I want to open a savings account. What's the proper procedure?
First, you fill out the application form and then we will issue you a passbook.
Is there any minimum for the first deposit?
No, even a dollar is all right. Sir, here's your passbook. Just sign your name on it.
What is the annual interest rate?
It varies from time to time. At present it is 6%.
By the way, can I open a checking account too?
Sure. But you have to deposit enough money before you write out your checks.
Oh, I see. Thank you very much.
My pleasure.