The Adirondack Trust Company announced today that it has launched ATC Free Student Checking, the newest deposit product designed to help students reach their financial goals and to help them manage their money while developing basic money management skills.
Charles V. Wait, Jr., Executive Vice President of The Adirondack Trust Company said, “By opening an ATC Free Student Checking account, students will benefit from the ease and convenience of tracking their money that they have worked so hard to earn. Students will have immediate access to their account information and for example, will learn firsthand how to use an ATM or deposit a check. At The Adirondack Trust Company we believe that by providing them the opportunity to learn about the basics of money at an early age, they will in turn become financially responsible adults.”
The ATC Free Student Checking account is available to individuals who are ages 13 through 23 and will require those under the age of 18 to have a parent/guardian listed on the account. The account is tailored to help keep track of their money anytime, anywhere by using the bank’s WebWise Online Banking Services or the Mobile Banking app, as well as accessing their account at any Adirondack Trust branch and ATM. The account is structured so there are no minimum balance requirements, no monthly maintenance fee and a refund of up to (4) or $15 of non-ATC ATM surcharges monthly.
The Adirondack Trust Company is an independent, locally owned and operated, community bank offering a wide variety of business and personal financial services. The bank has more than $1 billion in assets and twelve branch offices. The bank offers banking, trust, insurance, and investment management services, and originates real estate mortgages, both residential and commercial, and commercial business loans throughout its primary market area. The bank is a Bauer 5 Star Rated Superior bank.