First Columbia Bank Lifestage Strategies


While you may still rely on financial help from your parents or other family members, it’s never too early to start practicing good money-management habits. Thoughtful and careful financial planning now will serve you well in the future.

How can you start on the path to sound money management?


1. Become a saver

Getting in the habit of saving money as a teenager is an excellent habit that will help you become a good money manager for the rest of your life. Whether you have a part time job, or have an accumulation of birthday, holiday or graduation money gifts; saving all or some of that money is key. Set goals for your money and start saving NOW. If you have no immediate goals, your goal can be to have a “money cushion” for when that important need for cash occurs.

First Columbia Bank offers saving accounts for teenagers and young adults who are just getting started:

  • Youth Savings Account – A savings account for those under the age of 18.  There is no minimum deposit required to open an account and no minimum monthly balance requirement. Click here for more information.*
  • Statement Savings Account – A savings account for those 18 and older that can grow with you as your life and financial circumstances change. Click here for more information.

    * A parent is required to be on this account. When you are 18, you may open a savings account on your own.

Open a Checking Account – With your first checking account, whether you use a debit card or paper checks, you’ll have the opportunity to establish a budget, pay bills and track your spending habits. Maintaining a balanced checkbook will put you on the road to establishing a good credit reputation. 

  • Free&Easy Checking Account- A free checking account with no minimum balance requirement. Click here for more information.*

    * A Free & Easy Checking Account can only be opened by those age 15 and older. A parent is required to be on the account for ages 15-17.
2. Plan in advance for college

It’s never too early for students and their families to identify and earmark the financial resources they have available to fund a college education—whether from savings, loans, grants, scholarships or work income. Here are some resources to help you and your parents plan how you will finance a higher education:

  • College Savings Plans – First Columbia Financial Services offers tax advantaged 529 college savings plan to help fund the cost of a higher education. Click here to learn more about how we can help you get started.  
  • Consumer and Home Equity Loans – First Columbia Bank offers personal and home equity loans that are sometimes used to offset the cost higher education. Click here for our loan services.
  • Federal Financial Aid for Higher Education (FAFSA) – All college applicants and their parents or guardians should become familiar with the most recent FAFSA guidelines and deadlines. Information can be found at Applications for federal student aid may also be available from your high school counselors, public library, or college financial aid office.


Solid footing begins at home with your hometown bank

You’re just getting started. Whether your plan is to stay close to home or head out of town, make your first stop First Columbia Bank.

We’re the bank that knows you—and your family. As this area’s community bank for more than 115 years, you can trust we will find financial solutions that fit your life and your circumstances.

We’re the bank that is there for you...whenever you need us. With telephone and online banking and mobile deposit, you can access your account anytime and from anywhere, and even deposit checks right from your phone with our FirstLink mobile banking app.

We're the bank that travels with you... wherever your journey takes you.  First Columbia debit card holders have FEE FREE access to over 55,000 ATMs nation wide in retail location where you shop.

Learn more about your bank


Tips for getting started—on the right financial footing

  • Set a savings goal and keep track of your progress.
  • If you have a job, don’t spend everything you make.
  • Record ALL your transactions daily for your checking and savings accounts, whether they are made with debit or credit cards or paper checks and deposit slips.
  • Know your account details such as overdraft charges, interest rates, withdrawal restrictions, and minimum balances.

Financial Calculators for Teen and College Age

Our calculators can help you determine what you need to achieve your goals and stay on budget.

College Savings Calculator Lunch Saver Calculator

For help determining the best accounts and products for sound and productive money management while you are a student, please contact us at 570.784.1660  or email us.