You will want to open a bank account soon after you arrive at Drake. The yellow pages of the telephone directory provide a complete listing, although some of the banks most commonly used by international students are listed below. US Bank is the closest bank to Drake, just four blocks from the International Center. Bankers Trust and Wells Fargo Bank are both located downtown and can be reached by bus. Additional information about banking will be provided when you arrive.
Bankers Trust and Wells Fargo Bank have international divisions that handle foreign currency exchange and foreign bank drafts, if you need such services. Most banks also offer safe deposit boxes (for a fee), where you may protect your valuables such as passports, tax forms or other documents, and “money cards” which allow you to use Automated Teller Machines (ATMs).
You may open your account by depositing cash, traveler's checks or a bank draft. After opening your account, you may have money wired from your bank at home.
US Bank (within walking distance of Drake)
2401 University Ave. Des Moines, IA 50311
Wells Fargo Bank (downtown)
666 Walnut St. Des Moines, IA 50309
Bankers Trust (downtown)
453 7th St. Des Moines, IA 50309