Account Summary
Free Teen Checking
A personal checking account that does not earn interest.6
- For accountholders between 14-17 years old (Requires an adult age 18 or older as joint owner.)
- No recurring monthly service charge (At age 18, account converts to a free Select Checking or accountholder may choose any other account type available.)
- No minimum balance required
- Unlimited check writing
- Free account management tools provided with this account:
- Account does not earn interest
- $25 minimum deposit to open
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Free Minor Savings
A variable rate, interest-bearing personal savings account.6
- For accountholders 17 years of age and younger (Requires an adult age 18 or older as joint owner.)
- No recurring monthly service charge (At age 18, this account converts to our standard Select Savings with a $3 monthly service charge if a balance of $400 is not maintained, or accountholder may choose any other account type available.)
- No minimum balance required
- Earns interest
- Free account management tools provided with this account:
- $25 minimum deposit to open
TRANSACTION LIMITATIONS
BAC Community Bank limits certain types of withdrawals and transfers from Savings accounts.5
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How to Open a Teen Checking with Minor Savings Account
- Teen and Adult joint owner must visit a BAC branch in person.
What Should I Bring?
- Both the Teen and the Adult opening the account need to bring:
- Date of Birth
- Social Security Number
- Valid ID:
- California ID Card,
- California Driver License,
- U.S. Passport, or
- Student ID with photo
- $25 opening deposit (this is your money)
Where Should I Go?
- Find the nearest BAC branch location
- Stop by during regular business hours, or
- Call ahead to make an appointment (branch phone numbers are included in the link below.)
LOCATE A BRANCH
Savings Calculator
Whether it's a down payment, college, or the latest gadget...a savings plan can help you reach your goal. Use our to experiment based on length of time and amount per month.
Other Financial Calculators
Use our other Financial Calculators to better understand how loans work, how our reward checkings account work, how some business accounts work, and more!
For more information:
All accounts subject to approval. Restrictions and limitations may apply.
Information is accurate as of August 2, 2021.
There are no recurring monthly service charges or fees to open or close this account.
Other fees may apply. See our Personal Deposit Accounts Fees & Information Schedule for fees that may apply to this account. Contact a BAC service representative for additional information, details, and restrictions.
Footnotes Specific to Teen Checking and/or Minor Savings at BAC Community Bank
4Service included at no charge. Customer may need to initiate use of the service by enrolling in or requesting the service.
5No more than 6 transfers or withdrawals of the following type are permitted during your monthly statement cycle:
- Payments to third-parties such as checks, drafts, debit cards or similar transactions
- Transfers by phone using our automated service or speaking with a banker on the phone
- Transfers or payments through online, mobile and text banking (including Bill Pay and person to person payments)
- Transfers to a checking account for Overdraft Protection
- Pre-authorized transfers and withdrawals
- Debit card purchases
There are no limits on transfers or withdrawals made in person at an ATM, Bank branch or on any type of deposit. If you regularly exceed 6 limited transactions during a statement cycle, BAC Community Bank may convert your savings or money market into a checking account or may close your account.
6At any time and at the discretion of BAC Community Bank standard features and account requirements may change after account is opened.
