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FSB introduces new Student Checking

January 22, 2020


Account includes tuition assistance, $50 cash incentive, no minimum balance requirement, and other cool benefits.

Franklin Savings Bank recently introduced a new Student Checking account for teenagers and young adults between the ages of 13-22. The account offers tuition assistance of up to $550 over a four-year period, $50 cash incentive upon enrollment in e-Statements, access to over 55,000 surcharge-free ATMs, Instant Issue Visa® debit card, mobile wallet, mobile banking, FSB Alerts to manage account activity, and more. The Student Checking account is further complemented with a $1,000 lender credit towards the purchase of a first home located in New Hampshire financed by the bank, along with a rate reduction on a used automobile loan for a student’s first car.

“We developed this unique checking account exclusively for teenagers with plenty of features to make it easy for them to continue banking with us should they decide to go away to pursue higher educational opportunities,” commented Joe Thornton, SVP, Retail Banking Officer. “In addition, we added some attractive benefits, such as tuition assistance, along with a credit towards closing costs on the purchase of a first home in New Hampshire financed by the bank.”

There is no balance requirement, overdraft or returned items fees with FSB’s new Student Checking account. Other cool account features include direct deposit, online banking and Bill Pay, CardValet app to manage debit card activity, 24/7 debit card fraud monitoring, Identity Theft Resolution Services, complimentary financial planning seminars and investment counseling. The Student Checking account is fully protected by the FDIC up to the insurable limit. For additional details, visit

Established in 1869, Franklin Savings Bank is an independent, mutually-owned community bank, offering a full array of commercial lending, personal banking and investment services throughout the Central Lakes Region and southern New Hampshire. Headquartered in Franklin, the Bank has offices in Bristol, Boscawen, Tilton, Gilford, Merrimack and Goffstown, as well as an office in Bedford for business lending. The Bank also offers investment, insurance and financial planning services through its wholly-owned subsidiary, Independence Financial Advisors. As a recognized leader in providing the latest in financial services technology, Franklin Savings Bank remains committed to serving the needs of businesses, families and the communities it serves, through a dedicated team of employees, a diverse line of financial products and services, and continued investment in emerging technology.

Since 2009, Franklin Savings Bank has donated over 11% of its net income to charity. Visit to learn more or follow the bank on Facebook, LinkedIn, Twitter and YouTube.


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