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Personal Banking
  Student Checking

Student Checking Account

Our Student Checking Account is perfect for students age 18 to 25. There are no monthly fees, and no minimum balance required.

Students can take advantage of the following benefits:

  • Free transfers from a parent's account*
  • Free Statement Savings Account with no minimum balance required
  • Ten free non-SSB ATM transactions per month**
  • $10 minimum deposit to open

Students 18 and older can open this checking account online, and receive free e-Statements, Online Banking and Bill Pay!#

Open a Student Checking Account Online.

*Parent must be authorized signer on the account.

**South Shore Bank will not charge you a fee to use another bank's ATM; however, the other bank may charge you a fee.

# If you do not enroll in e-Statements within 30 days after account opening, your account will automatically migrate to a Free Checking Account, which does not offer the same benefits as the Student Checking Account, nor does it require e-Statements.

 
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Your Deposits are Insured in Full
All deposits at South Shore Savings Bank are insured in full. Each depositor is insured by Federal Deposit Insurance Corporation (FDIC) to at least $250,000. All deposits above the FDIC insurance amount are insured by Depositors Insurance Fund (DIF).

"NOTICE OF CHANGES IN TEMPORARY FDIC INSURANCE COVERAGE FOR TRANSACTION ACCOUNTS
All funds in a "noninterest-bearing transaction account" are insured in full by the Federal Deposit Insurance Corporation from December 31, 2010, through December 31, 2012. This temporary unlimited coverage is in addition to, and separate from, the coverage of at least $250,000 available to depositors under the FDIC's general deposit insurance rules.

The term "noninterest-bearing transaction account" includes a traditional checking account or demand deposit account on which the insured depository institution pays no interest.  It also includes interest on Lawyers Trust Accounts (“IOLTAs”). It does not include other accounts, such as traditional checking or demand deposit accounts that may earn interest, NOW accounts, and money-market deposit accounts.

For more information about FDIC insurance coverage of transaction accounts, visit www.fdic.gov.