It’s time to open a new bank account. Perhaps you’re getting your first job after years as a college student who didn’t have much use for a bank. Or perhaps your parents set up an account for you as a teen, and now it’s time to graduate to a grown-up bank account.
If you’re opening a bank account for the first time, you have a lot to learn. Banking has its own vocabulary, and you must learn the language. You also need to know how bank accounts work, and which type is right for you.