Student Savings

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It's the lesson plan to follow for steadily growing your money.

Between homework, studying, sports, and after-school jobs, there’s not much time left for high school and college students to think about managing money. That’s why BankFive created an account with Massachusetts and Rhode Island students in mind. With Student Savings, you can open your account right online, feed it automatically with regular deposits, and manage it while on the move, using your computer or mobile device.

The worry-free, hassle-free way to save:

Available for students ages 16-24¹
$10 minimum balance to earn interest
Free access to Online Banking and Mobile Banking
Make unlimited mobile and in-branch deposits
Use this account as overdraft protection on your Student Checking account
Free eStatements²

¹_{On 25th birthday, account automatically changes to eAccess Savings, subject to the terms and conditions, terms of service, and fees of that account.}

²_{eStatements are free. Paper statements are available upon request for $1 per month.}

Student Resources

August 22 2024

Marissa Scott —

Budgeting

4 Budget Strategies for College Students

Let’s take a look at four budgeting strategies that can help college students stay on the right track financially.

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November 2 2023

Marissa Scott —

Money Management

8 Financial Tips for College Students

For many, college presents the first opportunity to be in charge of your own finances. Here are some tips to help you avoid financial pitfalls and start out adulthood on good fiscal footing.

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