Student checking
Whether you’re starting your first job, learning to budget, or just want a debit card that works for you, our Student Checking Account makes it easy to take control of your money without the hassle.
Account basics and qualifications
The Student Checking Account is tailored for individuals between the ages of 13 and 22. Applicants under 18 must have a joint account holder; however, this requirement can be removed upon reaching the age of 18. Upon turning 23, the account will automatically convert to Relationship Checking.1
This account is structured to provide flexibility and convenience: there is no required opening deposit, no monthly maintenance fees, and users have access to digital money management tools via mobile devices. Additionally, the account accrues interest when all program qualifications are met, allowing account holders to earn on their balances.
No monthly service fee2
The account has no monthly service fee for accounts operated in good standing.
There is no minimum balance requirement, and no initial deposit is needed to open the account.
Earn money by using your account
Earn 0.15% APY3 by just opening the account.
Earn a total of 2.00% APY3 when you enroll in online/mobile banking (log in at least once a month) and sign up for eStatements.
Free debit Mastercard®
Tap-to-pay, chip security, mobile wallet access, and 24/7 support are available.
Customizable alerts are provided to inform you about your balance and account activity.
Easy direct deposit setup
Set up direct deposit easily by using your account number (found in online banking) and routing number 031389237.
Start saving by rounding up
Our debit card round-up feature rounds purchases to the nearest dollar, transferring the difference to your savings account.
It’s a simple way to grow your savings that you can turn on or off in online banking.
Free first box of checks
Call or visit your local office to place your first order with Harland Clarke. After your initial order has been placed with Harland Clarke, check reorders can be made directly online.
Stay connected anywhere
Nationwide account access
Access 5,000+ shared branches and 30,000+ fee-free ATMs nationwide. If you do need to use an ATM with a fee, we’ll refund up to $10 a month!4
Bank your way
Our user-friendly app offers mobile check deposit, easy account to account transfers, bill pay, credit score monitoring, and financial wellness tools.
Exclusive perks
Special rate on your first auto loan
Get a 0.50% APR5 interest rate reduction on your first auto loan.
College scholarships
Individuals with an Everence product or service, or those whose parents do, may be eligible for a college scholarship.
Student loans
We offer student loans with flexible repayment terms tailored to your finances.
Open a Student Checking Account
Members may add a checking account using the form provided below. New members can open a checking account by completing the membership application.
Download the membership application: English | Español
Bring in, mail or fax the completed forms to one of our offices.
Everence Federal Credit Union
2160 Lincoln Highway E., Suite 20
Lancaster, PA 17602Toll-Free: 800-451-5719
Phone: 717-735-8330
Fax: 717-735-8331
Text: 717-735-8332
Email: infocu@everence.com
Download the app: App Store | Google Play
Find an Everence Federal Credit Union branch, shared branch, or fee-free ATM near you.
Parents: Not sure your child is ready for their own checking account?
Check out our partnership with Greenlight!
Everence has partnered with Greenlight to help parents raise financially smart kids. Greenlight is the loved, trusted financial education app and debit card for kids and teens that allows parents to instantly send their kids money, set up chores & allowance, create savings goals and more. Families who register for Greenlight via the unique link below and add their EFCU personal checking account as a funding source will receive the Greenlight SELECT plan for free.6
Frequently asked questions for parents
What is the difference between the Student Checking Account and Greenlight?
The Student Checking Account allows members to manage their finances independently while providing oversight by a joint owner, such as a parent or guardian. Everence Federal Credit Union accounts are insured by the National Credit Union Administration (NCUA).
Greenlight is an exclusive member benefit. This complimentary tool (valued at $67)6 is available to credit union members with a personal checking account and is designed to assist parents and guardians in educating children about financial management, including spending and saving.
How can I monitor my student’s account (under the age of 18)?
As a joint owner—required for individuals under the age of 18—you are granted access to your child’s account. You are responsible for initiating the account opening process, after which your child may utilize the account as they would any standard checking or savings account. As a joint owner, you have the ability to access digital banking in order to monitor transactions and review account activity.
Both you and your child may establish account alerts, manage card access, and take advantage of the digital banking tools provided.
How does a debit card work for my child?
A debit card with the child's name will be issued, and the joint owner can also request one for the Student Checking Account. The card draws funds directly from the child's account. Set up spending alerts to help monitor your child's card usage.
What if my child loses their debit card?
Lock your missing card in online banking or the mobile app under “Manage My Cards,” and call 800-451-5719 to report it and request a replacement. $10 replacement card fee will incur. Card support is available 24/7.
What should I do if my child already has an Everence checking account and wants to switch to a Student Checking Account?
If your child is an existing Everence member with a standard checking account and is eligible for Student Checking, you can transition their account easily:
- Complete the Account Changes Form to request the change to a Student Checking Account.
- Submit the form by any of the following methods:
- In person at your local Everence branch
- By mail
- By fax
This ensures your child’s account reflects the benefits available to student members. For questions or help with the form, contact your nearest Everence location.
Disclosure
1Limit of one Student Checking Account per account (one per tax ID), ages 13-22. Must qualify for membership and checking account. Joint owner required on accounts under the age of 18 (option to remove joint owner at age of 18, with joint owner’s consent).
Student Checking Account transitions to Relationship Checking within 3 months of 23rd birthday. Relationship Checking requires $1,000 minimum average daily balance each month to earn 0.15% APY (0.15% dividend rate). To qualify for the additional Relationship Checking account 1.85% APY (1.834% dividend rate) you must activate and maintain online banking and eStatements with at least one online banking log in per month, make at least ten monthly credit and/or debit card transactions (excluding ATM transactions) and have a monthly minimum of one direct deposit or one ACH credit. Direct deposits and ACH credits must be a total of $1,000 or more within each month.
2Almost all of our products and services are free to members; only a few special services incur fees. Refer to our service schedule for complete details.
3Annual Percental Yield (APY) effective as of 08/01/2025, and subject to change without notice. Contact us for current rates and more details. Fees may reduce earnings. To qualify for the total APY, you must activate and maintain online banking and eStatements with at least one online banking log in per month.
4Fees refunded at end of statement cycle. Maximum refund $10 per statement cycle.
5A one-time 0.5% APR discount is available to members with a current Student Checking Account, or to those who have transitioned out of a Student Checking Account on their first auto loan confirmed by their credit report. This discount is applied to your approved APR, which is determined based on the prevailing auto loan rates at the time of application and considers both your creditworthiness and loan-to-value (LTV) ratio. Loan approval is subject to standard eligibility requirements. All auto loans require acceptable collateral and continuous car insurance coverage for the life of the loan. Please note that this discount may not be combined with other promotional offers, including the green interest rate discount. Rates, terms, and conditions are subject to change without prior notice. Contact us for current rates and additional information.
6Everence Federal Credit Union members are eligible for the Greenlight SELECT plan at no cost when they connect their Everence Federal Credit Union personal checking account as the Greenlight funding source for the entirety of the promotion. Subject to minimum balance requirements and identity verification. Upgrades will result in additional fees. Upon termination of promotion, members will be responsible for associated monthly fees. See terms for details. Greenlight offer ends 10/23/2026. Offer subject to change and partner participation. Card images shown are illustrative and may vary from the card you receive. The Greenlight prepaid card is issued by Community Federal Savings Bank, member FDIC, pursuant to license by Mastercard International. Participation in this program is through Greenlight and at member’s discretion. Everence Federal Credit Union does not endorse or guarantee the products or information provided on any links to third-party web sites, nor is liable for products and services advertised on linked sites. We recommend a careful review of each site you visit’s privacy policies which may differ from ours.