As your child grows more independent, it’s still nice to know you can help them manage their finances when needed. With online and mobile banking, you can stay connected to your student’s account while encouraging healthy money habits.
Keep an Eye on Balances
One of the easiest ways to stay informed is by setting up balance alerts through online or mobile banking. You’ll receive a notification when the account reaches a balance you choose, helping you spot potential issues before they become overdrafts.
Move Money When They Need It
Need to send your student a little extra for books, groceries, or an unexpected expense? Account-to-account transfers make it quick and convenient.
For student accounts opened in 2020 or later, parent and child accounts are automatically linked, making transfers simple. If your accounts aren’t linked yet, just stop by the credit union, and we’ll be happy to connect them for you.
Monitor and Manage Together
Once your accounts are linked, you can access your child’s account through online banking to:
- View account balances and recent activity.
- Set up balance and account alerts.
- Transfer funds between eligible accounts whenever needed.
These tools make it easy to provide support while helping your student learn to manage money responsibly.
Encourage Financial Independence
Digital banking gives parents peace of mind while giving students the opportunity to build lifelong financial skills. By staying connected, setting alerts, and talking regularly about budgeting and spending, you can help your child gain confidence with every financial decision.
Have questions about linking accounts or setting up alerts? Our team is always happy to help you get started.