Banking for Teens

Based on several reports, American financial literacy remains a persistent challenge, with the average adult answering just under half of basic financial questions correctly. We want to help close this knowledge gap by providing the products and tools to teach teens about finances before adulthood. Take a look below and let us know if there’s something we can help you with today!

Student Checking

• Great for students and customers age 14 – 24
• $25 minimum opening balance
• No monthly maintenance fee
• Debit card
• Online and mobile banking, plus bill pay
• Access to Zelle

Smart Savings

• Save automatically when you use your debit card
• $50 minimum opening balance
• Earns interest

Young American CD

• A unique product available to minors and enrolled students only
• $200 minimum opening deposit
• 24 month CD term
• Unlimited deposits of $50 or more allowed during the term
• Competitive Annual Percentage Yield

Achieve Credit Builder

• A great tool to help build credit
• $1,000 loan amount
• 24 month term
• Only $20 due at closing
• No credit check

Secured Visa Credit Card

• No annual fee
• Zero fraud liability*
• Online access and bill pay
• Free credit score access^

Contact us for more information or to open your account today!

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*Elan Financial Services provides zero fraud liability for unauthorized transactions. Cardmember must notify Elan Financial Services promptly of any unauthorized use. Certain conditions and limitations may apply. ^Free credit score access is available through online account access only. The free VantageScore^® Credit Score is for educational purposes only and is not used by Elan Financial Services to make credit decisions.