If you’re the parent of a teen, you probably have college on the brain. Which school your child should choose, whether they’ll need to take out loans, how you’ll handle it if they come home with a nose ring + tell you they’ve switched their major to 20th-century postmodern theatre…
While we can’t help much with any of those dilemmas, we do have some advice for getting your teen set up with their first checking account courtesy of MIDFLORIDA Credit Union, who provides flexible options for college-bound kids, from easy access to rewards to online tools.
Here’s a simple word bank:
- ATMs – Your teen can withdraw funds without a fee at any MIDFLORIDA ATM as well as at any Publix Presto! while they’re buying groceries.
- Branch access – MIDFLORIDA participates in CO-OP Financial Services Shared Branching, meaning your teen can access their account at 5,000+ credit union branches nationwide.
- Cash – After your teen makes five purchases with their student checking account, they’ll receive $25 cash. (Hint: Maybe transfer this over to a student savings account? Just sayin’.)
- Debit cards – After 20 uses of their debit card (for purchases of $5+), your teen will receive one dollar automatically. That adds up.
- Exclusive Giveaways – Student account holders will be entered every month to win prizes. This month, 10 winners will receive a pair of tickets to see Florida-Georgia Line at the MIDFLORIDA Credit Union Amphitheatre. 💯
- Free – The Absolutely Free Student Checking Account lives up to its name: no monthly service fee, free text banking + no minimum balance, plus the rewards mentioned above.
- Go online – MIDFLORIDA makes it simple to access your teen’s account, transfer funds + more.
Visit your nearest MIDFLORIDA branch to open up an account for your teen + get them on their way to responsible spending. Ⓟ
