Introducing the OakStar Bank Missouri Youth Checking Account!
The OakStar Bank Missouri Youth Checking Account is designed specifically for youth ages 16-17 currently in legal custody of the Missouri Children’s Division.* The Missouri legislature recently passed new laws (see Memo CD19-53) allowing 16 and 17-year-old youth in foster care to open checking accounts in their own name without the signature of a legal guardian. OakStar Bank has created an account to specifically meet the needs of these teens.
Applicants must be a Missouri resident with a valid ID and provide a CD-277 Consent Letter completed and signed by their Service Worker. To access a blank CD-277 Consent Letter, click here.
For additional information, contact OakStar Bank at 417.447.0535. For more information regarding the Financial Literacy Modules, contact Kelsey Davis (kdavis@oakstarbank.com).
*Only available to youth ages 16-17 currently in legal custody of Missouri Children's Division. Qualifications, restrictions, and limitations apply.