If you’re in ChexSystems or EWS find a new account at banks in Arkansas that don’t use ChexSystems.
According to the Federal Reserve Bank of St. Louis, the state of Arkansas has one of the highest percentages of unbanked individuals in the nation at 10.1%.
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. Check out our list of banks in Arkansas that don’t use ChexSystems and get back into banking.
A negative ChexSystems record can remain 5 years unless you successfully dispute ChexSystems to get it deleted. For consumers with an EWS record, it can last for 7 years unless you’re able to successfully dispute EWS.
Whether you choose a bank or credit union, Arkansas residents have several choices for banks in Arkansas that don’t use ChexSystems. 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.
Banks in Arkansas that don’t use ChexSystems
BBVA Compass offers an online checking account. It’s a fee-free account that makes it easy to manage your money on the go with mobile banking. Customers enjoy free checking, unlimited check writing, cash back in categories like gas and groceries throughout the year. Free ATMs at BBVA and at 55,000 AllPoint ATMs in the network. Unlimited check writing, bill payment and mobile check deposit also included.
What else can you expect from this checking account?
- Apply with only $25 opening deposit
- No monthly Service Charge
- Earn cash back on everyday debit and credit card purchases
- Complimentary Online Banking and Mobile Banking, Bill Pay and Online Statements
- No ATM withdrawal fees at any BBVA Compass or Allpoint® ATM
- Compass Bank, Member FDIC
BBVA Compass offers great features with the ClearChoice Money Market Account like mobile check deposits, direct deposit, bill payment and ATM banking at BBVA Compass ATMs. The account requires a deposit of $25 to open. A money market account is like your basic savings account – the higher your balances, the greater your interest-earning possibilities. Open today.
Chime Bank 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. If you need a check written, Chime Bank will create and mail a paper check for you at no charge. No opening deposit required. If you open a savings account too, you can save money when you make a purchase or pay a bill with your Chime Visa® Debit Card. Chime will round up transactions to the nearest dollar and transfer it to your savings account.
List of Florida Banks and Credit Unions that offer Second Chance Checking
Bancorp South runs a ChexSystems report but they offer Second Chance Checking Account with unlimited check writing and a debit card. Open an account with as little as a $50 minimum opening balance.
They offer Opportunity Checking designed to give you a fresh start from past financial challenges. The monthly fee is $9.95 with direct deposit and $14.95 without direct deposit.
They offer a second chance checking called Pathway Checking. The minimum opening deposit is $100 and there is a $10 monthly service fee.
They offer a second chance checking account called Opportunity 100 Checking. The minimum opening deposit is $100. The monthly service fee is $9.95 with direct deposit or $12.95 without direct deposit.
They offer a checking account called Diamond Encore for people who are trying to start over after past mistakes. The minimum opening deposit is $100.00. There is no minimum monthly balance requirement.
First Service Bank does use Chexsystems, EWS, Telecheck or credit report. They offer several checking accounts.
They offer Fresh Start Checking. It takes $50 to open the account. Re-establish your credit. The Re-establish your credit. The $5.95 monthly service charge can be reduced to $2 when you enroll in eStatements.
They do use chexsystems but you can still get an account once you become a member. They do offer an account called Easy Checking for those reported to chexsystems and those with a credit score of less than 600. There is a $9.95 a month if the balance of 200.00 is not maintained. FREE if balance of 200.00 is maintained.
They offer Fresh Start Checking to help you get back on track and is available to members who may not qualify for a regular checking account. You will be required to take a Checking Account Management Education Program. The monthly fee is $10.
They offer a second chance checking account. The ChexSystems record must be less than $300.00. Any previous account charge off or losses to the Credit Union must be satisfied. The monthly service fee of $5.00. Minimum balance to open is $100.00 and it must be placed on hold during the first 30 days.
Southern offers a wide variety of checking accounts and they do not use ChexSystems. Some of the checking accounts options are: No service fees; ATM/Debit Cards; Free unlimited checking; and, No or low minimum balance requirements.
They offer a second chance account called Right Start Checking. Open with a $25 deposit and no minimum balance requirement. Pay no monthly or per-check fees and enjoy Overdraft Protection up to $250.
Non-ChexSystems Banks by State
Banks that don’t use ChexSystems and second chance banking is available in all 50 States. Find more information and additional options available in your area and share with friends and family members who may be unbanked.