Living in Los Angeles:  Banking

Cartoon of a couple staring at a computer saying "What good is online banking if you can't download free money from the Internet?"

Unfortunately, there is not a check cashing service at the Oakwood Apartments.  Cashing an out of state check at a local bank (unless the check is from a branch of that bank) is difficult and typically banks do not allow it.  This could be frustrating for students.  The easiest methods for banking are through the use of ATM machines and/or opening an account at a local bank.

Automatic Teller Machines (ATM)
The easiest way to access money from your home bank will be through an ATM card.  If you are currently accessing money using an Automatic Teller system, you will be able to use your card at an ATM machine in LA.  An ATM machine is available in the clubhouse on the Oakwood property.  Please be aware that some ATM machines charge a fee every time you take money out of your account at the machine.  In addition, banks typically charge an additional transaction fee if you do not use one of the bank’s own ATM locations.  This could result in $2 to $5 of additional charges to you just for taking money out of your own account!   If you took money out of your account weekly, this could easily add up to $75 or more in fees over the semester.

Opening An Account
You may want to open a savings/checking account for the semester at a local bank.  There are several banks located a short distance from the Oakwood.  To open an account, you will need three things.

A)     a valid passport or photo driver’s license (an out of state driver’s license is okay as long as it has your photo);
B)      a 2nd form of photo ID (your Syracuse University SUID card is accepted);
C)      Your social security card (or a photocopy of it).

Nearby Banks :   There are many  banks in Los Angeles.   Below is a sample of nearby banks in the Toluca Lake area, close to the Oakwood housing complex—please see your bank for possible locations in LA.

Bank of America (Toluca Lake Branch)
4123 West Olive Street / Burbank, CA  91505 / 818-507-6700
Automatic teller system accepts STAR, PLUS, CIRRUS, VISA, MasterCard, American Express
HOURS:  Monday-Friday  9a-6p / Closed Saturday and Sunday

Citizens Business Bank
4100 W. Alameda Blvd / Burbank, CA   91505 / 818-843-0707
Automatic teller system accepts STAR, CIRRUS, PLUS, VISA, DISCOVER, and MasterCard
HOURS:  Monday-Thursday  10a-5p; Friday 10a-6p

4000 W. Alameda Avenue / Burbank, CA  91505 / 800-627-3999
24 hour ATM
HOURS:  Monday-Thursday 9a-5p; Friday 9a-6p; Saturday 9a-2p

U.S. Bank – Toluca Lake
24 hr ATM
10100 Riverside Drive / Toluca Lake, CA 91602

U.S. Bank – Toluca Lake 
10100 Riverside Dr / Toluca Lake, CA 91602 / 818-505-6700
Monday-Thursday 9a-5p; Friday 9a-6p; Sat 9a-1p

U.S. Bank Burbank Olive
24 hr ATM
1750 West Olive Avenue / Burbank, CA 91506

Wells Fargo Bank- Toluca Lake
10225 Riverside Drive / Toluca Lake, CA  91602 / Tel: 818-766-7172
Mon-Fri 09:00 AM-06:00 PM
Sat 09:00 AM-04:00 PM / Sun closed

Wells Fargo Bank – Toluca Lake
10221 Riverside Drive / North Hollywood, CA  91602 / Tel: 800-869-3557