It is not practical, safe or wise to keep or carry large sums of money. It provides a record of payments made for goods and services. Your savings account holds the money you want to save. It is only withdrawn in emergencies. If you have both accounts at the same bank you can usually transfer money between the two accounts.
Many banks offer students free accounts.
Call or go in person to talk to someone in their Customer Service Department to find out which bank has the services you need. Some teller machines have a service charge. If you use an ATM from another bank to get to your money, there typically is a large service charge from your bank and the other bank. Unless it is an emergency, only use an ATM associated with your bank. There is an ATM from Nations Bank on the Parking Lot B side of the Student Center near the Bookstore.