What Banking Products Does Your College Bound Teen Need?

  • By Sikorsky Credit Union
  • July 13, 2023

Are you preparing for your teen to head off to college soon? This is an exciting time for them and they’ll need many things - such as bedding, a shower caddy, notebooks, etc. Have you considered what bank accounts your teen will need too?  Your college bound teen should have some financial products before leaving the nest.


Your teen might already be familiar with a checking and savings account, especially if they had a part time job while in high school. A debit card can be a lifeline for a teenager and will come in handy if they need to make a purchase at the bookstore.

Mobile App

Along with their bank accounts, they should have access to mobile banking. Be sure their account is set up before leaving home. Mobile banking is convenient and secure way of managing money. Banking tasks will be quick and easy for them – from checking their account balances to depositing checks with a photo.

Credit Card

Although giving your teenager a credit card to use in college seems risky, credit cards offer better protection versus a debit card. In addition, they’ll start building a credit history. Of course, you’ll need to have a conversation with them on how to manage a credit card responsibly.


Provide them with some cash, as well as a lock box for their dorm room.

Good luck to all of our college bound members! If you need help opening an account, please stop by a branch or visit our website: www.sikorskycu.org