North Island Credit Union Receives National Bank On Certification for Student Checking Account
North Island Credit Union has earned national Bank On certification from the Cities for Financial Empowerment (CFE) Fund for its Student Checking account. The certification validates that the product meets rigorous national standards regarding accessibility, affordability, and consumer safety, specifically targeting students aged 13 to 25. The Student Checking account features no monthly maintenance fees, no minimum balance requirements, and allows for accounts to be opened with a one-cent deposit. It also provides access to over 85,000 fee-free ATMs through the CO-OP and Allpoint networks. This move reinforces the credit union's broader financial inclusion strategy aimed at reducing barriers for unbanked and underbanked populations.
Topics: Banking Certification Financial Inclusion Student Banking
Read the full article at PR Newswire
Part of the story North Island Credit Union Receives National Bank On Certification for Student Checking Account (2 articles)