First National Bank offers a checking account with no minimum balance, according to its website. In addition, its standard checking account does not require a monthly service fee or a minimum balance to create the account for first-time applicants. Other banks with similar programs include Columbia Bank and Citizens Bank.
The checking account at First National Bank provides customers with free bank checks, one debit card and free mobile banking, states First National Bank. In addition, customers receive one overdraft forgiveness offer once every 12 months. As of 2015, other benefits include a 0.25 percent discount rate on certain loans and a $200 mortgage closing cost credit.
Citizens Bank also offers a checking account with no minimum balance, according to its website. Its One Deposit Checking account requires a monthly deposit of any amount in order to waive its monthly maintenance fee. While the bank does not require a minimum balance after the account is open, it does require a $25 opening fee balance.
Columbia Bank has an option for a checking account with no minimum balance requirements, according to its website. Its Totally Free Advantage Checking includes free online banking and no monthly service charges.
Most student checking accounts feature no minimum balance requirement, explains Bank of America. These plans usually include free checks, a debit card and access to an ATM. In most cases, students need to be actively enrolled in school and under the age of 23 to qualify.