $25 |
18 13 with adult guarantor |
Yes |
| WaFD Bank | Fresh Start Account | $4.00 | $25 |
18 13-17 with adult guarantor |
No |
| Wells Fargo | Clear Access Banking | $5.00 (waived for primary account owners 13 - 24 years old) | $25 |
17 13-16 with adult guarantor |
No, 17 years of age and under must open at branch |