Get off to a smart start with LUSO student checking.
Smart Start Share Draft Checking
The name says it all. Smart Start Share Draft Checking is a smart start for middle, high school and college students.1
As of 8/22/2026
| Smart Start Share Draft Checking | |
|---|---|
| Right for you are | a high school or college student looking for a primary checking account3 |
| Minimum Tier | $250.00 |
| Maximum Tier | N/A |
| Dividend Rate | N/A |
| APY1 | N/A |
1Statement Share (Savings) Account required to establish membership. APY: Annual Percentage Yield/Fees may reduce earnings on the account.
2Requires free eStatement processing and free Debit Card through SUM Program with REWARDS Score Card.
3Unlimited ATM Fees Waived while an active student with a parent or legal guardian as a co-signer or college student up to age 24; upon reaching the age limit of 24, the account will automatically convert to a “Rewards” Share Draft Checking account.
1Statement Share Account required to establish membership. Member MUST be in middle or high school with parent/guardian as co-signer or in college and under the age of 24 to qualify.
2Unlimited ATM fees waived while an active high school student with parent/guardian as co-signer or college student up to age 24. Account automatically converts to a Rewards Share Draft Checking Account when account holder reaches age 24.
How Checking Accounts Work
First, the why: Checking accounts give you a safe place to deposit your payroll, personal checks, and monetary gifts. They also let you make secure money transfers between accounts or using the payment app to pay family and friends directly.
Now, the how: Choose a low-minimum, fee-free basic account to start. You can switch to an interest-bearing checking account as your income grows.
Keep in mind: If you’re working and earning a regular paycheck, set up direct deposit and paperless statements for added convenience and savings.
How to get started: It’s easy. Just set aside a small amount of money to deposit and pull together the following documentation:
Buying your first car? Drive away happy with a Smart Start Auto/Truck loan from LUSO Federal Credit Union.
