Skip to Main Content

Teen Banking Made Easy

Get started on the financial path to success with
teen banking from M&T Bank.

 

Grow their financial future with less worry and less hassle

Convenience

Easy transfers and access to your account with the M&T Mobile App

Security

Alerts for suspicious activity, low balance, and transactions

Save on Fees 

No overdraft fees{{d888*}} with MyWay Banking, no minimum balance with M&T Starter Savings{{d349*}}

Financial Education

Prepare your teen with the Financial Education Center online learning

M&T Bank has the right account for your teen

Whether your teenager landed their first job, is looking to save for college or a first car, a checking account is a great tool to help teach them financial responsibility. Note: For teens ages 13-17, the account must be opened in a branch with a parent or guardian. To open an account online, the individual must be 18 years or older.

MyWay Banking

A checkless checking account without worrying about overdraft fees and a customizable debit card

No overdraft fees{{d888*}}

$0 monthly maintenance fee with at least one transaction per month{{d641*}}

Customizable Debit Card

Starter Savings

An interest-bearing savings account to help them grow financially{{d640*}}

No monthly maintenance charge{{d349*}}

No minimum balance required to open the account{{d349*}}

Interest-bearing Savings Account{{d640*}}

Build your teen's money management skills with our financial tools

Financial Education Center

We've built a financial education center with you in mind.

Money Smart

M&T Money Smart™ lets you keep track of your finances through an easy-to-use dashboard.

M&T's Easy Save

Set up regular transfers from your M&T checking to your M&T savings.

Sending Money is easy with Zelle®

Send money quickly and conveniently to family and friends with Zelle{{d502*}} and M&T. 

Customize your M&T Debit Card

Just upload or select an image to personalize your card at no charge!

It's Simple to Apply

WHERE TO GO

Make an appointment or stop by your local M&T Branch

WHAT TO BRING

Teens:

  • Birth certificate or Government issued ID
  • Social Security Number
  • Parents or guardians:

  • Government issued ID
  • CONGRATULATIONS!

    Set up your account for M&T Online Banking and check out our online financial education courses