How do you set up a joint account? (funds, transfer, credit)

[Almeida93]

My father works and lives in Texas while i am a student in New Mexico.

We would like to set a joint account in order for him to be able to help me out with college expenses.

We are both members of local ceedit unions in our cities.

We are planning on using a national bank to set ip an account.

Do we both need to be present to open such account.


What is the process? Thank You

[Kibbiekat]

This kind of question is most easily answered by the bank itself. If there are branches in both places, I'm sure they can coordinate getting you both on one account. Go ask.

[CSD610]

You walk into the bank and tell them what you want and they will give you all the information you need.

[Lowexpectations]

Originally Posted by CSD610

You walk into the bank and tell them what you want and they will give you all the information you need.

Or in some cases handle it all online

[CSD610]

Originally Posted by Lowexpectations

Or in some cases handle it all online

Personally I would never start something this important online.

[Lowexpectations]

Originally Posted by CSD610

Personally I would never start something this important online.

So important as a joint bank account? Uh okay it's done all day everyday and with people in two location it makes far more sense than trying to do it in person

[Qwerty]

You don't need a joint account if you have online banking. Chances are the bank or Credit Union can link your accounts so you can transfer funds back and forth. Give them a call and they can probably just link it over the phone. They will need permission from both of you probably.

[jtur88]

If you can both walk into the bank together and present legal ID, it takes no more than five minutes.

If you can't go in together, and you are both legal residents of the USA, it can be done with copies of ID documents -- the banks are hapy enough to have you as customers, but are concerned about compliance with the Patriot Act's folksy "Know Your Customer" rules, which presume you are a terrorists until you prove you are not. Just ask your bank what documents they need to see.

[rdflk]

I must be forgetting what it's like to just start out in life...AND getting impatient with such basic, truly basic, information.

OP why didn't you just ask the bank.
How on earth does a person IN COLLEGE NOT KNOW how to do this simple thing.
It's not that deep.

[CSD610]

Originally Posted by Lowexpectations

So important as a joint bank account? Uh okay it's done all day everyday and with people in two location it makes far more sense than trying to do it in person

I said "personally" I do not care what others do, it is their choice hence the reason I said "personally"......

Since it is obviously my choice to not do that and I stated it is my choice why in the world are you questioning my choice for my life and trying to "correct" me?
Do you really know what is oh so much better in someone else's life than they know themselves?


Edited to add: Everything that has been suggested by others in regards to copies of ID Documents, doing things online, making a phone call does not happen at the bank we use.
Any changes have to be done in person, inside the bank because they do not allow "electronic" signatures. It is protects them as well as us since we all know each other and they do still check our ID because it is policy.