Student Banking At Community Banks of Colorado offers common sense banking for students. Student Banking Our Everyday Checking Account for students under 251. Features: Conveniently accessible ATM locations Bank when you want, where you want and how you want at No monthly service fee if you’re a student between the ages of 14 and 25. Being a student is already tough enough, your bank should be an easy choice. So, what are you waiting for? Open at a Banking Center STUDENT CHECKING & SAVINGS BUNDLE The Everyday Checking and Smart Savings accounts are great solutions for those who want a basic checking and savings account to help manage their money. The Student Relationship features include: Visa Debit Card Online Banking Mobile Banking Mobile Deposit2 Everyday Checking Smarter Savings 3,4 Minimum to Open $100 ($25 if under 25 years of age) $25 Monthly Service Charge $5 $3 How to avoid the Monthly Service Charge Have a direct deposit into the account of $500 or more each statement cycle and agree and consent to receive Online Statements OR Maintain a minimum average daily balance of $1,000 or more each statement cycle and agree and consent to receive Online Statements OR Be under 25 years of age OR Be 65 years of age or older Maintain a minimum daily balance of $300 OR Maintain an average daily balance of $600 OR Make deposits and transfers totaling $25 each month OR Be under 25 years of age Student Credit Cards At Community Banks of Colorado, whatever your unique needs are, we have the credit card that is just right for you. APPLY FOR A CARD TODAY Coverdell Savings The cost of education is on the rise and students are looking for options to lighten the financial burden. That’s why at Community Banks of Colorado we are excited to offer the opportunity to help you save and pay for qualified elementary, secondary or postsecondary education expenses with the Coverdell ESA. Qualified expenses may include: Tuition and fees Books, supplies and equipment Academic tutoring Special needs services Uniforms Room and board Computers or other peripheral equipment Contributing to the Coverdell ESA if your household income meets certain requirements, you can contribute up to $2,000 per year to a Coverdell for each child. Contributions above $2,000 may incur taxes on the excess. You should consult your own tax, legal and accounting advisor. Visit your nearest banking center to talk with a banker today to see if a Coverdell ESA is right for you! FIND YOUR NEAREST LOCATION 1 Minor owner between 14-18 years of age allowed with adult joint owner on checking and money market accounts. 2Must have an eligible personal checking or savings account. 3Please refer to the Electronic Funds Transfer Agreement and Disclosure for a definition of pre-authorized debits. 4A transaction fee will not be imposed for the first three (3) debits each month. Additional debits are $1.00 each and the fee will be added to the monthly service charge calculation displayed on your periodic statement.
