Taking a step up
National Exchange Bank account aids young adults
“Step-Up Checking is perfect for me,” said Olivia Graham, a sophomore at St. Norbert College in De Pere.

The National Exchange Bank Step-Up Checking account is a step towards financial independence for young adults; with this account young adults are rewarded for making good financial choices.

“Step-Up Checking is perfect for me,” said Olivia Graham, a sophomore at St. Norbert College in De Pere. Graham heard of the new product in development last summer when she was asked to be a part of the test group. Prior to the product’s release in October, Graham enrolled and provided bank decision makers with her feedback. “I was especially excited about the ATM Fee Refunds. When I am away at school, it’s super convenient for me to use any ATM I come across, and I get e-mail notifications sent directly to my phone, so I know when I meet the qualifications.”

With Step-Up Checking, young adults under age 26 earn ATM fee refunds and interest bonuses for meeting certain qualifications. To qualify for rewards, account holders need to enroll in eStatements for all their accounts and then follow one of two paths—maintain a balance of $200 in a combination of accounts of go electronic by having a direct deposit or Remote Check Deposit of more than $25, using their debit card four or more times and limiting checks to less than three in a month.

“Meeting the qualifications has not been an issue for me,” Graham said. “Enrolling in eStatements meant I no longer had to deal with the paper statement that contained information I was already reviewing online.”

Step-Up Checking customers can track their qualification progress and their rewards in Exchange OnLine, Internet Banking, which inspires young people to start a healthy habit of monitoring their finances. “It’s exciting to see the rewards I’ve earned and I remember to look at my accounts on a regular basis now,” she said.

Statistics show that teens with a checking account are better prepared to handle their finances than ones with access to plastic. To learn more, visit National Exchange Bank & Trust at www.nebat.comor stop in any of the 27 offices throughout southeast Wisconsin. National Exchange Bank & Trust is a locally owned, independent bank.