Start Their Financial Journey with Confidence
Embark is designed to help kids build smart money habits from the very beginning. Whether they’re learning to save, budget, or make everyday purchases, this account gives them the tools to grow their confidence and develop a strong financial foundation for the future.
Interested in opening an Embark account? Before you head into a branch, there are some key things you'll want to bring to open the account.
Your child must be present to open an Embark account. This allows them to actively participate in the process, understand the terms and conditions, and sign the necessary paperwork. It also means they’ll get to pick out the design for their debit card!
Identification
Don’t forget the ID! We need to verify your child’s identity to ensure the safety and security of their account. If you’re not already a Richwood customer, we’ll also need to collect your identification information.
Mobile Devices
Don’t forget your tech! Bring the mobile devices you’ll be using for online banking. We’ll show you how to use our online tools to make sure you get the most out of your Embark account.
Streamline the Embark Account Process
Start the Account Opening Process Online
Start the process securely online by providing some details in advance, saving time when you visit the branch. You can also upload a custom image for your child’s debit card, ensuring it's ready when you arrive. By handling these steps beforehand, your branch visit can focus on the excitement of opening the account and taking the time to learn about all the tools available for financial success.
Identification Requirements
At Richwood Bank, we take the safety and security of our customers seriously. That’s why we follow strict guidelines to verify the identity of everyone who opens an account with us. This process helps us protect you and your child from fraud and ensures that we comply with federal regulations.
If the minor does not already have an account with Richwood Bank, we’ll need to collect the following information before we can open the account:
- Government Issued Photo ID
- State of Ohio ID card with photo (not expired)
- State of Ohio Driver’s License (not expired)
- Passport with photo
If the minor does not have government issued photo identification, two of the following methods of ID may be used:
- School ID card with photo and signature
- Social Security Card
- Birth Certificate
- Pay Stub
- Employment ID card with photo and signature
Why We Need This Information
Collecting this information is essential to ensure that we are meeting legal requirements and safeguarding your child’s financial future. Rest assured, the information you provide is kept secure and confidential, and it will only be used for the purpose of account verification. We appreciate your understanding and cooperation in helping us maintain a safe and secure banking environment for all our customers.
If you have any questions or need assistance with the account opening process, please don’t hesitate to contact us. We’re here to help!
