Open a real bank account at a No Chexsystems Bank. We maintain an updated list of banks that DO NOT use ChexSystems and Second Chance Banks. Get started today because living without a bank account is inconvenient along with being costly. Check cashing fees add up over time. Plus, not having a place to grow your money prohibits wealth building and you miss out on additional financial products banks may offer like mortgage and auto loans, credit cards, and investment products.
We have maintained an updated list of No-Chexsystems Banks since 2010. This list also includes Second Chance Bank Accounts where banks allow people with a ChexSystems record to open bank accounts. The list has changed over the years because some banks like Capital One 360 started using ChexSystems. Here is an updated list of No-ChexSystems banks where you can open an account today.
No ChexSystems and Second Chance Banks in 2016
BBVA Compass ClearChoice Free Checking
Available to residents in the states of AL, AZ, CA, CO, FL, NM, TX. Residents of other states will be offered the NBA FREE Checking Account. Both accounts feature free checking, mobile deposits, online banking, free bill pay, check writing and a Visa debit card. BBVA Compass is a No-ChexSystems Bank. If you are not eligible for one of the FREE Checking accounts you will be offered the Second Chance Checking Account. Second chance checking is offered when you need to rebuild your credit and get your finances on track. The Second Chance Checking Account comes with the same features as the free checking accounts but it has a $13.95 monthly fee. There is a $25 minimum deposit required to open all BBVA checking accounts. Apply online today.
BBVA Compass ClearChoice Money Market
ANYONE can open this account! It is available to ALL STATES. BBVA Compass ClearChoice Money Market Account is a No-ChexSystems bank account. There are great features with the ClearChoice Money Market Account like mobile check deposits, direct deposit and free bill payment. The account requires a deposit of $25. A money market account is like your basic savings account except the annual percentage rate is typically higher. Currently BBVA is offering an APY of 0.65%. You earn tiered interest rates to grow your money faster. That means the higher your balances, the greater your interest-earning possibilities. Open today.
USAA Free Checking
USAA is a No-ChexSystems bank, however they do use EWS. USAA primarily serves the military but non-military may be eligible too. Former military members (retired or veteran) which includes the Guard or Reserves are eligible. If you are joining the military (includes signing an enlistment contract or participating in a commissioning program you can join. Non-military can join if a spouse or ex-spouse has honorably served or if a parent currently has or had a USAA account. USAA hands down is a great full-service bank offering products from credit cards for rebuild credit to renter’s insurance. USAA free checking offers ATM reimbursement and mobile deposits. The minimum to open an account is $25. See if you are eligible.
Washington Savings Bank
The Rewards Card Checking requires direct deposit of payroll or government benefit. There is a monthly maintenance fee of $9.95. They do run ChexSystems but have less stringent requirements. Fraud should not be indicated. Customers enjoy no overdraft fees, a checkbook, Mastercard® debit card and free nationwide ATM access through the Allpoint® 55,000 ATMs Network!
Navy Federal Credit Union
Navy Federal does not use ChexSystems or EWS to open a bank account but there are strict requirements to become a member. Membership is open if you are affiliated with the Armed Forces, DoD, Coast Guard or National Guard. This includes Army, Marine Corps, Navy, Air Force, and Coast Guard regular Active Duty and reservists, and Army and Air National Guard personnel. Active duty and Retired military are eligible but unfortunately Veterans are not. DoD civilian employees and contractors assigned to U.S. Government Installations may be eligible.
Fort Sill National Bank
Fort Sill National Bank (FSNB) is open to anyone — you do not have to be in the military. FSNB does not use ChexSystems. If you are interested in direct deposit, this may be a good account for you because FSNB may not be located in your state. In order to open an account from any location call their new accounts department at (800) 749-4583 and an application will be mailed to you.
1st Convenience Bank
This bank is only located in New Mexico, Texas, and Arizona. They do not run Chexsystems, Telecheck, or EWS. Several checking account options are available but there is a $12 monthly maintenance fee if certain conditions are not met such as maintaining a minimum daily balance. All checking account options only require $1.00 to open.
This bank is only located in Mississippi, Alabama, Tennessee, and Georgia. You can have a Chexsystems, Telecheck or EWS record but there must not be any money owed to Renasant Bank. Checking accounts offer free online bill pay along with mobile banking. You can apply online.
Suntrust Bank offers several types of checking accounts, all of which include online banking, mobile banking, overdraft services, direct deposit, online bill pay and a SunTrust MasterCard® Check Card. While Suntrust maintains they do not use ChexSystems, some consumers have reported otherwise. It may be best to apply over the telephone or through their online chat service; and, complete the process in full through the mail.
This bank is not available in all states. TCFBank has 436 branches in Minnesota, Illinois, Michigan, Colorado, Wisconsin, Indiana, Arizona and South Dakota. This bank offers several checking accounts to choose from and a business checking account. They will open an account for consumers in Chexsystems but you must not owe any money to TCFBank. Consumers with an EWS record may be denied.
This bank is not available in all states. Branch locations are located in Maryland, Ohio, Pennsylvania, Virginia, West Virginia, and Washington D.C. They do not run Chexsystems. Several checking account options are available but there is a $50 minimum deposit required for all checking account options.
Peoples Cash Solutions offers a Second Chance Checking Account for consumers who have been reported to ChexSystems or TeleCheck. There must be no fraud activity reported in ChexSystems. Bad credit and even bankruptcy are okay.
Try the in-store branches and take proper identification along with a utility bill showing your address. Consumers using in-store branches have experienced success in opening checking accounts while in Chexsystems.
This bank is not available in all states; however, they do have an account called “Second Chance Checking. It comes with unlimited check writing and a debit mastercard. You must go inside a branch in order to open this second chance checking account.
Wells Fargo – Opportunity Checking
This is a traditional checking account with a visa debit card and checks; however, it comes with some restrictions. This account will definitely help you stay within your budget. Deposits cannot be made through the ATM and you may not be able to get cash back immediately upon depositing a check. Once you remain in good standing for some time, Wells Fargo may offer you an upgrade to a regular checking account, with less restrictions.
Banks will sometimes conduct ChexSystems Sweeps on existing customers and close accounts without warning even if your account is in good standing. It can take up to 30 days to get your money out of a frozen account. Never have all your money in one bank. With current negatives in ChexSystems, keep a non-ChexSystems account as a backup. If you have direct deposit you may want to split it. That way if your primary account is frozen or closed you still have access to a portion of your paycheck.
Fund an Account or Verify Small Deposits
If you are opening an account online but do not have a way to fund it instantly with another account or credit card, most online accounts can be funded with a prepaid debit card with the Visa® or MasterCard® logo. Or, use PayPal® to add money to your bank account. It’s fairly simple and with PayPal® your account can be funded in 2-3 days.
Safe Check Ordering
Consumers who have been reported to ChexSystems, whether the item is paid or unpaid, should be careful when ordering checks. Ordering checks from well known companies such as Deluxe, Designer Checks, Checks Unlimited and Current Checks may not be safe. These companies share your personal information with ChexSystems. ChexSystems will then report your ChexSystems record to your current bank.
Order checks from companies that do not share your personal information with ChexSystems such as Costco Check Printing, Checkworks or Harland Clarke. Ordering checks from companies that share your information with Chexsystems may end up getting your current bank account closed, even if your checking account is in good standing.
Practice good checking account management
Once you open a checking account, you need to manage it in order to keep it. When you manage your account, you can avoid unnecessary fees, a ChexSystems or EWS record. Here are actions to take for good checking account management:
- Keep track of your balance and any outstanding payments.
- Open and review all bank statements and correspondence.
- Avoid spending more than you have in your account.
- Monitor your account online or on your phone before you withdraw cash at an ATM.
- Check your balance by phone or online before you write a big check or make a big payment.
- Sign up for transaction alerts and low-balance warnings via e-mail or text.
- Don’t assume that the money you deposited is available immediately.
- Find out when the money you deposit will be available for your use.
- If there is a “hold” on a deposit, make sure you know when it will be lifted
- Avoid making a payment using your checking unless you know for sure the money is in your account.