Self Directed IRA friendly banks

[Dan Franks]

This might be a dumb question, but I am having a difficult time opening a checking account for my self directed IRA.

My custodian advised me to set up a bank account with my SDIRA as the Member (owner) and myself as the Manager and signer. I did exactly this, and have taken the paperwork to a few local branches of national banks....and they are super confused and send me away.

Any thoughts or suggestions?

[Mindy Jensen]

@Dan Franks , I have a Self Directed Solo 401(k) and had the same issue finding a bank that offered this account. Check out solerabank.com. They have amazing customer service. REALLY on the ball.

Also, if a SD solo 401(k) is an option, I think it's a better choice.