Deposit Account Opening for Consumers & Businesses | Blend
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Deposit Account Opening

Consumer & business accounts—on one platform

Originate, verify, fund

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Drive deposit growth across consumer and business accounts

Onboard more customers, faster, with seamless digital experiences for all deposit account products. Streamline engagement and cut costs—on one unified omni-channel solution.

37%

increase in new digital deposit account openings with Blend
Langley FCU

7 minutes

to open Deposit Accounts vs. 11 days
Landmark FCU

25%

of small business checking and savings volume for the bank
BOK Financial

Consumer Deposit Accounts

Say goodbye to clunky, disconnected journeys. Blend makes it easy to onboard new customers with frictionless account opening across channels.

Pre-filled applications, save-and-resume, and omnichannel functionality get consumers from application to funded in minutes.

Built-in identity verification (IDV), fraud detection, and eligibility logic reduce risk and manual reviews.

Multiple funding options including card funding, ACH, and manual ACH enables new customers to activate account for use in a single session.

Deliver a consistent experience across digital, branch, and phone—with banker tools and automation allowing your teams to focus on the customer, not the data.

Present tailored cross-sell offers—like credit cards or personal loans—at account opening to improve member experience and increase lifetime value.

Light blue rectangular card featuring desktop view of pipeline and mobile view of a personal info/review your account selection
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Light blue rectangular card with mobile product screen of adding additional accounts
Application start product screen
Light blue rectangular card with mobile product screen that shows an account screen with a $200 sign on bonus

Business Accounts

Blend simplifies complex account openings with streamlined digital onboarding for all business structures, built-in compliance and verification tools, and an omnichannel experience for business growth.

Invite co-owners, prefill key information, and automate KYB in one session—no redundant work, no paper.

Support for sole proprietors, LLCs, partnerships, corporations, nonprofits, and more—automated rules and document collection adapt based on structure.

Integrated IDV through Middesk handles compliance requirements like KYB, KYC, and BSA in the background to reduce manual effort and risk.

Bankers can upload, review, and track required documents, guide applicants, and push funding flows—all in one place.

Capabilities that go deeper

Deliver smarter, more personalized experiences with powerful features built to drive efficiency, engagement, and conversion.

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Cross-sell

Present relevant product offers—like credit cards or loans—within the account opening journey to grow wallet share and deepen relationships.

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IDV and bot detection

Keep fraud out and trust intact with identity verification and bot detection that work behind the scenes to protect your business.

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Passwordless authentication

Allow customers and staff to save and resume applications exactly where they left off with no loss of progress, reducing abandonment and duplication of apps.

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Banker Workspace

Focus on the customer, not data input with guided scripting, customer lookup, real-time offers, custom pipeline views, and reporting.

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Flexible funding options

Support ACH, debit card, and internal transfers to activate accounts quickly and create a smooth, digital-first onboarding experience, while improving pull-through.

Now we go to Blend for everything and it doesn’t matter if it’s a deposit account or mortgage application. If we have a question or need support, it’s one resource.

John Dunlop

Digital Product Manager, Landmark Credit Union

7 minutes

to open Deposit Accounts vs. 11 days

9000

manual hours saved

1 hour

to complete mortgage applications vs. 2 weeks

View customer story

We’ve already seen how the flexible platform enabled product configuration, and the next natural step was to push the limits of that flexibility.

Nick Iervolino

VP Senior Channel Delivery Manager, BOK Financial

72%

of the cost of an in-house build

25%

of small business checking and savings volume for the ban

50%

accounts created from new customers

View customer story

So far, we’ve seen a 37% increase in digital account openings, with July 2024 being the highest month on record.

Fred Hagerman

Chief Operations Officer at Langley Federal Credit Union

37%

increase in new digital deposit account openings with Blend

25

percentage point drop in contact center intervention for approved applications

10x

better training & implementation experience with Blend's platform

View customer story

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