What Do I Need to Open a Checking Account?

What do you need to open a checking account? It can vary a little from bank to bank but there are typically some fundamental necessities needed to open a checking account.

First Bank has five levels of checking accounts, each with varying conditions and capabilities. But let’s start with the basics that hold true for any checking account:

What You Need to Open a Checking Account

Identification. You will be required to show a picture ID in order to open a checking account such as a driver’s license, passport or military ID card.
Personal information. Basic information such as name, address, telephone number, date of birth and social security number.
Deposit. You’ll need a small minimum amount of money to make the initial deposit into the account.
Clean record. Before opening a new checking account, a most banks will run a consumer report of your previous banking relationships to make sure you don’t have a record of charged-off accounts or fraudulent activity. A bank will sometimes allow you to still open a new account provided you repay the charged off account.

Types of Checking Accounts

Let’s take a look at First Bank’s five personal checking account options.

Everywhere Checking. This is our most fundamental checking account.
Everywhere Plus. This option allows you to earn interest on your balance.
Everywhere Premium. Earn interest plus enjoy some additional perks such as an unlimited number of out-of-network ATM transactions with no First Bank fee.
Campus Checking. Students under the age of 25 get the benefit of a checking account free of a minimum balance requirement and monthly maintenance fees.
Senior Checking. Customers age 55 and older can be fee-free with direct deposit and get free checks.

Contact First Bank Today

Visit your local First Bank and one of our friendly associates will help you with what you need to open a checking account. Or use our Compare Accounts feature to see which checking account is right for you.

———

Sources:

Investopedia: http://www.investopedia.com/terms/m/minimum-balance.asp

Share:

Sign up for our newsletter and be the first to know about new tips, insights, and products from First Bank.

First Bank may use this email address to contact you about products, services, and promotions.

You may be interested in...

Simplifying the Home Buying Process The home buying process can be daunting, especially for first-timers. When should I start looking? How much do I need for a downpayment? Fear not! We've got you covered. 1 min read

Assortment of cleaning products and supplies on wooden floor

5 Steps to Kick off Your Spring Cleaning It may be hard to believe, but spring is just around the corner. We’re here to guide you through the spring cleaning process one step at a time. 3 min read

Planning the Right Mix for Retirement As you enter this important stage in your financial well-being, are you setup to leave the workplace one day financially empowered? 3 min read

Learn How to Be A Phishing Attack Detective With a number of people relying heavily on online services and communication for work and personal life, cybercriminals have increased their volume of attempts to acquire personal information. One of the most common ways they may try to gain access to this secure information is through phishing attacks. This causes problems for both individuals and companies when they are trying to keep information safe. What is phishing? As described by phishing.org, “Phishing is a cybercrime in which a target or targets are contacted by email, telephone or text message by someone posing as a legitimate institution to lure individuals into providing sensitive data such as personally identifiable information, banking and credit card details, and passwords. The information is then used to access important accounts and can result in identity theft and financial loss.” These attempts may look like someone posing as a coworker, asking for input, including links or attachments, among other things. Scammers attempt to gain access to user information every day, but when you know what to look for you don’t have to become a victim. Take a look at our playlist for a few tips to help you become a phishing email detective and use them in your everyday life. It is always a good idea to double check information before opening anything from unknown senders. In episode 1, you see Gil Ubble attempting to open an email from an external source. Upon further investigation, the domain name does not match and the email is not from someone at the company. Often times people are caught in these attacks because they aren’t paying close enough attention to who the email came from. If the email in question looks similar to something that provider would send, do not click on links or attachments. Instead, go directly to that company site or give them a call to make sure the information is accurate. If the email comes from someone who seems to work at your company, but you do not know the person, check to see if they actually work there. Even if the person’s email shows that they work at your company, check the email for other signs of false information. Scammers may go to extra lengths to spoof email addresses 4 min read

What Do I Need to Open a Checking Account?

Ready to talk to an expert?

What You Need to Open a Checking Account

Types of Checking Accounts

Contact First Bank Today

Ready to talk to an expert?

You may be interested in...