FDIC-Insured – Backed by the full faith and credit of the U.S. Government

Personal

Youth Accounts

Description

Student Checking
Designed for students aged 13-24

Description

Minor Savings
The perfect account for children or grandchildren

Minimum deposit
to open

$50

Minimum deposit
to open

$0

Pays Interest

No

Pays Interest

Yes; see bank for current rates.
After 10 passbook entries within one
calendar year, Ozona Bank will match
interest earned during the time period from
1st entry to 10th up to $20.00

Monthly service
charge

$0
At age 24, the account will convert to our Personal Checking Account, with applicable conditions and benefits.

Monthly service charge

$0
At age 18, the account automatically
converts to a regular savings account with applicable conditions and benefits.

Enjoy these features and benefits1

  • No minimum balance required

  • Free Mastercard debit card

  • Free online banking & bill pay

  • Statements sent via free e-statements,
    with up to 24 months of history available
    online; mailed statements available upon
    request for $3 monthly fee

  • Free email & text alerts*

  • Free mobile banking app with mobile
    check deposit & mobile bill pay**

  • Unlimited check writing

Courtesy features

  • Free Ozona Piggy Bank

  • Free passbook with a deposit transaction
    sheet

  • No minimum balance required

  • Free email & text alerts*

  • Free online banking

  • Statements sent via free e-statements,
    with up to 24 months of history available
    online; mailed statements available upon
    request for $3 monthly fee

  • Free mobile banking app & mobile
    check deposit**

  • Unlimited deposits

Transfers &
Withdrawals

  • Unlimited transfers & withdrawals
    made in person

  • $3 activity fee per item will be assessed
    after 6th withdrawal during a statement
    cycle

  • Unlimited deposits

Why get a Student Checking Account at Ozona Bank?

  • It’s totally mobile

  • Low balance alerts

  • Send and receive money with friends and family
    Good grades incentive

  • Present your transcript/report card at the end of each term

  • If all A’s, Ozona Bank will credit the account $10***

  • If all A’s and B’s, Ozona Bank will credit the account $5***

Why open a Minor Savings account at Ozona Bank?

  • We make it fun to save! With our piggy bank and old-school
    “passbook”, children can save at home, then bring their money
    to the bank and see the deposit in their account.

  • We pay extra benefits for kids who make at least 10 deposits
    per year! But please note – the child has to make the deposit;
    you can’t do it for them!

  • Once your child or grandchild reaches 13, they can also open
    a checking account so they learn smart spending as well as
    smart savings.

*Data rates may apply. 

**Daily limits apply. See bank for details. 

***There is a maximum reward payout of $20/student/calendar year (January 1st thru December 31st). It is the student’s responsibility to notify the bank of their grades.

1Normal account opening procedures apply. Additional rates and fees may apply. See bank for details.