Student Checking

Key Features

  • Joint Owner required
  • A Savings and Checking Account
  • Overdraft Protection

 *Please see 'Details and Disclosures' below for important account information. 


  • No minimum balance required
  • No direct deposit required
  • Free Check Card

Keep in Mind: Joint Owner/Parent with established credit must sign the application form. Minimum opening deposit of $25.

Not yet a PenFed member? Join now to apply.

Details and Disclosures

Sign Up Instructions

  1. Ensure both the parent and student are members (family members are eligible to join!) 
  2. The student must be 18 years of age or older. 
  3. Print and fill out the following form: Student Checking Account Application 
  4. A joint owner with established credit must sign the form (the parent) 
  5. Mail or fax the form (1-800-557-7328) or deliver them to a Pentagon Federal branch 
  6. If the form were mailed or faxed, please call us at 1-800-247-5626 so that a member service representative can start your applications as quickly as possible. 

Some non-Pentagon Federal Credit Union ATM providers may levy a surcharge on your ATM transaction. Pentagon Federal Credit Union has no control over these charges.