For teens (ages 13-17) looking for a smarter way to manage money, an Independence Account from American 1 can help them take that next step. This account is designed with teen specific goals in mind, providing a simple way to continue building money skills while preparing for the future.
An Independence Account gives teens a safe, convenient place to deposit their earnings, track spending, and a path to building strong financial habits.
An Independence Account can help teens keep track of what comes in and what goes out, making it easier to stay on top of spending and savings goals.
Whether they're planning to attend college, trade school, a certification program, or another path after graduation, saving early can make a big difference.
From understanding the basics of saving and budgeting to learning how money works in everyday life, you'll find tips, activities, and articles that make financial wellness easy to understand.
Yes! Independence account members have access to the Freedom + card. This card helps create positive savings habits, opportunities to learn about finances, and familiarity about visiting or contacting the credit union.
Yes, Independence account holders are able to access the American 1 Online and mobile banking apps where they can manage their money anytime, anywhere.
Yes, a parent or guardian is required as a joint on the account until the Independence account member is 18 years of age.
Using online and mobile banking you can monitor withdrawals, deposits, and spending activity associated with your teen's Independence account.
Yes, From the Alerts page in online banking, you can see Subscription Alerts, Security Alerts, and your teens Alert History. To learn more about setting alerts, view this helpful tutorial.
