Data Overview Report

How Parents Help Children Open A Bank Account: A Shared Finance Journey Overview

 and  three contributors
Jan 28, 2026

Summary

US online adults want to use digital tools to stay involved in and support their children’s financial journeys. Financial institutions have an opportunity to meet these expectations by developing tools that support shared account management, real-time monitoring, and secure interactions. This report provides CX and digital leaders with insights into the consumer journey of helping a child open their first financial account and how financial institutions can better support the process of doing so.

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