This is where your bank statements come into play. Below, Select explains why getting your bank account information in order can help you the next time you apply for credit. Banks and lenders ...

If no EFTs were recorded during a single month, your bank or credit union should send statements at least quarterly that display the following information for a checking or savings account ...

The process for opening a new bank account is fairly simple and straightforward these days, whether you already have a few accounts to your name or you're opening your very first one.