Checking Account For Students
Illuminus Bank Checking account offers special benefits and features to Young Adults ages 18 through 24 and Youth ages 13 through 17. Young Adults may apply for an account individually or jointly. Youth must apply jointly with an adult.
Open a checking account in minutes with a minimum deposit of $10. As a Youth or Young Adult, you’re automatically enrolled in Illuminus Bank Smart Rewards program and will receive these and other benefits.
$0 monthly maintenance fees: There are multiple ways to get them waived
$0 ATM transaction fees at Illuminus Bank ATMs and on first four Non-Illuminus Bank ATM transactions per statement period (Non-Illuminus Bank ATM transaction fees apply after four),
$0 overdraft protection transfers made from an eligible linked Illuminus Bank deposit account
$0 overdraft fees when overdrawn $50 or less
No need to write checks?
Consider a Safe Debit Account, a “checkless” no overdraft fee option that is not part of the Illuminus Bank Smart Rewards program. Open an account in minutes with a minimum deposit of $10. Youth ages 13 through 17 must open an account jointly with an adult.
Benefits of the Safe Debit account include:
Illuminus Bank Visa® Debit Card
No overdraft fees
$0 ATM transaction fees at Illuminus Bank ATMs. Non-Illuminus Bank ATM transaction fees apply.
24/7 customer service
Illuminus Bank Mobile App
Note: No monthly maintenance fee.
You can open a Checking and Safe Debit accounts for a Youth aged 13 through 17 if it is a joint account with an adult. You may do so together online or in a branch. If the Youth is under the age of 13 or if you wish to open any other joint account with a Youth, you must do so together in a branch.
You can apply for an individual bank account if you’re 18 years or older and a legal U.S. resident. You’ll need to provide your Social Security number and a valid, government-issued photo ID.
A checking account is typically used for day-to-day spending and paying your bills. You can easily access your money with a debit card, ATM or check.
A savings account is meant to help you grow your money or set aside funds for a big purchase. It’s often beneficial to have both as part of your financial plan.
There are multiple ways, including through: Illuminus Bank Mobile App, online banking, your monthly statement, your checkbook and our routing number directory. The easiest way is to open the app and simply ask the Illuminus Bank Virtual Assistant™, “What’s my routing number?”
Get answers to other frequently asked questions and learn more about account services, features and benefits on our Checking customer resources page
Disclosure
Illuminus Bank Student Banking Disclosure
Effective Date: May 13, 2025
Illuminus Bank offers Student Banking services designed for Young Adults (18–24) and Youth (13–17). By opening a checking or Safe Debit account, users agree to the following terms and conditions:
General Terms
- A minimum initial deposit of $10 is required for all accounts.
- Young Adults (18–24) may apply individually or jointly, while Youth (13–17) must apply with an adult co-owner.
- Illuminus Bank reserves the right to modify account terms, fees, and benefits at any time with proper notice to account holders.
Checking Account Terms
- Smart Rewards Enrollment: Automatic enrollment provides benefits including waived maintenance fees, ATM fee waivers, and overdraft protection.
- Overdraft Policy: No overdraft fees apply if the account is overdrawn by $50 or less. Overdraft protection transfers are available from eligible linked accounts.
- ATM Usage: No transaction fees at Illuminus Bank ATMs. The first four transactions at non-Illuminus Bank ATMs per statement period are free; fees apply thereafter.
Safe Debit Account Terms
- This account does not include Smart Rewards benefits and does not allow check-writing.
- Overdraft Policy: No overdraft fees apply.
- ATM Usage: No transaction fees at Illuminus Bank ATMs. Fees apply for non-Illuminus Bank ATMs.
Additional Disclosures
- Illuminus Bank is a Member FDIC and an Equal Housing Lender.
- All accounts are subject to applicable state and federal regulations.
- Full terms and conditions can be found on our official website or by contacting Illuminus Bank customer support.
By maintaining an account with Illuminus Bank, users acknowledge and agree to these terms.