How To Open A Bank Account Whether you are taking on your first
job or moving to a new location, it is important to know how to
open a bank account. A bank account helps you establish your
credit, pay bills and save money. Regardless of the type of bank
account you open—checking, savings or money market—there are
certain procedures that need to be followed. You will need: - An
opening deposit (different banking institutions require
different amounts for each type of account) - Personal
information (including an address, date of birth and social
security number) - Choose a financial institution. Find one
conveniently located in your area. This will make opening a bank
account easy. Different banks have different benefits, so take
some time to figure out which one will work best for you. Also,
you may want to speak with someone in the human resources
department at work to see if your company offers direct deposit.
- Have enough cash or a check for an opening deposit. Once you
know the bank you want to use and t