A computerized banking system for handling dual accounts is disclosed. A bank database has transaction information for number one and two accounts. The computer is programmed to generate separate statements for at least the number two account, which first and second statements are provided to the number two account holder. The number one account holder does not have access to the first statement of transactions to maintain independence and privacy, but only to the second statement including specific fund transactions from said number one account. Communication between the account holders is provided by the computer through wireless devices, and the statements are generated in electronic form. The computerized method comprises related steps.