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Checking Account and Savings Account Chart

The document compares checking and savings account options from Regions, Wells Fargo, and LGE. For checking accounts, Regions offers an account for students under 25 with no monthly or overdraft fees, Wells Fargo has a student checking account for those aged 17-24 with a $10 monthly fee, and LGE has an account for ages 16-17 with 2% APY on balances up to $25,000 and refunds on non-LGE ATM transactions. For savings accounts, Wells Fargo and Regions both offer savings for minors with no monthly fees and no minimum balance requirements, while LGE offers a young savers account for those under 18 with no fees or minimums.

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Michelle Stubbs
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0% found this document useful (0 votes)
120 views2 pages

Checking Account and Savings Account Chart

The document compares checking and savings account options from Regions, Wells Fargo, and LGE. For checking accounts, Regions offers an account for students under 25 with no monthly or overdraft fees, Wells Fargo has a student checking account for those aged 17-24 with a $10 monthly fee, and LGE has an account for ages 16-17 with 2% APY on balances up to $25,000 and refunds on non-LGE ATM transactions. For savings accounts, Wells Fargo and Regions both offer savings for minors with no monthly fees and no minimum balance requirements, while LGE offers a young savers account for those under 18 with no fees or minimums.

Uploaded by

Michelle Stubbs
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Checking Account Regions Wells Fargo LGE

Account Name Checking Account for Student Checking Checking


Students
Description age 25 or younger and Designed for students Ages 16 and 17 can
interested in the benefits ages 17-24 add checking if they
of LifeGreen Checking have a government
without a monthly fee issued ID
Initial Deposit/ Opening $25 $25 $5
Deposit
Interest Rates/ APY none none 2.00% APY on
balances up to
$25,000
How Money is Insured Insured with FDIC insured with FDIC Federally insured

Service Charges/ none $10 none


Account Maintenance
Fees
Transaction Limitations Unlimited check writing $1,500 minimum daily Unlimited Non-LGE
balance ATM refunds with 15
or more card
transactions
Withdraw Penalties/ none none none
Over- Limit Withdrawals
Special Features Earn cash back rewards Offers alerts to avoid Mobile wallets
overdraft fees available
Number of ATMs 1,900 13,000 NA
Savings Account Wells Fargo Regions LGE

Account Name Savings Accounts Savings for Minors Young Savers

Description Great way to save Savings account for For kids under the age of
automatically and build customers who are 18 or 18
savings younger that has no
monthly fee and no
minimum balance
requirements.

Initial Deposit/ Opening $25 $5 none


Deposit
Interest Rates 0.01% 0.01% Interest compounded daily

How Money is Insured FDIC insured FDIC Insured Insured when you have
over $250k
Service Charges $5 none None

Transaction Limitations $300 minimum daily none None


balance
Withdrawal Penalties/ none $3 per withdrawal None
Over limit Withdrawals
Special Features Save As You Go Transfers No monthly fee and no Can access account
minimum balance through phone
requirements
Number of ATMs 13,000 1,900 2,400

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