New promotion helps boost new Student Checking Accounts

Members can get up to $50 in deposits matched

Banking |
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To celebrate the recent launch of its new Student Checking Account, Everence® Federal Credit Union announced a new promotion for qualifying members this fall.

Everence will match members’ Student Checking Account deposits up to $50 from October through December 20251, giving members a boost to their new accounts.

The Student Checking Account is tailored for individuals aged 13 to 22 and is structured to offer flexibility and convenience, with no opening deposit required and no monthly maintenance fees. The account was launched during the 2025 Youth Savings Celebration in August.

“This new account is perfect for anyone who is starting to gain independence in their financial journey, whether they are starting their first job, going to college or building a budget,” said Kristen Heisey, Everence Federal Credit Union CEO. “We’ve lowered as many barriers as possible to allow for accessibility and sustainable growth.”

Benefits of the Student Checking Account include:

  • No monthly service fee.
  • A debit card round-up feature that allows users to save effortlessly.
  • Free debit Mastercard® with tap-to-pay, mobile wallet and 24/7 support.
  • Nationwide account access and an intuitive mobile app.
  • ATM fees rebate up to $10 a month.
  • Exclusive benefits like first-time auto loan discounts, scholarship opportunities and more.

Additionally, the Student Checking Account can help members earn up to 2.00% APY on the money in their account: 0.15% APY just for opening one, and then 2.00% APY when they enroll in eStatements and log into online banking at least once a month.

For members interested in opening an account and traveling for college or work, the Everence mobile banking app and shared branches allow them to stay connected anywhere.

“Opening your first account is an exciting milestone on the path to financial independence,” Heisey said. “Everence is proud to support students every step of the way.”

Learn more about the promotion and the new Student Checking Account at everence.com/student-checking.

About Everence: Everence helps individuals, organizations and congregations integrate faith and values with finances through a national team of financial professionals. Everence offers banking, insurance and financial services with community benefits and stewardship education. To learn more, visit everence.com or call 800-348-7468.

Student checking account

Find details about the Student Checking Account, and how it can help you with smart banking for your future.

Disclosure

Limit one Student Checking Account per member, ages 13–22. Joint owner required for accounts under 18. Membership eligibility required. Student Checking Account transitions to Relationship Checking Account within 3 months of your 23rd birthday. See everence.com/personal-checking for product qualifications.

1Refer to our fee schedule for complete details.

2Auto loan discount available on first auto loan for qualifying Student Checking accountholders; conditions apply.

3Annual Percentage Yield accurate as of 8/1/2025 and subject to change. Fees could reduce earnings. Must activate and maintain online banking and eStatements with at least one online banking log in per month.

4Matching deposit Incentive: Deposits between October and December will be matched up to $50 aggregated maximum. Incentive will be posted at the end of January, 2026 to the Student Checking. Minimum balance to earn incentive $10.00. Incentive may be subject to tax reporting. Accounts must be in good standing at time incentive is due to post to qualify.

See everence.com/student-checking for full terms, conditions, and rate info. Everence Federal Credit Union is federally insured by NCUA.