Banking Made Specifically for Students 

Are you earning money from a part-time job? Receiving financial support from family while getting an education? Saving toward a big goal, like a new car, epic trip, or a deposit on your first apartment? Having a checking account is an essential step toward financial independence. 

OlyFed’s free checking accounts for students are designed to make banking simple and affordable. Features of our Journey Checking and lyfe Checking accounts help students stay in control of their finances, including: 

• No monthly maintenance fees 

• Earns interest, helping your money grow  

• Access to a nation-wide network of surcharge free ATMs 

• A free debit card for everyday purchases 

• Convenient digital and mobile banking 

• Mobile check deposit 

• Online bill pay 

• Real-time account alerts 

• Debit card controls that let you lock or unlock your card, set spending limits, and monitor transactions 

• Option to round up each purchase to the nearest dollar and automatically deposit the spare change into your savings account 

These tools make it easier to keep track of and grow your money. Whether you’re in class, at work, at practice, or hanging out with friends, you’ll be learning lifelong financial skills. 

Digital Banking Tools Provide Convenience and Control 

We do so much online these days. It makes sense, then, that 67 percent of students prefer online banking and mobile apps. OlyFed’s Affinity debit card and checking account options for students make it easy to manage your money safely online with the latest next-gen tools and apps. 

With the OlyFed mobile app, you can take care of everything, day or night, without setting foot in a branch. Transfer money, deposit checks, and pay bills instantly with the touch of a button. Access to all your account and card details in one place means you’ll always know exactly where your money is going. 

Our digital banking experience also gives you even more control over your finances with helpful, seamlessly integrated card features. What do you get with OlyFed Card Control? 

• Protection: Instantly turn your card on/off, and report a lost or stolen card in a few clicks. 

• Budgeting help: Set spending controls for how, when, and where your card is used. 

• Monitoring: Get real-time alerts for unusual activity, to track purchases, and for every transaction. 

• Education: See a map of payments with vendor details to better understand your spending habits. 

• Travel: Notify OlyFed of your travel plans in the app to make sure your card works no matter where you roam. 

• Convenience: Add cards to a digital wallet for fast and safe payments. 

• Financial management: Manage your subscriptions and know where each card is stored online. 

Custom Debit Cards Make It Easy to Show Your School Pride 

Your debit card is something you’ll use almost every day. Why not make it represent something you care about? 

With OlyFed’s Affinity Card Program, students can choose a custom debit card featuring their participating school. Choose from a wide variety of high schools, regional learning academies, colleges and universities, and community organizations. It’s a simple way to celebrate school and community spirit while carrying a card that’s uniquely yours. 

What’s better than showing your school pride with every purchase? How about giving back to your community? When you use your Affinity Card, OlyFed contributes to participating schools and community nonprofits at no cost to you. Every purchase becomes an opportunity to support local students, school programs, and scholarships. On top of that, one month a year, your school will receive donations from all customer debit card transactions. 

It’s a meaningful way to be part of something bigger and give back without changing your everyday spending habits. Choosing an Affinity Card from OlyFed gives you convenient banking and a chance to feel good about your purchases. Whether it’s grabbing lunch, filling up your gas tank, or buying school supplies, you’re also creating opportunities for other students. 

Learn Smart Money Management Early 

According to a survey from the American Bankers Association, 72 percent of consumers believe they would be better off financially if they had learned how to manage money at an earlier age. Understanding how to handle your personal finances well doesn’t happen overnight. But the earlier you start, the more confident you’ll become. 

Using a checking account responsibly teaches valuable financial skills, such as: 

• Creating and following a budget 

• Tracking spending habits 

• Understanding the difference between needs and wants 

• Saving for future goals 

• Protecting against fraud by monitoring your account regularly 

A free checking account for students gives you a headstart. No monthly fees means you can afford an account even with a part-time job. Digital banking tools and account alerts make it easy to stay informed about your balance and spending. When you can track your spending habits, you’re better able to budget and make thoughtful financial decisions every day.

The financial habits you build as a student can stay with you for years to come. Regularly checking your account, using your debit card responsibly, and setting savings goals are simple practices that make a big difference. Saving for college? Getting your first apartment? Working your first full-time job? Developing financial skills now can help you feel more prepared for whatever comes next. 

Ready to Get Started? 

At OlyFed, we believe a checking account is more than a place to keep your money. We’ve created our free checking account and Affinity Card Program for students to give you more. Convenient digital banking and debit card controls give you the tools to: 

• Build lifelong financial confidence
• Take greater control of your future 
• Show school pride 
• Give back to your community 
• Help your money grow 

Stop by any of our 9 convenient locations or take advantage of our digital branch to get started today. All our accounts come with dedicated customer care and support, meaning a real person answers your call. Help is always just a phone call, email, or text away.