Quicken will take you to the financial institution's website. You can either apply online for a password or find contact information to call and sign up for one.
The new account will be added with an opening balance of $0.00, as of today's date. Quicken will remind you in a predetermined number of days to continue the setup process with your new password.
For Direct Connect accounts, your Quicken password may or may not be the same as the password to your financial institution's website. If you have your Quicken password, Quicken will update transactions for you right now.
For Web Connect accounts, your Quicken password is the same as the password to your financial institution's website. If you have your Quicken password, you can go now to the financial institution's website, where you can log in and begin to update transactions.
Quicken will walk you through the process of setting up the account and adding transactions manually. Follow the on-screen instructions.