Opening A Bank Account
Opening a bank account can be easy, and a bank account offers a safe place to store your money. To open a bank account, you typically need proof of ID, proof of residency. Sometimes you need an social security number or tax ID number, called an ITIN. Sometimes you also need to make a deposit of a certain amount of money when you open the account. Requirements vary by bank. If you’d like to open a bank account, it is best to go in person to the bank branch near you. RIF recommends the following banks.
TD Bank
To open a bank account with TD bank, you will need the following documents:
Your passport
A secondary ID, such as a driver’s license from your home country or a NYS or NYC photo ID. Learn more about getting a NYS or NYC ID here.
Proof of residence, such as a utility bill or cell phone bill.
Capital One
To open a bank account with Capital One, you will need the following documents:
Your passport
A secondary ID, such as a driver’s license from your home country or a NYS or NYC photo ID. Learn more about getting a NYS or NYC ID here.
Proof of residence, such as a utility bill, cell phone bill, or a notarized letter from a friend that attests to where you live.
What Other Banks Accept a NYC ID As A Secondary ID?
The following banks accept a NYC ID as a secondary ID to open an account:
Melrose Credit Union
Neighborhood Trust Federal Credit Union
PNC Bank
Spring Bank
University Settlement Federal Credit Union
Urban Upbound Federal Credit Union
Lower East Side People’s Federal Credit Union