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It’s never too early to learn how to manage your money effectively. Montgomery eTeen Checking is an account exclusively for teens ages 13 to 19.  Designed to teach teens the importance of using a checking account wisely, this account is a great first step toward financial independence providing the responsibility of managing your own money.

You will earn a great rate and there are no monthly maintenance fees if an email address is established and the account is enrolled in our eStatement program.

Benefits for teens…

  • No minimum balance requirements after account opening.
  • Free debit card
  • Surcharge-free ATMs available worldwide with the MoneyPass® network
  • Free mobile banking
  • Free eBanking and eStatements (required)
  • 24-hour Telebanc access
  • Plus, you receive a cool t-shirt and bag!

Benefits for mom and dad…

  • Optional overdraft protection with automatic transfer from another account is available.
  • As a required co-owner of the account, you can monitor the account activity or transfer money online, anytime.
  • Financial education and money management tools will help your teen learn to manage their money and a checking account. 

When you are ready to open your account, you will need two forms of identification (social security card, driver’s license or birth certificate) along with a parent or guardian.

The minimum balance to open this account is $50.00.  There is no minimum balance requirement to be met after account opening.  Account holder must provide a valid email address and enroll in eBanking and eStatements. If these requirements are not met, the account will incur a monthly fee of $3. Fees may reduce earnings.  See the Miscellaneous Fee Schedule for a listing of current applicable fees.  Limited to one Montgomery eteen checking account per person between the ages of 13 and 19. Parent or legal guardian co-owner required.  At the age of nineteen (19), the account will be converted to a Montgomery eBlue Checking account.  Message and data rates may apply for mobile banking usage.

Money Smart - A Financial Education Program

The FDIC's Money Smart financial education game is an easy-to-use tool to learn more about basic personal financial management.

The FDIC’s Money Smart for Young Adults curriculum helps youth ages 12-20 learn the basics of handling their money and finances, including how to create positive relationships with financial institutions. Equipping young people in their formative years with the basics of financial education can give them the knowledge, skills, and confidence they need to manage their finances once they enter the real world.

Visit Money Smart Online to begin!