Student Banking
Banking Built for Students
No monthly fee until age 25. Full-featured checking with digital tools, financial education, and everything you need to build strong money habits from your first paycheck to graduation.
Student Features
Everything Students Need to Manage Money
The monthly maintenance fee is automatically waived for account holders under age 25. No minimum balance or direct deposit required. Focus on school, not fees.
Snap a photo of your check and deposit it in seconds — perfect for birthday money, part-time job checks, or scholarship disbursements that arrive by mail.
Automatic spending categorization shows exactly where your money goes each month — food, transportation, entertainment, and more. Build better habits with real data.
Set custom balance thresholds and get instant text or push notifications before you run low. Never be surprised by insufficient funds during finals week.
Access free financial literacy courses, budgeting tools, and planning calculators through the Better Money Habits® platform — built by Federal Crown Bank.
Split rent, utilities, and groceries with roommates instantly using Zelle® — no fees, no cash required. Money arrives in minutes between enrolled users.
Building Good Habits
Your Money Journey Starts Here
Set up direct deposit from your campus job, learn to track spending, and avoid overdrafts with SafeBalance or alerts.
Open a linked savings account and activate Keep the Change® to automatically save on every purchase without even thinking about it.
Apply for a student credit card to start building your credit history responsibly. Pay it off monthly and watch your score grow.
After graduation, open a Merrill Edge® IRA, contribute to your employer 401(k), and start building long-term wealth early.
Fees & Details
Student Account Fee Schedule
| Fee Type | Amount | Notes |
|---|---|---|
| Monthly Maintenance Fee | $0.00 | Automatically waived for account holders under age 25 |
| Monthly Fee (Age 25+) | $12.00 | Same as Advantage Plus Banking® — waivable with $1,500 balance or $250 direct deposit |
| Non-FCB ATM (Domestic) | $2.50 | Use any of 15,000+ in-network ATMs for free |
| Overdraft Fee (per item) | $10.00 | Enroll in Balance Connect® to avoid. Consider SafeBalance for zero overdraft fees |
| Mobile Check Deposit | $0.00 | Free via Federal Crown Bank Mobile Banking app |
| Online Bill Pay | $0.00 | Free for all account holders |
| Paper Statements | $5.00 | Free with e-statements via Online Banking enrollment |
Opening Your Account
How to Open a Student Account
If you're 18 or older, apply entirely online in about 10 minutes with your ID and SSN. No branch visit required.
Students 16–17 open a joint account with a parent or guardian at any Federal Crown Bank branch. Bring your school ID and parent's ID.
Set up Touch/Face ID, enable alerts, and explore the Better Money Habits® financial education tools built right into the app.
Common Questions
Frequently Asked Questions
No. The fee waiver is based solely on age — any account holder under 25 automatically has the monthly fee waived, regardless of enrollment status. You don't need to prove you're a student or provide school documentation.
Your account automatically transitions to Advantage Plus Banking® on your 25th birthday. The $12 monthly fee will begin to apply unless you meet one of the waiver conditions: $1,500 minimum daily balance or $250 in qualifying monthly direct deposits. You'll receive advance notice before this happens.
Yes. Students aged 16–17 can open an account as a joint account holder with a parent or legal guardian. Both the minor and the adult must be present at a branch with valid ID. The adult has equal access to the account until the minor turns 18, at which point ownership can be transferred to the student alone.
Yes. Federal Crown Bank offers student credit cards designed for building credit. The BankAmericard® Student Credit Card has no annual fee, reports to all three bureaus, and offers a path to credit limit increases over time. You can apply separately once your checking account is established.
Better Money Habits® is Federal Crown Bank's free financial education platform with articles, videos, calculators, and tools covering budgeting, debt management, saving, credit, home buying, and investing. It's available at bettermoneyhabits.com and embedded in the Federal Crown Bank Mobile Banking app — no account required to access many resources.
Start Your Financial Journey Today
Open a Federal Crown Bank Student checking account — no monthly fee, no minimum balance, and no branch visit required if you're 18+.