Can 17 Year Old Open Bank Account

While some financial institutions require you to be a parent or legal guardian others allow anyone over 18 to be the joint account holder.

Can 17 year old open bank account. Find more help here. The best account could be a young person s account. You can only open a teen checking account in a branch with a parent or guardian. To personalize the account for teens the bank.

With a checking account focused on 16 and 17 year olds first national bank and trust company has no monthly fees and a 25 minimum balance to open. The problem is that you need to sign a contract to open an account and contracts signed by minors are complicated. For people under the age of 18 opening a bank account is hard. This is for 16 17 year olds who are either staying on at school or going to work.

What s the best account for me. Or sat sun 8 a m 8 p m all times et. How to open an account. Most normal bank accounts only accept people over 18 but this comparison also includes accounts that accepts people aged 17 or under.

Opening an under 18 bank account once you find the right bank account you ll likely need to provide details for you and your teen such as address dates of birth and social security numbers. If you are a teenager you can open a bank account but you usually have to find one designed for people your age. State laws and corporate policies vary but most banks aren t going to open accounts for anybody under 18 unless there s also an adult on the account. See the common fees for this account pdf.

It must be opened with an adult co owner and it requires a 25 minimum. Simply schedule an appointment visit a financial center or call to speak to a customer service representative. When your child turns 16 look into opening a citizens bank student checking account. There s no minimum balance to open and no monthly maintenance fee for individuals under 25 years old.

If you are 18 or 19 you can get most bank accounts for adults. See valid id requirements. It s easy to open a checking account for your child who is going to college. Or if you have questions about any of our other banking products feel free to visit a local branch or drop us an email at ask a citizen.