Many banks offer special account options for minor children, including checking and savings accounts. Investopedia explains that parents need to accompany their children when opening a new account, as many banks prohibit... More »

Checking accounts and savings accounts are available for minors, according to Constance Gustke for Bankrate. As of 2015, a growing number of banks offer teen checking accounts that start as early as age 13. Many of these... More »

www.reference.com Business & Finance Personal Banking Bank Accounts

To open a new bank account, you need to provide the bank with your Social Security number, driver's license and the minimum deposit amount. The minimum deposit amount varies from bank to bank. More »

www.reference.com Business & Finance Personal Banking Bank Accounts

The law requires banks to keep a record of checking and savings accounts for five years after an account is closed, states Miranda Morley for Zacks. Information kept by banks includes transaction history, transfers of $3... More »

www.reference.com Business & Finance Personal Banking Bank Accounts

Consumers seeking the best interest rates on bank savings accounts should look at banks offering online savings accounts. Although annual percentage yield earnings on savings account deposits change frequently, on averag... More »

www.reference.com Business & Finance Personal Banking Bank Accounts

There is no cost to open an account with American Savings Bank, and there is no minimum deposit to open checking, statement savings and ASB Tiered Savings accounts, according to American Savings Bank. As of 2015, the Kal... More »

www.reference.com Business & Finance Personal Banking Bank Accounts

According to Bankrate, advantages of a savings account include money liquidity, money safety, and multiple withdrawal options; disadvantages include interest rates that are usually lower than these of CDs and other inves... More »