[Lelola]

It's standard to require parents to be on the account with minors. The issue is when kids overdraw their account, they can hold the parents' responsible. What you should do is to open a new account. As for the CD, I think you should talk to your mom.

I would also see if you can transfer your money over to a new account from the checking.

CDs are basically accounts where you usually get a higher interest rate for keeping the money in the account for X amount of years with steep penalty fees if you withdrawal from them. The CDs are usually useful for longer period of times in a CD ladder, but the return rates are crappy right now. Like you have 1,500 spread out around 3 accounts with one expiring in 3 years, one in 6, and one in 9. When one comes due, you renew for another 9 years so every 3 years, one account comes due. That's just an example. I think I was going to do one in 2, 4, and 6 but the returns suck.