At last, something parents and students can agree on!
The last thing most students want is a parent looking over their shoulder. So, when your student is getting ready to move on to higher education, give them a nudge in the direction of MutualOne Bank. They can enjoy financial freedom, and you can still help them when they need it. Look at some of the benefits included in our Free Checking account that should appeal to both sides of the family.
For the student
- Debit card with rewards
- No foreign ATM fees
- 70,000 surcharge-free ATMs
- Popmoney: Send and receive funds via email or text
For the parent
- No minimum balances, no transaction fees to eat up the money
- If you have a MutualOne account, you can transfer funds directly to the student’s account
Of course, there are some rules. To open the account in just the student’s name, they have to be at least 18 years old. If they’re 16 or 17 years old, the account will have to be in joint ownership with an adult.