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Si I took the credit pull to join DCU for savings & checking and overdraft. That was monday, and moments after I was emailed to send in a license, so PDF'd it immediately. Today , Thursday they asked for PDF of SS card and cable bill. Now I know what people mean by "it takes a week or more"
Next month I'll apply for credit or I'll wait uintil I get a preapproved email or something from them
That's odd. I applied for an auto refinance loan and a savings account on the same day. 3 days later both accounts were open.
Took me 6 business when all was said and done.
For some approvals are instant. If they have to verify documents it might take a bit.
When I opened an account a year or so ago at a new institution, it was instant. However, I did need to drop a utility bill for address verification at the branch later. That is a federal regulation and part of the new banking laws.