What Do You Need To Open A Bank Account? (2024)

When opening a bank account, typically documentation and proof of identity are needed to get the application and review process started.

First, you will need to select a bank, which can seem intimidating given the number of options out there.

Second, whether you apply online or in person, you will need to provide documentation to confirm your identity (see Acceptable Forms of ID for Banks below). And third, you may be required to make an initial deposit into the bank account depending on the requirements of the bank and that specific account (see Requirements to Open a Bank Account below).

With a parent or guardian co-signer or joint account holder, minors and teenagers can also have access to a Huntington checking or savings account. Be sure to check with your financial institution to verify the documentation that will be needed to open an account. Additional documentation may be required if you’re looking to open a business account or certain types of investment accounts.

Acceptable Forms of ID for Banks

Most banks request two forms of government issued ID. Financial institutions that require two forms of ID may want at least one of the IDs to be a photo ID. This can include photos on a Passport or Driver’s license.

Generally, the phrase “government issued ID” covers the following types of ID:

• Driver’s license
• REAL ID card
• DoD ID card (also known as Department of Defense ID Card)
• Passport/Passport card
• Social security card

If you don’t have two of these documents, contact your bank and ask them what you need. There may be alternatives.

Requirements to Open a Bank Account

In addition to having two forms of ID and money for the initial deposit, there may be other requirements to open a bank account.

• If you’re worried about your credit score, ask the bank whether or not they will pull your credit history to open a checking account. This can vary from bank to bank.
• If you’re under 18 years old, you will need a parent or guardian over 18 to open the account with you.
• If you’re a parent and want to open a bank account for your child or teenager, your qualifications may need to be approved to open the account. You should be aware that banks may review your prior banking history, looking for overdrawn accounts, fraud, and other behaviors that indicate negative financial history^†.
• If you’re opening a joint account, you will need to provide documentation to confirm the identity of each person listed as an account holder and a signature from each of them. It’s best to get everybody together in one place to complete the application.

Every bank has different application requirements to open an account. As a tip, it’s important to monitor your credit score, pay your bills on time, and not overextend your or your family’s budget to help maintain healthy finances.

How Much Money Do You Need to Open a Bank Account?

The simple answer: it can vary from bank to bank. It can also depend on the bank account type.

At Huntington, all three of our checking accounts have no minimum deposit required to open. However, in two of our checking accounts, you will need to keep a certain balance threshold to avoid maintenance fees and to become eligible to receive more competitive rates.

Savings and investment accounts have different application and balance requirements. To learn more, check out our different types of savings accounts to get specific information. Huntington offers a variety of accounts to help everyone reach their financial goals.

If you open an account with Huntington, you can take advantage of The Hub, our digital banking tools that can help you manage your finances.

Open a Huntington Checking Account

If you want a basic checking account with no monthly maintenance fee, or an interest-earning checking account, we've got the options that are right for you.

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