News and Press Releases

Jul 06, 2012

Teenage dreams - FNBA's Teen Checking builds money-management skills

First National Bank Alaska's new Teen Checking account can help your teenage co-owner learn to responsibly manage money. It's a financial education tool and transaction account.

With guidance, your teenage co-owner can learn how accounts, debit cards and checks function. Most importantly, they learn the responsibilities and risks involved in owning a bank account.

Your teenage co-owner will also have a better understanding of security and efficiency when they use online banking and electronic statements for their Teen Checking account.

* Eligible to minors (ages 12-17) with an adult co-owner at least 21 years of age

* $3.00 monthly maintenance fee, waived with use of e-Statement

* First National Bank Alaska Debit MasterCard Teen Card with no monthly fee

* Up to 10 checks per month at no additional charge; $0.20 per check in excess of 10

* Teen Card merchant category codes for gambling, alcohol and tobacco, etc. are blocked

* No additional charge for Teen Card transactions

* Overdraft protection available from a regular savings account

* Other standard fees apply (ATM Owner Fees, Stop Payments, OD/NSF, Research, etc.)

Learn more here.

 

Contact: Marketing Department, (907) 777-3409