Check with your bank. Banks won't allow kids to independently open an account until they're eighteen because they can't be held liable for contracts - it's either joint (child is primary) or custodial.
We have a joint account at our credit union where our DS is primary- so it's under his name, but we're secondary on the account. I would do a joint account with child as primary (I think BoA has one) so they can have access to their money. Custodial accounts may be UTMA (I think BoA custodial is UTMA) and kid can't access money until they are eighteen. That doesn't work well if they have a part time job, want an atm card, or get gift money from grandma that they want to spend.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Your local credit union, or USAA

+1 for USAA!

Any feedback on USAA’s kids accounts? Is it easy enough to do everything online?

Looking to set one up for our 14yo, but we weren’t entirely sure we could do it because she’s a generation removed from the original military family member (her grandfather). Can you get one for your kid if your own USAA eligibility is as a dependent?

I'm third generation USAA (for those wondering about membership) and I was able to set up accounts completely online for my 10 and 14 year olds. We did have to call to get the 14 year old's online access set up after the account was established.

I don't deposit cash with them much, but I guess we are lucky - there's a full-service USAA ATM a couple of minutes from our house.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Your local credit union, or USAA

+1 for USAA!

Any feedback on USAA’s kids accounts? Is it easy enough to do everything online?

Looking to set one up for our 14yo, but we weren’t entirely sure we could do it because she’s a generation removed from the original military family member (her grandfather). Can you get one for your kid if your own USAA eligibility is as a dependent?

Yes! In fact that is one of their selling points. Membership can get passed down to each generation. As long as a parent is a member, kids are eligible to be members. The parent doesn’t have to be the original military member that started the membership. If your kids become members, then their kids will be eligible one day too and so on

For USAA, grandparent is fine for eligibility -- we did that. The account can be set up over the phone.

Depositing cash is a pain - but our kids don't deal in cash very much. If they want to deposit cash they just give it to us and we write them a check that they can deposit using their phone.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Your local credit union, or USAA

+1 for USAA!

Any feedback on USAA’s kids accounts? Is it easy enough to do everything online?

Looking to set one up for our 14yo, but we weren’t entirely sure we could do it because she’s a generation removed from the original military family member (her grandfather). Can you get one for your kid if your own USAA eligibility is as a dependent?

I'm OP, and this doesn't answer about eligibility, but I am worried about depositing cash with USAA. It doesn't seem that easy- only UTM on bases seem to take the deposit. My dd has 500 cash and I use usaa too so can't take her cash

Will maybe try PNC?

Anonymous wrote:

Anonymous wrote:Your local credit union, or USAA

+1 for USAA!

Any feedback on USAA’s kids accounts? Is it easy enough to do everything online?

Looking to set one up for our 14yo, but we weren’t entirely sure we could do it because she’s a generation removed from the original military family member (her grandfather). Can you get one for your kid if your own USAA eligibility is as a dependent?