Teen Checking
Safe Independence. Parent-Guided.
A free checking and savings account that helps your teen build smart money habits.
Guided Independence
Teens manage their own money while parents stay connected and informed.
Debit Card and ATM Access
Teens get their own debit card and access 30,000+ free ATMs nationwide.
Built-in Parental Controls
Check balances, monitor spending, and receive account alerts.
No Monthly Service Fee
Learning good money habits shouldn't cost a thing.
Digital Banking
Convenient digital banking with our top-rated App.2
Easy to Add Money
Transfer money to your teen, set up direct deposit, or use mobile deposit.
More Than a Money App
Person-to-person payment apps are great for sending money, but they're not designed to teach, protect, or guide your teen.Tower Checking Accounts for teens go further:
- A no-fee, dividend-earning checking account at a trusted credit union
- 24/7 fraud monitoring and Mastercard® Zero Liability Protection
- Budgeting tools that help build smart money habits
- Access to local branches and real people for support
- Deposits are federally insured up to $250,000 by the NCUA
It's a safer, smarter way for teens (ages 13-17) to save and manage money—not just move it.
Empower Smart Spending & Saving
Pair their checking account with a savings account so they can take charge of everyday spending and start building toward future goals.
View Teen & Youth Savings Options
View Teen & Youth Savings Options
"Tower helped us give our daughter independence without losing visibility. We can guide her, but she feels in control of her own money."
-Parent of a 16-year-old
How to Get Started:
- Make an appointment at a Tower branch or call 866-56-TOWER.
- As the parent or legal guardian, bring your child and their state or government issued ID.
- Open a Checking account for your teen with a minimum deposit of $10.
What age is my child eligible for Teen Checking?
Checking accounts are available for teens ages 13-17. A parent or guardian must be a joint account holder until the teenager turns 18.
How do I open a Teen Checking account?
To open a checking account for your teen, simply make an appointment at a Tower branch and bring the following documentation:
Can my teen use Apple Pay, Google Pay, or "tap and pay"?
Yes. Teens can add their debit card to a digital wallet app on their iPhone, Android, and Samsung devices, as well as checkout with tap and pay at major retailers.
Are there monthly fees?
Tower's Checking and Savings accounts do not have monthly service fees or monthly minimum balance requirements.
What can I do if my child loses their debit card?
If your teen loses their debit card, your teen can lock the card immediately in Digital Banking or contact Tower for assistance. We'll issue a replacement card and help protect the account from unauthorized transactions.
What happens to the account when my child turns 18?
Your child will keep their account when they turn 18. To increase their debit card purchase limits or remove joint owners on the account, they can contact Tower for assistance.
Can teens access mobile banking?
Yes. Tower allows teens access to the Tower App and Online Banking.
Does a Tower Teen Checking account earn interest?
Yes, Tower offers checking and savings accounts for teens that earn daily dividends. View current rates.
What parental controls and monitoring are available?
As a joint account holder, you'll be able to access and view transactions on your teen's checking account anytime with your own Digital Banking login. Parents can also create alerts for account activity.
Can my teen open a savings account?
Yes! Tower offers teen-friendly savings accounts with an adult joint owner to help your child reach their savings goals. View our Youth Savings options.
Checking accounts are available for teens ages 13-17. A parent or guardian must be a joint account holder until the teenager turns 18.
How do I open a Teen Checking account?
To open a checking account for your teen, simply make an appointment at a Tower branch and bring the following documentation:
- Teen: State or government issued ID including (US passport, driver's license, state ID, military dependent ID).
- Parent or guardian with current Tower membership: State or government issued ID.
Can my teen use Apple Pay, Google Pay, or "tap and pay"?
Yes. Teens can add their debit card to a digital wallet app on their iPhone, Android, and Samsung devices, as well as checkout with tap and pay at major retailers.
Are there monthly fees?
Tower's Checking and Savings accounts do not have monthly service fees or monthly minimum balance requirements.
What can I do if my child loses their debit card?
If your teen loses their debit card, your teen can lock the card immediately in Digital Banking or contact Tower for assistance. We'll issue a replacement card and help protect the account from unauthorized transactions.
What happens to the account when my child turns 18?
Your child will keep their account when they turn 18. To increase their debit card purchase limits or remove joint owners on the account, they can contact Tower for assistance.
Can teens access mobile banking?
Yes. Tower allows teens access to the Tower App and Online Banking.
Does a Tower Teen Checking account earn interest?
Yes, Tower offers checking and savings accounts for teens that earn daily dividends. View current rates.
What parental controls and monitoring are available?
As a joint account holder, you'll be able to access and view transactions on your teen's checking account anytime with your own Digital Banking login. Parents can also create alerts for account activity.
Can my teen open a savings account?
Yes! Tower offers teen-friendly savings accounts with an adult joint owner to help your child reach their savings goals. View our Youth Savings options.
