| Detail | 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 |
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*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 Requires enrollment. Both members must complete the M2M Transfers authorization form.
3 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.
