 TITLE: How to Get a Checking Account CONTENT: What You Will Need to Open a Checking Account\n---------------------------------------------\nBefore you open your account, make sure you have the necessary documents and information on hand. Here are the main items you'll need:\n*   **Proof of identification.** To open your own checking account, you need to be over 18 and have a current government-issued photo ID such as a driver's license, passport, state ID or military ID. If you're opening a joint account, the other person will also need to provide a form of ID. Prospective customers also need to be legal U.S. residents, providing their Social Security number or Taxpayer Identification Number as proof.\n*   **Proof of your current address.** This could be a lease, mortgage statement or utility bill.\n*   **Cash for the initial deposit.** Banks and credit unions usually require an initial deposit to open a checking account; the minimum amount required varies by bank.\nThough banks and credit unions don't check your credit score when opening an account, they will sometimes run your ChexSystems report. A ChexSystems report is a like a credit report for banks, displaying previous banking problems such as negative balances, frequent overdraft fees, bounced checks and fraud. It's rare to be denied a checking account, but most rejections happen because of poor marks on your ChexSystems report.\nBefore opening a checking account, research which bank and what type of account is best for you. Some banks charge monthly maintenance fees if you don't reach their minimum balance or have regular direct deposits, often up to $15. Others have a small ATM network and charge fees when you use an out-of-network ATM. Some checking accounts offer interest, while others don't.\nIf you need to go to a branch to make deposits on a regular basis, choose a bank with locations near you or that allow free cash deposits at ATMs. Some people prefer a large national bank, especially if they move frequently, travel a lot or hope to use their bank for a variety of financial products. Others want a local credit union because of their low fees and personalized customer service.\nAsk your employer if they have ties to any bank or credit union. If you work for the government, you may be eligible for a special credit union that has lower fees and higher interest rates. END