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Deposit Accounts
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Deposit Accounts:

Generation Account

Money. It's a fact of life. And as a parent, one of the most important things you can do is teach your children about money. The Generation Account can help you do that.

Generation Account
 
     
Qualification Requirements1   Ages 0 – 19
     
Monthly account features & fees
Transactions included2   20
Monthly fee   No Fee
     
Fee for transactions over monthly account limit
In-branch withdrawals and tranfers   n/a
Cheques   $0.85
Electronic withdrawals   $0.50
Electronic transfers   $0.50
     
Monthly service features
Access to ATBOnline Banking service   Free
Telephone banking inquiries   20 Free then
$0.50 each
Cheque image return   Free
     
Withdrawals at non-ATB Financial automated bank machines
ARN Credit Union Network in Alberta   Free
INTERAC Network in Canada   $1.50 each
Cirrus Network outside Canada   $5.00 each

     
Generation Rates
    
Effective January 29, 2004:
0.25%


   
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Call us at 1-888-330-9282
or visit your local branch.
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Deposit Interest:

  • Interest is calculated on the daily closing balance each month-end.

1 Parent or legal guardian co-signature is required.
2Generation Account holders benefit from unlimited in-branch transactions at no fee, even after the monthly plan limit of 20 transactions is reached.

 

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