First Account


The First Account, a checking account for 14- to 22-year-olds, is ideal for introducing a teenager to basic financial management, yet full-featured enough to carry through college and into the workplace.

Parents can use the First Account to teach everyday financial management — for example, by depositing a child's allowance on a regular schedule and encouraging prudent budgeting and spending until the next "payday." When a parent electronically transfers money to the account, funds become available through the MasterCard debit card, providing the convenience of a pre-paid card without fees and expiration dates. Account-holders can deposit gift money and earnings from part-time jobs, and monitor their accounts through OnCommand™, our free online banking service. And because the First Account is a joint account between parent and child, you're always in control.


Features

  • Joint account between a child, age 14-22, and parent or guardian
  • $25 minimum opening deposit; no minimum balance required
  • No monthly maintenance fee
  • Unlimited check writing1
  • FREE Debit MasterCard®
  • FREE ATM usage with no fee charged for first four ATM withdrawals per statement cycle2
  • FREE Coverdraft protection3
  • FREE OnCommand™ online banking and Web Bill Pay
  • FREE eStatements
  • FREE unlimited telephone banking
  • FDIC insured

View fees for additional services.


1Requires Coverdraft to another FCB checking or savings account
2FCB does not charge a fee for the first 4 ATM withdrawals per statement cycle, subsequent transactions will be charged $1.50 each. There is no surcharge to FCB Debit or ATM Cards used at ATMs in the MoneyPass® network. FCB will rebate other ATM surcharge fees, charged by ATM owners, up to $12 per statement cycle.
3Coverdraft available from another FCB deposit account, FCB Visa® or FCB line of credit. Amount charged to FCB Visa card is subject to cash advance finance charges. See cardholder agreement for details.