Bank Accounts 101

What Do I Need?

To open an account, you have to put in some money right away (the initial deposit). This can range from $25 to $100, depending on the bank.

You’ll also need to provide all or most of the following:

• A valid, government-issued ID (such as a driver’s license or passport)
• Birth date (possibly a copy of your birth certificate)
• Social Security number
• Address, phone, email
• If you are under 18, you will also need an adult to sign when you open the account

Plan on spending at least 30 minutes. The bank representative will give you information about your accounts and other bank services, and also help you set up access to your account.