Mississippi Second Chance Checking and Mississippi No-ChexSystems Banks

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 Online Checking

BBVA offers an online checking account that utilizes EWS to verify new customers. It’s a no monthly Service Charge account that makes it easy to manage your money on the go with mobile banking. Customers enjoy free checking, unlimited check writing, cashback in categories like gas and groceries throughout the year. Free ATMs at BBVA and at 64,000 AllPoint ATMs in the network. Bill payment and mobile check deposit also included, you can even deposit cash at some AllPoint ATM locations.

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 or Allpoint® ATM. Deposit cash at some AllPoint ATMs.
• BBVA USA, Member FDIC

Chime

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. If you need a check written, Chime 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.

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.

Non-ChexSystems Banks by State

Second chance banking is available in all 50 States. Find additional options in your area and share the list of second chance banks with friends and family that may be unbanked.

  by Lisa Phillips on  April 30, 2020