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  Home >> Special Situations >> Minors  
Types of Accounts a Minor Can Open

Can a minor open a checking account in Arkansas, and if so, could you be so kind as to list a few?


We don't have access to Arkansas statutes to determine whether there is legal authority for a minor to enter a binding contract for a bank deposit account. Even if there is such authority, whether a given bank would open an account for a minor would be a matter of that bank's policy. Contact some area banks to find out what their account offerings for minors are.

Published on BankingQuestions.com 3/09/10