e-Student Savings
Build better money habits with a student savings account designed to help you set money aside, earn interest, and track your progress. Open an e-Student Savings account and use our online tools to budget, save, and plan your next step.
Budget. Track. Grow.
Use online tools to create budgets, review spending categories, and learn where your money goes over time. Find the small adjustments that can help you save.
View your credit score, get tips to improve, and learn how everyday choices can help with future goals like a car, apartment, or home.
Link eligible checking, credit card, savings, and outside accounts to see your whole financial picture and learn how daily choices affect your money.
A simple way to begin
Eligible students have no monthly service fee and no monthly minimum balance, making it easier to start saving while learning strong money habits.
Open e-Student Savings with a $1 minimum deposit, then add money when you can as you build steady savings habits over time.
Your savings can earn interest at a variable rate* while you keep money set aside for school costs, emergencies, and future goals.
e-Student Savings is designed for students ages 13 to 24. Clients ages 13 to 17 need a legal adult as a joint account owner. Clients under age 25 do not need to provide proof of student status until their 25th birthday.
Free financial education
You 1st offers free financial education tools to help students and families build stronger savings habits. Explore articles, videos, quizzes, calculators, and guides on budgeting, saving, building credit, managing debt, planning for school expenses, and preparing for future goals.
Use these resources to learn at your own pace, understand your options, and turn saving questions into clearer next steps.
Visit you 1st
Open a 1st Source checking account online, compare account options, or contact us if you have questions before you begin. A 1st Source banker is happy to help you understand eligibility and account features before you apply.
This account is for clients who are students who provide proof of their student status. Clients under the age of 25 will not be required to provide proof of student status until their 25th birthdate. Proof of student status must be renewed after 6 years or at clients 25th birthday, whichever is later. Clients between the ages of 13 and 17 require a parent or legal guardian as a joint account owner.
*For information on how we calculate interest, see How We Calculate Interest on Interest-Bearing Accounts in Sec on 3 of the Agreement for Deposit – Personal Accounts. The Interest Rate and Annual Percentage Yield (APY) may be obtained by contacting any one of our banking centers or calling the 1st Source Customer Service Center at 800- 513-2360.
