Our Student Debit / Checking Accounts are Designed with Students in Mind.
Low cost to start, and all the digital options you need.
With this account, there are no monthly service charges, no minimum balance required, and you only need $25 to open your account. Your account also comes with a Callaway Bank debit Mastercard®, or you can customize your debit card with one or your favorite pictures for $5.95.
Don’t have a favorite picture? You can pick from our library of cards (which includes pictures of campus, greek life designs, and lots of other fun card options) for just $1.95.
Plus, Student Debit / Checking comes with all of the great technology that comes with our regular accounts, including our Mobile App, Bill Pay, Mobile Check Deposit, Digital Wallet, and eStatements.
Overdraft Protection Options:
Sometimes it’s easy to run out of funds and not realize it. At that point do you prefer to have your account prevent further purchases so you avoid overdraft fees, or do your prefer to have access to extra funds for an additional fee? Either way we can accommodate you!
- Option 1: Avoid overdraft fees by declining Courtesy Pay. When your account is empty your debit card will be declined.
- Option 2: Access up to $800 in additional funds with Courtesy Pay for an additional fee per occurrence. See details at the bottom of the page.
TIP: Setup up eAlerts which notify you when you reach a particular balance level, such as when your account hits $100 remaining, you get a text alert that you’re getting low on funds. eAlerts are included with Student Debit / Checking.
Student Checking
| ACCOUNT FEATURES | |
|---|---|
| Monthly Service Charge | – |
| Minimum Balance to Open | $25.00 |
| Minimum Daily Average Balance Required¹ | – |
| No Fees on Checks Written or Items Deposited |  |
| Debit Mastercard® | |
| Fraud Analytics Protection | |
| Online Banking & Bill Pay | |
| Mobile App with Mobile Check Deposit² | |
| Apple Payᵀᴹ, Google Pay®, Samsung Payᵀᴹ ³ | |
| 24hr Telebanking | |
| eAlerts | |
| Auto Transfer to Prevent Overdraft Fees⁴ | |
| eStatement with Check Images | |
| OPTIONAL ACCOUNT FEATURES | |
| Courtesy Pay Overdraft Protection⁵ | $800.00 Limit |
| Paper Statement | $3.95 Per Cycle |
| FavCard | $5.95 |
| FavCard (Choose From Our Library) | $1.95 |
| Other Fees | Common Fees |
Digital Wallets
The Callaway Bank now offers Digital Wallets: Google Pay™, Apple Pay®, and Samsung Pay™.
Personal Mobile App
The Callaway Bank Mobile app allows you to bank on the go. It’s free to download and offers quick access for managing your consumer accounts.
FavCard®
Customize your consumer check card and make it your FAVorite card! The Callaway Bank offers you the option to put that special picture on the card that you use most – your check/debit card.
¹If your account reaches a zero balance, it will automatically be closed. ²Mobile Check Deposit available after a 30 day waiting period and approval. ³Apple, the Apple logo, iTunes, iPhone, and iPad are trademarks of Apple Inc., registered in the U.S. and other countries. Apple Pay and Touch ID are trademarks of Apple Inc. Google Pay is a trademark of Google Inc. Android, Android Pay, and the Android Logo are trademarks of Google Inc. ⁴Auto transfers to prevent overdrafts must be from a Callaway Bank account with available funds. ⁵Courtesy Pay Overdraft Protection charges $32.50 per item overdrawn. The fee may be imposed for covering overdrafts created by check, in-person withdrawal, ATM withdrawal or other electronic means. ATM and everyday debit card transactions will be covered only if prior authorization is on file with the bank. Negative balances must be made current within 30 days, but will be subject to a $3.00 per day fee beginning on day three the account is negative. Overdrafts are paid at the sole discretion of the bank. Overdrafts may not be paid if your account is not in good standing.