Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > U.S. Forums > Indiana > Indianapolis
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 10-12-2013, 12:40 PM
 
95 posts, read 227,989 times
Reputation: 34

Advertisements

Hello all.

I have twin nieces that are 15 years old and I'm looking to open up a savings account for them. I'm with Ally Bank, which is totally online. At some point they are going to get jobs. Hopefully It'll be one with direct deposit, so Ally wouldn't be a problem there. However, if it's a job that's primarily tips then they are going to need a brick and mortar bank. As of now, they have money they have been saving up and I want them to put it in a bank account.

Notice I said bank and not credit union. Problem is...I don't live in Indiana anymore. I moved to North Carolina last year. When I lived in Indianapolis I was at the Finance Center Federal Credit Union. But you have to be a resident of Indianapolis to be member there. At 15 I believe they are too young to open up their own account. I do not trust their parents (my brother) and grandparents enough for them to open a joint account.

I know there are Chase banks there but I have had bad experiences with them. Who do you all recommend?
Reply With Quote Quick reply to this message

 
Old 10-12-2013, 12:43 PM
 
3,404 posts, read 3,448,351 times
Reputation: 1684
Huntington bank.
Reply With Quote Quick reply to this message
 
Old 10-12-2013, 02:24 PM
 
Location: Florida & Arizona
5,975 posts, read 7,365,693 times
Reputation: 7591
First Bank & Trust? Merchants? Indiana National?

<grin>

Just having a banking flashback. My Dad was an executive VP at Merchants years ago. He even had one of the green briefcases. Remember the frog?


RM
Reply With Quote Quick reply to this message
 
Old 10-13-2013, 04:10 PM
 
Location: Englewood, Near Eastside Indy
8,977 posts, read 17,277,221 times
Reputation: 7372
I recommend ditching banks for a credit union.
Reply With Quote Quick reply to this message
 
Old 10-13-2013, 05:18 PM
 
Location: Fishers, IN
6,485 posts, read 12,529,588 times
Reputation: 4126
Quote:
Originally Posted by Toxic Toast View Post
I recommend ditching banks for a credit union.
The OP seems to desire that both he and his nieces be able to access the accounts, and they reside in different states. Your "advice" isn't vey helpful.
Reply With Quote Quick reply to this message
 
Old 10-13-2013, 06:41 PM
 
Location: Englewood, Near Eastside Indy
8,977 posts, read 17,277,221 times
Reputation: 7372
Quote:
Originally Posted by grmasterb View Post
The OP seems to desire that both he and his nieces be able to access the accounts, and they reside in different states. Your "advice" isn't vey helpful.
Well; you're a banker. School her on what she should do. I've never had a problem accessing my out of state credit union account. Tell me what I am doing wrong.
Reply With Quote Quick reply to this message
 
Old 10-13-2013, 06:55 PM
 
Location: Fishers, IN
6,485 posts, read 12,529,588 times
Reputation: 4126
Quote:
Originally Posted by Toxic Toast View Post
Well; you're a banker. School her on what she should do. I've never had a problem accessing my out of state credit union account. Tell me what I am doing wrong.
The OP indicated they desire access to a physical branch in both states. A community charter credit union cannot offer that. They should look to see if there are any banks that offer physical branches in both markets.
Reply With Quote Quick reply to this message
 
Old 10-13-2013, 07:10 PM
 
Location: Englewood, Near Eastside Indy
8,977 posts, read 17,277,221 times
Reputation: 7372
Quote:
Originally Posted by grmasterb View Post
The OP indicated they desire access to a physical branch in both states. A community charter credit union cannot offer that.
The CO-OP Shared Branch network lets you use any participating credit union location as your own.
Reply With Quote Quick reply to this message
 
Old 10-14-2013, 03:31 AM
 
95 posts, read 227,989 times
Reputation: 34
grmasterb is right...credit unions are localized. However, the bank that they join doesn't have to be in both states. Most banks these days have online banking. I'm just looking for one that I can join and have a joint account with them that has a physical location in Indianapolis that they can access.

I was seeking opinions of folks on this board who has a joint account with their kid.

I think I have found a winner though. Old National Bank. They have a location not too far from where they live (bike riding distance). They even have sections for kids and students: https://www.oldnational.com/personal...rt-savings.asp

https://www.oldnational.com/personal...ices/index.asp
Reply With Quote Quick reply to this message
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Reply
Please update this thread with any new information or opinions. This open thread is still read by thousands of people, so we encourage all additional points of view.

Quick Reply
Message:


Settings
X
Data:
Loading data...
Based on 2000-2020 data
Loading data...

123
Hide US histogram


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > U.S. Forums > Indiana > Indianapolis
Similar Threads

All times are GMT -6. The time now is 04:28 AM.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top