Banks in Alaska that don’t use Chexsystems: Get a Second Chance


According to a 2019 study by the FDIC one group likely to be unbanked and underbanked compared to the population as a whole are American Indian/Alaskan households. The study showed American Indian or Alaska Native communities had the highest rates of unbanked households, at 16.3%.

It’s estimated the unbanked can pay from 1-10% of salary for check cashing services – not to mention how prepaid debit card fees add up.

There’s no reason to keep losing money to conduct daily financial transactions.

A negative ChexSystems record can remain 5 years unless you successfully dispute ChexSystems to get it deleted. Consumers with EWS records have to wait 7 years for removal unless an EWS dispute is successful.

Whether you choose a bank or credit union, Alaska residents have several choices for non-ChexSystems banks in Alaska. Take the time to build a solid banking relationship that will help you grow your money while maintaining a safe place to conduct daily expense transactions.

If you have problem credit consider bank accounts for bad credit as an additional option for checking accounts.

List of Banks in Alaska that don’t use ChexSystems

Langley Federal Credit Union

Langley Federal Credit Union is headquartered in Newport News, VA. Membership is open to people in ALL States. You must open a share savings account with a minimum of $5 in order to open a checking account. Earn a $30 checking account bonus if you complete 10 debit card transactions within 60 days of opening your account.

Smart Checking Account Details

  • $0 minimum opening checking account but you must open a share savings account with a $5 minimum deposit
  • No minimum balance and No monthly service charge.
  • Free mobile banking.
  • Access 55,000+ Allpoint ATMs Nationwide.
  • Free online bill pay.
  • Get paid up to 3 days early with direct deposit.

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Chime is primarily a spending account to conduct your daily expenses that anyone can open. Get paid up to 2 days early with early direct deposit. Other features include no overdraft fees and no monthly service fees. No opening deposit required. If you open a savings account Chime will round up transactions to the nearest dollar and transfer it to your savings account.

MAC Federal Credit Union

A ChexSystems report will be pulled but as long as the item is paid and does not indicate fraud, you will be able to open a checking account. If you only want a savings account a ChexSystems report will not be pulled. They also offer other financial products such as loans and credit cards.

Matanuska Valley Federal Credit Union

Matanuska Valley Credit Union does use ChexSystems but will open an account under certain circustances: (1) Fraud must not be reported and the reporting bank must be paid.

Mt. Mckinley Bank

Mt. Mckinley Bank allows customers who have a ChexSystems report to open a savings account only. No debit card will be issued.

Spirit of Alaska Federal Credit Union

A ChexSystems report will be pulled but if the report indicates the item is paid and is not fraud, you will be able to open a savings account. A supervisor may approve you for the checking account once your ChexSystems report is approved.

True North Federal Credit Union

True North Federal Credit Union in Alaska offers a True Options Checking account even though a credit report and ChexSystems report will be pulled. The monthly fee is $10 and there is no minimum balance required.


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