Saturday afternoon I received an e-mail saying that our new DollarSavingsDirect savings account has been approved. The link to our local checking account still hasn’t been established, but once that’s done we’ll be ready to roll. According to the e-mail, here’s what’s next:

Important Next Steps to Activate Your Account

Look for validation deposits

In the next few days, we will process two small deposits and matching withdrawals against your external checking account. We will also withdraw the initial funding amount so please make sure there are sufficient funds in your account.

Login to your DollarSavingsDirect account

Just go to www.dollarsavingsdirect.com and log on using the Online ID and password you created during the application process. Then select additional personal security credentials, one of which will be presented each time you log on.

Verify your small deposits

Once you have seen the small deposits processed against your linked checking account, you can log on to verify the amounts. Just click on the Verify Now! link that appears at the top of your account summary page. Once you verify the amounts, you will be able to set up additional transfers between your linked accounts.

So… By mid-week (hopefully earlier) our account should be completely open and funded, and thus ready to receive even more funds.