What are the requirements for opening a checking account?
Asked 2 years ago
To open a checking account with Stanford Federal Credit Union, certain general requirements must typically be met. These requirements generally include being at least eighteen years old, although individuals under that age may require a parent or guardian to co-sign. Applicants need to provide valid identification, which can include a government-issued photo ID such as a driver's license or passport. Additionally, proof of address, commonly in the form of a utility bill or lease agreement, may be necessary.
In many cases, Stanford Federal Credit Union may require applicants to provide their Social Security number or taxpayer identification number. Applicants also need to fund the new account with a minimum deposit, which can vary depending on the specific type of checking account being opened.
It is advisable for potential account holders to check the current web page for any updates or specific terms regarding the checking account options available and any associated fees. By doing this, one can ensure they are well-informed before initiating the application process.
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