Pibank Savings - FAQ's
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- You must be 18 years or older.
- Have a valid Social Security Number.
- Reside in the USA.
- Have a valid driver’s license, state-issued ID or US issued passport (for US citizen).
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- Go to the "Become a Client" on the website ( you can do it in your mobile device or computer).
- You will be required to have a valid driver’s license, state-issued ID, or US issued passport on-hand and ensure you have good lighting conditions in order to scan the required documents.
Note: Pibank’s Biometric Customer Identity Verification (BCIV) uses the AuthID biometric authentication facial recognition system to verify the identity of the individual. This is becoming more commonly used in the industry as it is more secured and efficient especially with online activity. Based on the results of the match, this could result in the denial of the Pibank account opening. It is Pibank Policy not to reactivate the account opening application process or to give the specifics of the denial reason unless the reason is due to adverse information from a Chexsystems related report. - Download the Pibank App on your phone.
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- No fees
- No minimum balance
- Personalized customer service
- FDIC insurance of $250K per signer (e.g. $500K for two signers)
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