Compass Money Management for Teens

Put your teen on the path to financial independence.

Teach

Teens to make smart money choices.

Encourage

Teens to save their money.

Guide

Their money management journey.

No Fee Accounts

It starts with two no-fee accounts – one for making purchases and depositing checks, and the other for building savings.

Round-up Savings with Rewards*

Purchases are rounded up to the nearest dollar and the extra change is automatically transferred to an interest-bearing savings account. Plus each transfer will be matched up to $50 annually.

Debit Card

With a Village Bank Mastercard® debit card, get cash anytime, anywhere. Plus, we will reimburse up to $15 in ATM surcharges each month.

Mobile Check Deposit

On the rare occasion they receive an old-fashioned check (thanks Grandma!), your teen can deposit it using The Village Bank mobile app. No more lost checks!

24/7 Mobile Access

With our Mobile Banking app, you and your teen can check their account balances and activity to ensure they are staying on track with spending and saving goals.

They can also use the app to “turn off” their debit card if it is ever lost or stolen!

Parental Controls

Guide your teen along their money management journey by setting spending limits, monitoring balances, and setting up transfers to fund their accounts.

Parental Support

Need to send cash quickly? If you have a checking account at The Village Bank, you can make transfers when your teens need a little extra.

Let's Get Started

For more information or answers to any questions, please visit our Customer Care Center, use our Contact Form, or call us at (617) 969-4300.

*Compass Round-Up Match Bonus is tied to debit card usage with a maximum annual payout of $50. Monthly ATM reimbursements not to exceed $15.

TeenCompass

I’m with The Village Bank because…

LOVE that we have a personal relationship with the branch manager in Newtonville. The kindness of tellers. Low Key. Easy to get assistance when I call into the service center.

Survey Response

From Customer Survey

Money Management for Teens

You are now leaving The Village Bank

Weblinks – By clicking the link to an outside URL, you will enter a web site created, operated and maintained by a private business or organization. The Village Bank provides this link as a service to our website visitors. We are not responsible for the content, views, or privacy policies of this site. We take no responsibility for any products or services offered by this site, nor do we endorse or sponsor the information it contains. Village Bank is not responsible for the accessibility of this link. Email – Email is not secure. Time-sensitive requests or private information, such as account numbers, should not be sent via email.

You will be redirected to

Click the link above to continue or CANCEL

Skip to content