Cornerstone Bank offers new checking account designed specifically for students

RITE Student Checking encourages financial independence with special benefits

With school back in session, Cornerstone Bank is pleased to offer a new checking account designed for the unique needs of students4. The account offers a variety of features and benefits to help students get a strong start toward financial independence. The best part? It’s free5 for students ages 16 through 25.

“We are big proponents of financial literacy, so we wanted to create an account that makes it easier for students in high school and college to start banking on their own,” said Cornerstone Bank CEO Todd Tallman. “Our RITE Student Checking Account is free5 for students until they’re 26 and comes with many benefits and money-saving perks they will really appreciate.”

It only takes $25 to open the account and there is no minimum monthly balance requirement6. Unlimited ATM surcharge reimbursements, as well as online and mobile banking3, mean the account works well for students attending school away from home.

Beyond banking benefits, which include rewards for everyday purchases and Early Pay with direct deposit, the RITE Student Checking Account also boasts valuable non-banking perks that both students and their parents will appreciate. These include discounts from local and national retailers*, cell phone protection1,2, roadside assistance, ID Theft Aid1,2, buyer’s protection and extended warranty1,2, a health savings card and more.

“We know today’s students have a lot of expenses and stress, so we wanted to offer them a checking account that provides the services and security they need,” said Cornerstone Bank EVP, Retail Banking, Altaf Ahmed. “For example, if they pay their cell phone bill through their RITE Student Checking Account, the phone is covered for repair or replacement up to $400 per claim1,2. It’s extras like these that can help provide peace of mind for students and parents, especially when students are leaving home for college.”

Applicants must be active students ages 16 to 25. Students who are 16 require a parent or guardian as a joint account owner. Monthly maintenance service charges are waived until the student reaches age 26, at which time a $6 monthly maintenance service charge will be assessed.

1 Cell phone protection, personal identity theft benefit, and buyer’s protection and extended warranty are subject to additional terms and conditions as detailed in the Guide to Benefits, which can be found online at  or by asking a Bank representative.


Minors (16–17) have access to view transactions, mobile deposits, and transfers within Cornerstone Bank. When the minor reaches the age of 18, they will have access to all Online Banking features.

Applicant must be an active student aged 16-25. Students the age of 16 require a parent or guardian as a joint account owner.

No monthly maintenance service charge until age 26; at the attainment of age 26, a $6 monthly maintenance service charge will be assessed.

6If account balance is $0.00 or less for 60 consecutive days, the account will be closed.

*Participating merchants on BaZing are not sponsors of the program, are subject to change without notice, may not be available in all regions, and may choose to limit deals.