What are the requirements for opening an account?

Asked 2 years ago
When considering the requirements for opening an account with Applied Bank, a user should be prepared to provide several key pieces of information. Generally, individuals need to be at least eighteen years old and possess a valid government-issued identification document, such as a driver's license or passport. It is also essential to provide proof of residency, which may include utility bills or lease agreements that display the current address. Furthermore, applicants will typically need to offer their Social Security number, as this is used for identification purposes and is a standard requirement in the banking industry. Depending on the specific account type, there may be additional criteria to meet, such as creditworthiness assessments or initial deposit amounts. Individuals interested in opening an account should ensure they review the most current information available on the official website, as requirements can change and may vary based on the type of account being opened.
Adam Goldkamp is the editor / author responsible for this content.
Answered Sep 10, 2025

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