SBIC Bank · U.S. checking accounts

SBIC Student Checking

Student checking for ages 18–25, with a $25 opening deposit, no monthly maintenance fee or ongoing minimum balance. Includes digital banking and up to five outside-ATM surcharge reimbursements per cycle. Confirm student and identity documents.

Pros

No monthly maintenance fee or ongoing minimum balance.
Up to five domestic/international outside-ATM surcharge reimbursements per statement cycle.
Online/mobile banking and debit-card access.

Cons

For students age 18–25; provide ID and evidence of student status or age.
$25 opening deposit required.
eStatements required; paper statements cost $5 per cycle.
Pre-arrival applicants should check the separate Global Student account and its conditions.

Generated from the provider's published terms and reviewed against official sources.

Costs and key facts

Recurring fee	0 (currency not confirmed)
Minimum opening deposit	25 (currency not confirmed)
SSN requirement	Not confirmed
ITIN accepted	Not confirmed
Credit check	NotStated

Fee waiver: No monthly maintenance fee or ongoing minimum balance for eligible students age 18–25. $25 opening deposit is separate; eStatements are required.

Eligibility and application requirements

U.S. address: Not confirmed

Residency and other conditions: Students ages 18–25; identification and proof of student status or age requested. Confirm tax-ID and residence documents. Pre-arrival Indian students can review Global Student Checking.

Geographic restrictions: Not confirmed. Confirm availability in your state.

Product review: 31 Oct 2026. Source retrieval dates below are separate from editorial verification. An accepted ITIN does not establish residency eligibility.

Compare u.s. checking accounts requirements and costs · How we assess published requirements

Service fees

Overdraft / returned item	Not confirmed
Outgoing domestic wire	25 (currency not confirmed)
Incoming wire	15 (currency not confirmed)
Outgoing instant transfer	Not confirmed
Incoming instant transfer	Not confirmed
Global remittance	Not confirmed · Online SendMoneyEZ rupee remittance has no bank transfer fee within limits. In-branch, exchange-rate and other fees may apply.
Allpoint ATM	Not confirmed
Other ATMs	Up to five outside-ATM surcharge reimbursements per statement cycle under account terms.
Cash deposit	Not confirmed