Central Student Checking | Checking Accounts

Introducing Central Student Checking – our option for students ages 14–25. Designed with students in mind, Central Student Checking is a convenient way to start learning basic money-management skills. With free online and mobile banking, no ATM fees, and convenient features like remote deposit and Popmoney^®, it’s the gentlest nudge from the nest you can give. A Student Checking Account can be opened at any of our convenient locations.

Central Student Checking account details include:

Minimum opening deposit – Minimum opening deposit is $10.
Maximum opening deposit for online accounts only – The maximum opening deposit for online accounts is $10,000.
Account features include:
- Visa^® debit card for use worldwide, wherever Visa is accepted.
- Free ATM usage at any ATM.
- Free CentralNET online banking.
- Free online bill payment services.
- Free mobile banking.
- Free eStatements when you enroll into CentralNET online banking and eStatements.
- You will receive a 50% discount on any mini-pack of checks. (These books contain 25 checks.)
- Select Guaranteed Checking Service to link another account for transfers to cover occasional overdrafts. You have the option to link a Central Bank deposit account or credit card account for this purpose. Fees apply for these transfers. See Special Handling Fees for Personal Accounts for details.
- Combined statements can provide activity summary of all accounts on one statement.
- Receive a consumer loan discount of .50% for auto-deduct payments from a deposit account.
- Offered to students ages 14–25. Account must be opened with a parent or legal guardian if the student is under the age of 18.
- The account will convert to Central Bank’s Bleed Blue Checking Account the fifth business day of the calendar month following the student’s 25th birthday. You may select another account type before the account conversion takes place. Prior to account conversion, you will receive the account disclosures that will apply to your new account.

Fees – The monthly maintenance fee is $4. This $4 fee is waived if you receive eStatements through CentralNET online banking. A dormant fee of $5 per month will be charged, once a Central Student Checking account has been dormant (inactive) for six months or more. See Special Handling Fees for Personal Accounts for other fees that may apply.
Courtesy Coverage – Central Student Checking accounts are not eligible for Courtesy Coverage. Courtesy Coverage is a non-contractual service provided by Central Bank to provide checking account overdraft protection for consumer demand deposit accounts.