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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. Designed in two tiers (0–12 years of
age and 13–19 years of age), the Generation Account grows and changes—just
like your child.
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| Qualification Requirements1 |
Ages 0 – 12 |
Ages 13 – 19 |
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| Monthly account features & fees |
| Transactions included2 |
Unlimited |
20 |
| Monthly fee |
No Fee |
No Fee |
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| Fee for transactions over monthly account limit |
| In-branch withdrawals and tranfers |
n/a |
n/a |
| Cheques |
Not Available |
$0.85 |
| Electronic withdrawals |
n/a |
$0.50 |
| Electronic transfers |
n/a |
$0.50 |
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| Monthly service features |
| Access to ATBOnline Banking service |
Free |
Free |
| Telephone banking inquiries |
20 Free then
$0.50 each |
20 Free then
$0.50 each |
| Interest |
0.25% |
0.25% |
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| Withdrawals at non-ATB Financial automated bank machines |
| ARN Credit Union Network in Alberta |
Free |
Free |
| INTERAC Network in Canada |
$1.50 each |
$1.50 each |
| Cirrus Network outside Canada |
$3.00 each |
$3.00 each |
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Ready to Open
Your Account Today?
Call us at 1-888-330-9282
or visit your local branch.
Branch Locator |
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1 Parent or legal guardian co-signature is required.
2 Generation Account holders benefit from unlimited in-branch transactions. The limits for account
holders age 13-19 only apply to cheques and electronic transactions. |
