Student Checking with Texas Trust is Free with eServices1 Plus you get:
1 Student must be between ages of 13-23. Upon turning 24 years old, account will be automatically converted to a Checking20 account.
2 Paperless Statements are required on this account. If paper statements have not been turned off within 60 days, a monthly paper statement fee of $3 will be assessed. Members under the age of 18 will be exempt from this fee.
3 Dividends are compounded monthly and paid on the first day of each month.
4 Student-minded Overdraft Privilege means Texas Trust Overdraft Privilege, with a lower tiered fee structure. An overdraft occurs when money is withdrawn or transactions (checks, debit card purchases, electronic funds transfer, etc.) are paid from a checking account and the available balance goes below zero. Overdraft Privilege is when a debit card overdraft is paid by Texas Trust on your behalf. Members must be at least 18 years of age and opt in to this service. The fee for using overdraft privilege is $10 for each transaction equal to or less than $10 and $20 for transactions greater than $10. Privilege limit is set at $100. Once transactions total $100, Overdraft Privilege may no longer be applied and debit card transactions may be denied. In the normal course of business, we generally pay electronic transactions first, and then checks in the order they are presented. The order in which transactions are posted may impact the total amount of overdraft fees or return fees assessed. You must repay or cover any overdraft within 30 days. Texas Trust pays overdrafts at our discretion, which means we do not guarantee that we will always authorize and pay any type of transaction. Must be 18 years of age or older to qualify for overdraft privilege.