Student Banking

Financial responsibility starts here.

One of the significant things parents can do to prepare their children for the future is teaching them good money management skills. That’s why we offer Squad Student Banking®; so they can learn to make wise choices even before they launch into the real world.

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Bank freely

  • Unlimited check writing and debit card transactions
  • Unlimited deposits and withdrawals
  • Free welcome package of 20 checks (free first order only)
  • Free eStatements (online statement required)
  • Overdraft protection available

This account is available for students under the age of 25.

Some miscellaneous service fees such as dormant, non-sufficient funds, and ATM transaction fees may apply.

Streamline your on-the-go

Download the Squad myTrustmark app to deposit checks by photo, check your balance, transfer money and more. You can even select a Squad theme for your app in the Settings. Learn more about changing your theme and see other frequently asked questions below.

Need help? Here's a list of our Frequently Asked Questions

What makes Squad Student Banking different from a regular Trustmark account?

Squad has no minimum balance requirement and no monthly service charge. Which is just a fancy way to say it’s free. You also have to be 24 or younger to use it. Those are the major differences, but compare Squad Student Banking with our other personal checking accounts.

Can I make as many deposits and withdrawals as I want?

Go for it. You can make unlimited deposits and withdrawals with your Squad account. As long as you have money in your account, you can use an ATM or one of our branches to make a withdrawal. You’re welcome.

How can I deposit money quickly?

A very important question, indeed. You can deposit checks with Mobile Deposit on your Squad mobile banking app, which is super convenient. Or, just stop by any of our branches.

How can I withdraw money quickly?

We make it super easy to get your hands on your cash. You can withdraw money at any of our branch locations or one of our conveniently located ATMs.

Are there any fees I should know about?

Some service fees may apply, such as fees for non-sufficient funds. You might get charged for using another bank's ATM, too. The biggest thing to look out for is an overdraft fee for spending money you don't have. Thankfully, we offer free low balance alerts, so you can avoid them. Simply switch on low balance alerts in the app.

What if I need to ask something else later?

Contact your local branch or call us at 1.800.243.2524 to get your questions answered. Find a location near you.

Do I need my parent or legal guardian on the account?

Some restrictions may apply, but as long as you’re 16, you don’t need a parent or legal guardian on your account.

How do I open an account?

Easy. You can get started online. Then, simply stop by a Trustmark branch to finish the process. You can find the nearest location here. It’ll only take about 15 minutes, and here’s what you need to bring with you:

  • Driver's license
  • U.S. Social Security Number
  • $50 (cash or check) to deposit and open your account
How do I get my debit card?

Glad you asked. You'll get it in the mail soon after opening your account.

How can I personalize my debit card?

You can personalize your first debit card for free, and after that it's only five bucks to personalize one. All you have to do is upload your favorite image or select a design from our gallery, and your new card will arrive in about 5 to 7 business days. Start Personalizing.

What if I lose my debit card?

No problem. Just click here and order a new debit card. You should also cancel the card you lost to be on the safe side.

What happens to my account after I turn 25?

You will receive a letter of notification in the mail prior to your 25th birthday as a reminder that your account will be automatically converted to our Smart Choice Banking account, which is still really cool.

Can I give the app a Squad theme?

You bet. Once you’ve opened your account and downloaded the myTrustmark app, just follow these simple steps:

  • Login to myTrustmark
  • Select Settings in the main menu.
  • Select “theme” from the drop-down menu, then select “Squad” and start banking freely.