Teachers *  About LFK * LFK en Espanol * Search LFK:   
Arizona
LFK Home Speak Up! Stories Toons Laws Justice for All Law Docs Change It! Games Links
Search Questions
 Speak Up! Topics
  Arrested (61)
  Banking (5)
  Bullying (6)
  Contracts (5)
  Credit (4)
  Curfew (44)
  Drinking (25)
  Driving (187)
  Emancipation (67)
  Family (219)
  Guns and Weapons (23)
  Housing (17)
  Illegal Substances (91)
  Jury Duty (15)
  Marriage (16)
  New Laws (15)
  Other (378)
  School (118)
  Sexual Assault and Misconduct (31)
  Trouble (34)
  Vandalism and Property Damage (8)
  Violence (87)
  Voting (6)
  When You Turn 18 (107)
  Work and Employment (24)

Latest Questions
  • Is it illegal to download foreign items that is not licensed in United States?

  • I have a questions for you. Since i'm emancipated do I still have to have my parent sign for me to get a tatoo in arizona. And if not would i have to bring the emancipation papers with me to get a tatoo.thanx for answering all my questions.

  • how many people can i have in my car,and what is the curfew in goodyear,az

  • what is the cerfew for pinetop-lakeside, az?

  • Can I get emancipated if I'm only 15, if I'm pregnant, and still going to school? And can I live with my boyfriend which he has a job and will prvied everything needed for me and my baby.

  • Search Dictionary

    Tell a friend about this page!
    Type a friend’s email address into the box below, then hit ‘send.

    Speak Up! - View Question #21044


    printer friendly version

    Question: How old do you have to be in Arizona to have your own bank account?

    Answer:

    Normally you have to be 18 years old to open bank accounts, enter into contracts or own property. However, in Arizona there are some exceptions. First, some banks offer checking accounts to students aged 16 and 17 on their own. And most banks will allow any minor under the age of 18 to open a savings account on their own as well, with very low fees and minimum balance requirements to help young people to get started saving money at an early age.


    Comments
    1 thru 3 of 3 comments    [ 1 ]   
    On 07/17/08
    Georgi from AZ said:
    if you're under 16, what you can do in Arizona is, get and AZUTMA (Arizona Uniform to Minors Account)It's basically an account with your name on it with a parent or guardian as a trustee for it. So, yes you can have an account. My son has had one since he was about a year old. it gains interest just like a savings account. Money is easily transferred between accounts in the same bank. When you turn 18, the account can be switched to your name only or may have to be switched to a new account.
    On 09/27/07
    kiara from MI said:
    i believe as long as you have a little bit of money here and there and you want o start planning for your future by savung you should there should be no age limit on saving moneyh in a mank
    On 10/12/06
    marissa from AZ said:
    well i think thats dum well because my friends live in pheonix and i do to zmd they have a bank account and there only 11 and they went to the bank say anything about the age for 16 or 17 or 18 so see there i prove u wrong just kidding
    1 thru 3 of 3 comments    [ 1 ]   



    Read more about the law and Other and Banking
    Related Stories
    Related Laws
    LFK Home   |   Speak Up!   |   Stories   |   Toons   |   Laws   |   Justice for All   |   Law Docs   |   Change It!   |   Games   |   Links
    Disclaimer: The information contained in this site is made available as a public service to the general public and is not intended to serve as legal advice. You should consult a trained legal professional for questions you may have about the laws affecting juveniles or any legal interpretations.

    Send Feedback regarding website content or to report bugs.
    Copyright © 1998 - 2018. Arizona Foundation for Legal Services & Education, All rights reserved

    Privacy Policy  |  Terms of use  |  Disclaimer  |  Contact Us