3. Confirm how much the initial deposit is for that savings account by looking at the bank’s website. Some banks require an initial deposit and some do not. Also look for what the minimum balance is as well.
4. If you choose your bank: go there during business hours with the initial deposit and your identification. If you choose a separate online institution: follow the guides on their website and/or contact their customer service. Many banks allow you to open an account from their website.