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Choosing Your Financial Institution

Are you ready to open a checking account?

If so, find the best financial institution for you. There are so many different places to pick from that it can be difficult to make a choice. One place to start is with your family and friends; find out where they bank and what they like and dislike. Getting this information will provide you with a list of possible financial institutions and help you figure out what you want in a financial institution.  However, no matter what anyone else tells you, you need to decide for yourself which institution best fits your life. This means you will need to decide which one will give you the best deal and will be convenient for you to visit.

One concern is whether or not you need a parent’s signature to open your account (which means that you will share access to your money with your parent). Most financial institutions require you to have a parent’s signature to open a checking account if you are under the age of 18. However, there are a few institutions that may allow you to open a checking account by yourself, if you or your parent has a banking history with them.

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