Guaranty Bank & Trust Austin 78705

[Bill Shoubless]

How millennials choose their checking account ties in to what millennials want from a checking account. If you’re anything like the millennials surveyed in the First Data report, you may routinely go online with your finances top-of-mind to:

• View statements and transactions
• Set up automated, recurring payments
• Transfer money electronically to friends and family
• Analyze your spending

A good checking account should allow you to do all of these things from your computer or mobile device. You could also add earning rewards to the list of reasons millennials need a checking account.

While there might be some commonalities in what millennials want from a checking account, you also need to consider which features are most important to you personally. Easy access to no-fee ATMs may be a priority for millennials who like to have cash in their wallet at all times, for example. For others, it might be avoiding checking account fees.

“There are so many flavors and options out there that it’s essential to start with asking some simple questions about your individual preferences,” Ranta says.

Now your wallet and your bank can fit in your pocket. With mobile banking, keep up with your money on the go. Our mobile app lets you stay in control all across the globe, with access to all your accounts right at your fingertips.

Stay connected to your money with Notify Me Text Alerts

Notify Me Text Alerts are a smart way to stay connected to your money.

Life is always moving, so Guaranty Bank & Trust gives you a tool to help keep up with your money - wherever you go. With Notify Me Text Alerts, you can monitor your balances, know when a certain check clears or that you have received your payroll deposit.

Signing up is easy, just log in to Online Banking and click the "Notify Me Alerts" to get started. Click the "Help" button on any Notify Me page in online banking.

While there are reasons millennials need a checking account, it doesn’t mean they have to give up on the idea of using money management apps altogether.


How millennials choose their checking account comes down to personal preference. At the end of the day, the most important thing to consider may be how easily you can coordinate your choice of checking account with your favorite money apps to manage your financial life on the go.

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Guaranty Bank & Trust Austin 78705