Financial education can be a game-changer for Kansas residents who are unbanked. Sometimes, knowing more about the banking system and how to manage a checking account can help the unbanked. Kansas banks that don’t use ChexSystems can get you back into traditional banking.
Even if you have to pay a monthly fee for a Kansas second chance checking account it may be worth it to have access to banking products like mortgage and car loans, credit cards and investments.
Spending money on prepaid cards, check cashing stores or money orders can add up over time. Plus, many unbanked use payday and title loans and even pawn shops to access emergency cash. In fact, the unbanked can spend nearly $500 per year just to access their own money. That’s 15 times what someone who has full access to banking services pays in fees.
Access to a traditional bank gives you access to a variety of financial products that come with lowers fees and interest rates. Get back into banking with a bank that does not use ChexSystems or a second chance checking account in Kansas.
Kansas Online Checking Accounts that don’t use ChexSystems
BBVA Compass offers an online checking account that uses Early Warning Services to verify new account holders. It’s a fee-free account that makes it easy to manage your money on the go. You can access your account for free through a computer or smartphone. Another great perk with this second chance bank account is that you not only get to access BBVA Compass ATMs for free, you also get free access to the AllPoint ATM network, which includes more than 55,000 ATMs nationwide.
What else can you expect from this checking account?
- Apply with only $25 opening deposit
- No monthly Service Charge
- 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
There are 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 except with higher earning rates. That means you grow your money faster. 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.
Kansas Second Chance Checking Accounts and Kansas Non ChexSystems Banks
BankWest of Kansas does not use ChexSystems or a credit report to open new accounts. They offer several checking account products but you must have 2 forms of identification.
Bank of Kansas City second chance checking offers the Opportunity Checking. It is a checkless account that provides you convenient access to your money, without the burden of writing checks. There is a $14.95 monthly service fee or $9.95 monthly service fee with a qualifying direct deposit of regular monthly income of at least $300 per statement cycle.
Central Kansas Credit Union runs a credit report to open a checking account.
Central National Bank offers a second chance checking account called “New Opportunity Checking.” New Opportunity Checking features requires a $30 opening deposit, free online & mobile banking, unlimited check writing. The monthly fee is $9.99 or $7.99 with direct deposit. Designed to help you rebuild your banking history!
Corporate America Family FCU offers a second chance checking account called the “Fresh Start Checking.” Designed to rebuild a positive checking account history. There is a $10 monthly fee plus you must maintain a minimum balance of $100 in your Regular Share Account.
Citizens State Bank does not use ChexSystems. They offer a variety of checking account products that require identification and a Social Security card to open.
Several checking account products are available with 2 forms of identification.
KC Fairfax Federal Credit Union uses Telechecks to verify new customers.
You can establish a successful banking relationship, even if you have past credit problems with United Consumers Credit Union. They offer a second chance checking account with unlimited check writing. There is a $10 monthly fee. After 12 months of successfully managing your account, you may request a status review and switch to our Classic Checking Account.
You may want to review a List of Second Chance Checking Accounts and Non-ChexSystems Banks in other States.