Youth Accounts
A Teen Checking Account or Youth Savings Account gives your child the tools they need to develop smart money skills. A low $5 deposit is all that’s needed to start saving, and there are no monthly fees. Open a Youth Account today to help your child build a strong financial future!
Youth Account Benefits
Low Minimum Deposit
Start with as little as $5.
Financial Education
Learn valuable skills in saving and spending wisely.
Safe & Convenient
Provides a secure way to store and access money via debit cards, mobile banking, and ATMs.
Youth Savings Account Details
A Youth Savings Account is the perfect way to help young members prepare for the future. With no monthly fees and a low $5 opening deposit, this account makes it easy for youth to learn the value of saving.
Youth Savings Accounts provide access to financial education resources and digital banking tools so young savers can track their balances, set savings goals, and watch their money grow. As joint account owners, parents can provide guidance as needed.
Teen Checking Account Details
A Teen Checking Account provides the tools teens need to learn money management skills. With no monthly maintenance fees, a free debit card, and access to online and mobile banking, teens can easily manage their money, make purchases, and track spending in real-time.
Help your teen gain hands-on experience making smart spending decisions. Financial education resources are available to help them learn about spending, saving, and budgeting. You can also monitor transactions and guide them as needed!
How to Open a Teen Checking Account
Opening a Teen Checking Account is easy! Your teen just needs to complete an Understanding Checking Accounts quiz to show that they understand the basics of a checking account. You will also need to sign a Parental Acknowledgement Form to provide consent for your teen to open the account.
The best way to open an account is by visiting one of our branches.
You can also mail in the completed quiz and your notarized parental consent form to:
Argent
P.O. Box 72
Chesterfield, VA 23832-0001
Membership Features
Online Banking
Manage your money anytime, anywhere. View your balance, pay bills, transfer funds, and more!
Mobile Banking
Bank on the go with secure, 24/7 account access.
Mobile Deposit
Save trips to a branch and deposit checks with your smartphone.
Direct Deposit
Get paid faster by automatically depositing your paychecks into your account.
Zelle®
Securely send and receive money to friends, family, and more with online and mobile banking.
CardValet
Safeguard your debit card from fraud with customized alerts and the ability to set limits.
“I love this bank so helpful whenever needed. I’ve had an account since I was old enough to get a checking account. Never had an issue and always there and friendly when I had questions or needed help with my accounts. “
– Kayti S.
Youth Accounts FAQ
What is a Youth Checking Account?
A Youth Checking Account is designed specifically for young members. It provides them with an easy way to manage their money as they learn essential financial skills. The account doesn’t have any monthly fees and includes a debit card and 24/7 online and mobile banking access. Financial education resources are also available to help teens learn how to manage their money.
What are the benefits of a Youth Account?
A Youth Account allows teens to develop smart financial habits. With no monthly fees, a free debit card, and access to online and mobile banking, young members can easily manage their money and track spending in real-time. Parental oversight options allow parents to provide guidance along the way. Financial education resources also help teens learn the basics of budgeting, saving, and responsible spending.
What are the requirements for a Youth Savings Account?
To open a Youth Savings Account, a parent or legal guardian is required to be a joint account holder for members under 18. A minimum opening deposit of $5 is needed. Proof of identity, such as a birth certificate or Social Security number for the child is also required.
How can I access my Youth Account?
You can conveniently access your banking account online or with our bank mobile app (message and data rates may apply). You can check your account balance and take care of banking tasks anywhere, anytime. You can also access your account through an ATM. For example, you could check your account balance while making an ATM withdrawal.
Do you offer a Youth Checking Account with a debit card?
Yes, you will receive a debit card when you open a checking account, which can be used to make in-person or online purchases. Unlike a credit card, a debit card draws funds directly from the account holder’s checking account balance. Overdraft fees may apply for transactions that exceed the available balance.
Do your Youth Accounts have any monthly fees?
Our Youth Accounts don’t have any monthly maintenance fees, which means young savers don’t have to worry about unnecessary costs.
What happens when the account holder turns 18?
When the account holder turns 18, their Youth Account is converted into a standard account, giving them full control without parental oversight.
Are Youth Accounts FDIC-insured?
No, our Youth Accounts are not insured by the FDIC. As a credit union, we are federally insured by the National Credit Union Administration (NCUA) for up to $250,000.
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Supercharge your savings and earn a higher interest rate when you open a Certificate.
