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First Student

First Student

Picture of student in library

You’re a student, but you’re not JUST a student. When it comes to accounts, a one-size-fits-all approach just doesn’t apply. After all, you’re unique and your account should reflect your individual banking needs. Our First Student account is designed with flexibility to meet the needs of students like you. For years we have been the bank of choice for students, and we’re ready to guide you on the path to financial success.


  • FREE Debit Card*
  • FREE Gold Standard Rewards™
  • FREE Online Banking & Bill Pay (Must be 18 years of Age to use Bill Pay)
  • FREE Mobile and Text Banking
  • 5 FREE Foreign ATM transactions**
  • .25% discount on personal loan rates*** with automatic payment from your First Merchants checking account
  • No Minimum balance
  • No transaction limits


  • Must provide a valid student ID. Account is available up to age 25. Once customer reaches the age of 25 the account will be converted to a First eChecking or similar account.

Minimum Opening Deposit:

  • $100

No Monthly Service Charge

Statement Options:

Maximize your benefits by pairing this checking account with our Regular Savings account. See a service associate for more details.

Other service fees may apply.

*Certain restrictions may apply.
**Foreign ATM transactions are inquiries, transfers and withdrawals at a non First Merchants ATM and do not include surcharges that may be assessed by the owner of the ATM.
***Subject to credit approval. Excludes first mortgage real estate loans and lines of credit. Offer valid for consumer purpose installment loans only. 

Ready to get started? Open an account online

Open a personal checking, savings, or CD account online in about 10 minutes, anytime you like! You’ll just need some identification documents and a way to make an opening deposit; our system will guide you through the process.