Student Checking Program

To be eligible for the Student Program, you must be enrolled in high school or college, be between the ages of 14-26, and show a student ID issued by the school or college. A WaterStone Bank (WSB) Essential checking account is also required to participate in the program. If you are under the age of 18, a parent or guardian will need to be a joint owner on the account. E-Statements will be required for the account. Only one WSB program can be tied to an account. Student Program is subject to change without notice. No-fee Overdraft Protection benefit requires an additional WSB deposit account owned by the Student Program member with funds sufficient to cover the overdraft items. Fees that are assessed to your checking account for withdrawing funds at an ATM with your WSB Debit Card are limited to 8 ATM fee reimbursements per statement cycle* and will be refunded to your WSB checking account within the next business day. Free WSB checks will be provided. Benefit does not include reimbursement of other check designs you previously purchased or plan to purchase. Fees are subject to change at any time. Children of WSB employees are eligible to participate in the Student Program. WSB employees, agents of WSB and affiliates are not eligible. ^Checking Offer effective 10/1/2024. Bonus offers require a new WaterStone Bank (WSB) Essential Checking account to be open and active for the entire statement cycle* to qualify for that statement cycle’s* bonus. Essential Checking account does not pay interest, requires $100.00 minimum balance to open, and must be open and active for 180 calendar days or a $30.00 closing fee may be assessed at account closing. Offers apply to new Student Program checking account customers only, are redeemable at any branch location, and cannot be combined with other offers. Offers do not apply to individuals that closed a WSB checking account within the past 180 calendar days. A $100.00 payback fee will be imposed if the checking account is closed within 180 calendar days of account opening. Fees may reduce earnings. $100.00 Automatic Deposit bonus offer requires a $250.00 minimum recurring automatic deposit of payroll or government benefits to be received within 60 calendar days of account opening and will be credited to the checking account on the first statement cycle after the direct deposit is received. $100.00 Checking Account Anniversary bonus offer requires the checking account to be open and active for one (1) year and will be credited to the checking account within 30 calendar days after the account has been open and active for one (1) year.