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How to Open Your First Bank Account (Checking \u0026 Savings)Find the perfect checking account to make your everyday life easier. You can open a checking account online in as little as 5 minutes. Account must be opened for a minimum of 35 calendar days; Account must be funded and have a positive balance; A single direct deposit of at least $ per month. To open a TD checking account, you'll need your: Social Security number, government-issued ID, source of funds (existing banking information) and phone number .