Opening a savings account is similar to opening a checking account. After you've compared your options for a savings account and selected the best account for you, follow these steps:
Gather the required information: date of birth, Social Security number, home address, and telephone number.
Choose a director for the account. If you are under the age of 18, you'll need a director on the account, usually a parent.
Go to the bank to sign the necessary bank forms. The director of the account must sign the forms, as well.
Fill out a deposit slip and deposit at least the minimum amount of money.
