Mississippi has the dubious distinction of being the state with the highest percentage of households without checking accounts or other banking services according to a FDIC survey. A bank account can save consumers money as fees for check cashing stores, prepaid debit cards or money orders to pay bills can add up over time. If Chexsystems is the reason you are unbanked, the following banks in Mississippi do not use Chexsystems.
Mississippi Online Checking Accounts – Bad Credit Okay
BBVA Compass ClearConnect Free Checking
BBVA Compass offers a second chance checking account that uses Early Warning Services to verify new account holders. BBVA’s award winning banking app allows customers easy access to online and mobile banking, free bill pay and mobile check deposits.
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
BBVA Compass ClearChoice Money Market
Earn high interest plus enjoy mobile and direct deposit and free bill payment. BBVA uses Early Warning Services to verify new customers. The account requires a $25 deposit 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.
Mississippi Second Chance Checking Accounts and Mississippi Non ChexSystems Banks
Bancorp South
They offer a Second Chance Checking account that can help get you back on the right track.
Bank Plus
Automatically qualify for a Checking and Savings Account after completing a 4hr course on credit which qualifies you for a $500 or $1000 loan based on your credit score. The purpose of the loan is to help improve your credit score but comes with the benefits of opening a bank account.
Citizens National Bank
Get a second chance with the “My Clean Slate Checking Account.” The account features an opening deposit is $50; Free CNB Visa Check Card; Free e-Bill Pay; and Free monthly paper statement or e-Statement. The monthly maintenance fee is $9.95.
First National Bank of Picayune
They use Telecheck to verify new accounts and offer several different checking account products.
First Bank
They use Telecheck to verify new accounts and offer several different checking account products.
Fort Sill National Bank
Fort Sill National bank does not use ChexSystems but a credit report will be pulled. They have several checking account packages to choose from but the Basic Checking includes a $5.00 Minimum deposit required to open account, has no monthly fees, unlimited check writing and a Visa CheckCard.
Gulf Coast Community Federal Credit Union
They offer a second chance checking called New Chance Checking that has a $15 monthly service fee.
Hope Community Credit Union
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. $9.95 a month if the balance of 200.00 is not maintained. FREE if balance of 200.00 is maintained
Magnolia Federal Credit Union
They a second chance account called “Opportunity Checking.” It has a $20 account opening fee and comes with a $15 monthly service charge with direct deposit and $20 monthly service charge without direct deposit. After 12 months of perfect account management, you’re able to switch to any other Magnolia FCU checking account. And, the bank will reward you with a $100 savings deposit!
Mississippi Telco Federal Credit Union
They use Telecheck to verify new account holders.
MUNA Federal Credit Union
They offer Fresh Start Checking.
Priority One Bank
Priority Bank does not use ChexSystems but will verify your identity through Equifax. They offer several Checking Account products including a Simple Checking Account that requires a $50 minimum deposit to open. There is free online banking and free ATM/Visa debit card.
Renasant Bank
Renasant Bank offers a wide variety of personal checking accounts, they do not use ChexSystems. All checking accounts come with Free Internet Banking; Free Online Bill Pay; Mobile Banking; and Debit Card with no monthly usage charge.
Unify Financial Credit Union
They offer a Second Chance Checking Account called Right Start Checking. You can open with a $25 deposit and no minimum balance requirement. Pay no monthly or per-check fees.
Woodforest
Woodforest offers a “Second Chance” account. The minimum opening deposit is $25.00. There is a monthly service charge which breaksdown as follows: $7.95 with direct deposit(3); $9.95 without direct deposit and a $9.00 one-time account set up fee.
You may want to review a List of Second Chance Checking Accounts and Non-ChexSystems Banks in other States.
