Give them a smart start.
Open a Simply Checking account and help your teen build confidence with money.
Getting started
From allowance, to first jobs, to summer funds...
Gaining confidence
...to hanging out with friends and spending on their own...
Next chapters
...to graduation, college, and starting a career.
Help them start strong, wherever they are.
From first paychecks to college move-in day, Simply Checking helps students build confidence with money at every stage.
Zero monthly fees
No monthly service fees or minimum balance requirements.
Earn cash back
Get 0.25% cash back on all debit card purchases.¹
Mobile banking
Manage money anytime, anywhere with our top-rated app.
Nationwide access
Fast cash at thousands of surcharge-free ATMs nationwide.
Who is eligible to open a Simply Checking account?
Who is eligible to open a Simply Checking account?
Anyone age 13 and up who lives or works within one of the counties we serve in Indiana or Michigan, or is related to a current Everwise member, is eligible to become a member and open a Simply Checking account. Teens ages 13–17 open jointly with a parent or guardian at a branch.
Click here to view membership eligibility requirements and start your application.
What do I need to bring to open my teen's Simply Checking account at a branch?
What do I need to bring to open my teen's Simply Checking account at a branch?
A parent or guardian needs a valid ID, plus the minor's birth certificate or government-issued ID. The whole process is quick — 30 minutes.
Will I be able to see my teen's account activity?
Will I be able to see my teen's account activity?
Yes. If you open as a joint account holder, you'll have full visibility into the account — including transactions and balances — through online and mobile banking. You can also set up custom notifications to alert you of specific activity, like if the balance gets too low, a purchase made over a certain amount, or if your teen has shopped at specific retailers. Teens 18+ years can open an account with or without another adult.
Are there any monthly account fees or minimum balance requirements?
Are there any monthly account fees or minimum balance requirements?
Simply Checking comes with no monthly service fees and no minimum balance requirements.
What happens when my teen turns 18?
What happens when my teen turns 18?
Once your teen turns 18, the account setup stays the same, no change happens automatically. The parent can choose to remove themselves from the account by visiting a branch or calling member services at (800) 552-4745.
The best time to start is now.
Financial confidence doesn't happen overnight — it starts with small moments, real decisions, and a little room to learn. Simply Checking gives your teen a safe, structured place to do exactly that, with you right there alongside them. You're not just opening an account. You're helping them build something that lasts.
When they're ready to build credit, the right credit card can help them establish healthy financial habits and earn rewards along the way.
Whether it's their first car or an upgrade down the road, an Everwise auto loan can help them get where they're going with confidence.
1 Debit Mastercard rebate: Simply checking earns 0.25% cash back on purchases made with your Everwise Debit Mastercard. Rebates are redeemable once the total reaches $10 within the calendar year, with a maximum of $5,000 per year. ATM transactions and cash advances are not eligible for cash back.
2 Everwise members have access to surcharge-free Alliance One and CO-OP ATMs nationwide. A $2.50 out-of-network (foreign) fee is applied by Everwise to transactions at non-Everwise ATMs. Everwise waives this fee for Alliance One and CO-OP network transactions made within Indiana.
Subject to membership eligibility requirements. Loans subject to credit approval. Borrower must be a resident of Indiana or Michigan, and for home loans property must be in Indiana or Michigan. All credit union programs, rates, terms, and conditions may change without notice.