• Security.  Deposit insurance and secure computer systems are a must.
• Access.  What do you need in the way of branches, ATMs, and on-line banking?
• Services.  What do you need in the way of multiple accounts, bill paying, cashier’s checks/money orders and transfers, loan options, and customer service?

• Fees vary widely.  A checking account that meets your needs could be free at one bank and cost $10 a month at another.  Bounced checks could cost $10 at one bank and $35 at another.  These differences add up.  So know your needs and habits, and their cost at different banks.
• Interest rates also vary, though much less than fees.  If you plan to deposit a lot or borrow a lot at this particular bank, these differences can also be quite significant.

You can print out and use the worksheet below to help identify your needs and the best way to meet them.

• Your drivers license or government ID.
• Your Social Security card or other proof of your Social Security number.
• A utility bill or lease that was sent to your home address.
• A check, cash, or money order for an initial deposit.

To open an account on-line, go to the online bank of your choice and follow their directions!

Print out this How-To and put  reminders in your calendar to help you move from How-To to Done!