Chelsea U Student Banking

Ready to open your first bank account and get smarter with your money? Chelsea U Student Banking helps you learn the basics about saving, spending, setting goals, and more so you can feel confident about your future.

Big futures start with small wins!

This summer, Chelsea Groton is helping students ages 13–22 get off on the right savings foot by matching their first $25 deposit when they open a Chelsea U account – turning $25 into $50.* Chelsea U helps provide a foundation for financial independence. With online tools like mobile banking, Smartcard, and Manage My Money, students can track their spending and build strong financial habits, while the Bank team stays involved and offers support and education along the way. It’s an easy way to introduce smart money habits, encourage saving, and help your teen or young adult build confidence for the future.

Find a branch!

*This $25 bonus is limited to one per customer and is available only to new customers, ages 13-22, who open Chelsea U Student Banking accounts in Chelsea Groton branches on Fridays, July 10 – August 28, 2026. The $25 bonus will be deposited into qualifying customer accounts within one week of opening the account.

A happy group of smiling students learning about student checking through Chelsea University

Student Checking Account

Get free access to tools that make managing your money easy, smart, and stress-free:^*

Online Banking to pay bills, check balances, and view monthly statements
Mobile Banking with biometric login, mobile check deposit, Credit Score (once you turn 18), and Manage My Money tools
Debit card controls with Smart Card to track spending, set budgets, monitor for fraud, set travel notifications, and more
Connect with a local Video Banker by phone, tablet, computer or Video Banking ATM during extended hours, or use ATMs 24/7
Direct Deposit for paychecks
Contactless Visa® Debit Card that works with Mobile Wallets

*Additional terms and conditions may apply. Bill payment available to customers aged 18+. Must keep a positive balance to keep account open. If paper statements are requested, a $2 monthly fee will apply. No Chelsea Groton Bank charge for ATM withdrawals and inquiries; other Bank’s charges may apply at their ATMs.

Student Savings Account

Save for what matters to you. Whether you’re saving for a big goal or just want a backup for emergencies, Student Savings makes it easy to set money aside and watch it grow.

Educational Classes

Learn real‑life money skills for free. Our classes cover how to get started with your new account, smart money habits, and tips to help you plan for your financial future. Stick around after class for food, fun, and chances to win gift cards. You’ll team up with other students, take part in group activities, and pick up real-life money skills you can actually use!

Starting Out – New to banking? You’re in the right place! Perfect for teens just getting started, this session breaks down the basics. We’ll cover checking vs savings (and when to use each), setting goals and tracking your money, and using online and mobile banking tools like direct deposit, alert tools, and more to help you feel confident with your new account.

Financial Foundations – Big decisions start with smart money moves. (Ages 16+) The choices you make today can shape your future. This deeper‑dive session helps you prepare for what’s next by learning how to create and stick to a budget, protect your identity and credit in a digital world, and save smart so you’re ready for bigger purchases down the road. You’ll gain the tools and confidence to make smart financial decisions, now and in the future.

Visit our event calendar to view and register for upcoming classes.

Ready to get started?

Pop into your local Chelsea Groton Bank branch or connect with us through ChelseaLIVE Video Banking and we’ll help you open an account. We can’t wait to learn, grow, and share together!

High School Scholarship Program

Seniors looking to attend college after graduating are encouraged to apply for a Chelsea Groton Foundation Scholarship. Visit your school guidance office for the application and details.