Youth Checking

Teaching financial responisbility should start at a young age. A Novation Youth Checking account, in addition to a Youth Savings, is a great option when your teen is ready for financial independence. They can easily deposit their paychecks or birthday cash into this account and access their money with a free Visa debit card while earning interest on their balance.

It definitely pays to have a Youth Checking; your teen can earn 1.50% APY* each monthly cycle on balances up to $5,000. To earn interest, simply

Receive eStatements with a valid email address
Enroll in eBranch Online Banking

In addition to earning interest, a Novation Youth Checking also offers many other great benefits:

No monthly fees
No minimum balance requirements
Cannot overdraft account; this helps your teen manage their spending
Free Visa contactless Debit Card with Purchase Rewards^®
Access to 35,000+ surcharge-free ATMs nationwide

Parental Control

You can be assured that a Parent/legal guardian must be on a Youth Checking Account so you have the security of monitoring your child's account. Simply login to the following:

eBranch Online Banking
Mobile Banking
NovationCards app

Within the NovationCards app, you can set daily dollar limits to help keep teach them practical spending habits.

Open Account Today

*APY = Annual Percentage Yield. Rates effective May 31, 2023 and subject to change without notice. To receive dividends you must meet the following requirements per month must be enrolled in: (1) eStatements with valid email address and (2) online banking. Accounts that meet the requirements will receive dividends on balances up to $10,000. No dividends earned if requirements are not met or for balances in excess of $10,000. Rates and program subject to change. Click here for complete disclosure.

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