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Teen Checking & Student Checking

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Teen Checking

Student Checking

Ages*

15 – 18 17 – 22

Minimum to Open

$25.00 $25.00

Monthly Service Fee

No Monthly Service Fee No Monthly Service Fee

Debit Card

Yes Yes

E-Statements

Required Required

Online Bill Pay

n/a $5.00/month

Person-to-Person Payments

n/a Included in Bill Pay

Conversion

Account will convert to the Everywhere Checking account and be subject to the current terms and conditions of this account on June 30th following your 19th birthday.

If attending school or a student after age 18, you may convert the account to a Student Checking.

Account will convert to the Everywhere Checking account and be subject to the current terms and conditions of this account on June 30th following your 23rd birthday.

Common Features

  • FREE Online Banking
  • FREE Mobile Banking1
  • FREE Mobile Check Deposit1
  • FREE MoneyPass® Network ATMs nationwide
  • Automatic Overdraft Transfers from your linked Primary Savings2
  • One (1) FREE Incoming Wire per month

*If under age 18, a parent/guardian with an existing LorMet account in good standing is required as joint owner.

1 Message and Data rates may apply.

2 LorMet will automatically transfer from the linked Primary Savings (if funds are available) up to six times per month, if there is not enough money in your checking account to cover the transaction. There is a fee of $2.00 for each Automatic Transfer.