Are you moving to a new state where your bank has no branches? Do you want to switch banks? Do you simply want to open a new checking account? If so, you will need to know how to open such an account so you come to the bank prepared. The following steps should be followed for opening an account in just your name and a joint account for you and your spouse.
Application Materials:
No matter what type of checking account you wish to open you will need various materials to do so. Almost any credit union bank near me will require some form of identification, an opening deposit, and proof of address. Your identification will need to be valid and have your picture on it (driver’s license or passport). The proof of address typically includes a tax bill, utility bill, or deed to the property.
Apply:
It’s best to complete the application for a new checking account while you are at the bank. If you have any questions about the application you will be able to get them answered immediately by the customer service representative.
Sign Signature Card:
You will now have to sign a signature card. This puts your signature on file with the bank for things like your debit card, credit card, safety deposit box and other items. This card will also be used for the bank to verify it is you when writing a check or signing a checking withdrawal slip.
Make Deposit:
When you open a free checking account you will need to make an opening deposit. This deposit can be as low as $25 in some situations. In other situations you might have to deposit at least $100 into your new account.
Create Direct Deposit:
If your company offers direct deposit, it’s a good idea to set that up while you are still at the bank so your paychecks go right into the new account.