You would have to check with the banks in your area, most of them have various policies regarding minors. The most common practice for the type of account you are looking for would be that the minor must have a parent or other responsible party be a co-owner on an account; due to the fact that the account is a contract and contracts signed by minors alone are un-enforceable.

The only banks in my city are Capital City and Compass...Which Compass does not allow minors to hold checking accounts even with parent co-sign. And my mom isn't willing to open a checking account at her bank (Capital City) for me..So the next question arises..Can you make electronic transfers as a minor with a savings account?

Under 12 CFR 204.2 (Reg D):
(2) The term savings deposit also means: A deposit or account, such as an account commonly known as a passbook savings account, a statement savings account, or as a money market deposit account (MMDA), that otherwise meets the requirements of Sec. 204.2(d)(1) and from which, under the terms of the deposit contract or by practice of the depository institution, the depositor is permitted or authorized to make no more than six transfers and withdrawals, or a combination of such transfers and withdrawals, per calendar month or statement cycle (or similar period) of at least four weeks, to another account (including a transaction account) of the depositor at the same institution or to a third party by means of a preauthorized or automatic transfer, or telephonic (including data transmission) agreement, order or instruction, and no more than three of the six such transfers may be made by check, draft, debit card, or similar order made by the depositor and payable to third parties. A preauthorized transfer includes any arrangement by the depository institution to pay a third party from the account of a depositor upon written or oral instruction (including an order received through an automated clearing house (ACH)) or any arrangement by a depository institution to pay a third party from the account of the depositor at a predetermined time or on a fixed schedule. Such an account is not a transaction account by virtue of an arrangement that permits transfers for the purpose of repaying loans and associated expenses at the same depository institution (as originator or servicer) or that permits transfers of funds from this account to another account of the same depositor at the same institution or permits withdrawals (payments directly to the depositor) from the account when such transfers or withdrawals are made by mail, messenger, automated teller machine, or in person or when such withdrawals are made by telephone (via check mailed to the depositor) regardless of the number of such transfers or withdrawals.

PS-Direct deposits (credits to your account) are unlimited.

I have a similar question regarding parents opening accounts for minors. My question is when the minor can't sign the signature card, can an account still be opened as a joint account with the parent and minor. I want to open an account for my two kids (18 months and 3 weeks) and use their SSN's as the TIN's. Can this be done?

Why don't you open it as a custodial account? You can use their SSN, but you will retain control over the funds.

I've thought about opening a custodial account but I'm not sure about the restrictions for withdrawal. For example, if I need access to the funds within the next few years to help take care of my child, take him to Disneyland, buy him a bike, etc., I want to be able to make those kinds of withdrawals.

Try an UTMA account.

UTMA accounts are custodial accounts and that's what I'm trying to avoid.