You're never too young to make a smart decision with your money.
The path to financial independence is learning to manage your money without worrying about the fees and charges that other banks tack on.
Generations understands that your time is valuable and we want to help. Opening a checking account is easy and you can do it as early as age 16. Students just need to bring in their Texas ID and social security card.
- No initial opening deposit requirement
- Pick your own Visa Debit Card design to fit your style
- No joint or co-signer required
- Your money earns money with minimum balances
- Be eligible to apply for an exclusive scholarship
- Overdraft Protection*
- Free online banking, Bill Pay and eStatements
- Direct Deposit set up
- Access to 55,000 surcharge-free ATMs worldwide (In-house non-proprietary ATM charges still apply.)
*Overdraft Protection: There are certain restrictions for individuals age 16 or 17.
How old do I have to be to open my own checking account?
Students as young as 16 years old can open their own checking account. Having a parent as a joint owner on your account is totally up to you.
How do I open an account?
You can apply online if you are 18 years or older. If you’re 16 or 17 years old, just visit a branch location and we will take care of you.
What documents do I need to open my own checking account?
You will need a Texas ID and social security card for identity verification.
How much do I need to open an account?
You will only need to deposit $5.00 into a Savings Account to establish your membership with the credit union.
Is there a monthly fee to have an account?
Members receiving paper statements for their GFCU accounts will be charged a $2 per statement fee each month. The fee will be charged to the GFCU share account. The paper statement fee is not applicable to members under the age of 18.
Will I get a Debit Card?
Yes, you can choose your own VISA debit card that fits your style.