While your child may know the basics when it comes to spending and (hopefully) saving money, with age comes an increase in responsibility (as we know all too well). As your not-so-little one grows into a teenager, you can encourage them to build on those basic skills by learning how to open and manage their own checking account. Bonus: This new financial endeavor can also help grow the circle of trust (cue Meet the Parents) between you and your teen, leading to a more positive parent-child relationship.
Community First, with several convenient locations throughout Florida, offers a few tips and resources for setting up your teen’s first checking account.
About Community First
Since 1935, the story of Community First has unfolded from our launch in a high school basement as the Duval County Teachers Credit Union, to a 19-branch, more than 145,000-member financial institution open to anyone who lives, works, or attends school in one of the following counties: Baker, Brevard, Broward, Clay, Duval, Flagler, Indian River, Lake, Martin, Nassau, Orange, Palm Beach, Putnam, Seminole, St. Johns, St. Lucie, or Volusia. Membership is also open to any relative of an existing or eligible Community First Credit Union of Florida member. We also offer membership to Select Employer Groups, including all employees of Brooks Rehabilitation and Web.com.