New Mexico Second Chance Checking and New Mexico No-ChexSystems Banks


If you are in ChexSystems or EWS open a new account at a New Mexico No-ChexSystems bank. Some credit unions in New Mexico even offer second chance checking and there’s always the option of online checking accounts at No ChexSystems banks. New Mexico remains one of the highest unbanked and underbanked populations in the U.S. since a 2010 study by the Federal Deposit Insurance Corp.

One of every 3 households is unbanked or underbanked in New Mexico. The state has the seventh-highest percentage nationwide of families with no bank accounts, and 10th-highest percentage of underbanked households. Get back into banking and stop wasting money at check cashing stores and with prepaid card fees.

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.

Small Banks and Credit Unions in New Mexico may have second chance checking accounts or may be a New Mexico Non-Chexsystems Bank. More choices also exist at larger nationwide No-ChexSystems Banks and 2nd Chance Checking Accounts that will give you an opportunity to get back into banking.

New Mexico 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. BBVA has many locations throughout the state of New Mexico. 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. 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 or Allpoint® ATM
  • BBVA USA, Member FDIC

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New Mexico Second Chance Checking Accounts and New Mexico Non ChexSystems Banks


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.

1st Convenience Bank

1st Convenience Bank does not use ChexSystems and can be opened with only $1. The Checking with Interest monthly maintenance fee is $12. Customers enjoy a FREE Debit MasterCard®; FREE Online Services and FREE Money Orders.

Bank of Albuquerque

Bank of Albuquerque offers an “Opportunity Checking” account designed to let you start over even though you’ve been reported to ChexSystems. You must visit a banking center to apply for the account. Features of the Opportunity Checking include a $50 minimum opening deposit, free Visa Debit Card, Online BillPay – $3.95 monthly fee; includes 15 payments per month & $0.20 per payment thereafter. The monthly service fee is $14.95.

Bank of the Southwest

Bank of the Southwest offers a variety of checking accounts to fit your financial needs and goals. If your ChexSystems record is paid and over one year old you may be able to open an account.

First American Community Credit Union

They offer a Second Chance Checking Account. Rebuild your credit with this convenient account. The monthly service charge is $10 and there is no minimum balance requirement.

Jamez Valley Credit Union

Jamez Valley Credit Union only requires proper identification to open an account. One of the accounts offered is the Share Draft Checking Account that features nO monthly service fee, no minimum balance required and dividends are paid monthly on balances of $2,000.00.

Lea County State Bank

Lea County State Bank offers an Opportunity Checking Account that requires a $100 minimum opening deposit. There are fees associated with this account.

Bank of the West

Bank of the West does run a ChexSystems report but they have a second chance banking program called “Fresh Start.” Your Chexsystem listing must be older than one year and it cannot be for fraud. Basic checking has a $10 monthly fee but it is waived when you: Maintain an average monthly balance of $1000; Receive a direct deposit of $250; or Use your Bank of the West Debit Card for 10 or more purchases during each statement cycle.

US Bank

Most US Bank branches located “in store” branches will open a checking or savings account for consumers in ChexSystems; some “in-store” branches even have signs stating “Chexsystems? No Problem!”. But you must not owe US Bank money if they reported you to ChexSystems or have been reported to ChexSystems for fraud. Some regular branch locations may also open an account but it’s best to call first to inquire. The minimum opening deposit is $25.

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.


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