Virginia Non-Chexsystems banks can offer solutions to residents who face barriers to traditional banking institutions. The unbanked and under-banked have difficulty gaining access to the financial system except through alternative providers. These alternative financial providers include costly check cashing stores, money orders, pawn shops and auto title loan lenders.
Not having a traditional bank account makes it hard to build savings and assets. If you are looking for a Virginia Non-ChexSystems bank or a bank in Virginia that does not use EWS here are several options. Some credit unions in Virginia even offer second chance checking.
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 Virginia may have second chance checking accounts or may be a Virginia 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.
Virginia Second Chance Checking
BBVA Compass offers an online checking account with No ChexSystems. It’s a fee-free account that makes it easy to manage your money on the go with mobile banking. You can access your account for free through a computer, tablet 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
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.
Open a second chance checking account if you’ve had problems with ChexSystems or EWS. OneUnited Bank’s U2 E-Checking Account is for people with a less than perfect banking history. The online account is available in all states and requires a minimum opening deposit of $100. The monthly service charge is $12 but mobile banking and ATMs in the network are free. To apply you must first enter your name and email address plus choose the “Debit/Checking” option then click the button “Apply Today.” During the application process you’ll need to choose the “U2 E-Checking (2nd Chance) Account” option plus choose an artful debit card design or just the plain debit card design.
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.
Virginia Non ChexSystems Banks and Fresh Start Checking
Chesapeake Bank does not use ChexSystems. Telecheck is used to open new accounts. Several checking accounts are available. There is a checking account worksheet to help you determine which account is best for you. Choose from an interest bearing account, a basic account or an account with other types of perks.
Central Virginia Federal Credit Union offers a Fresh Start Checking account that comes with unlimited check writing and a visa debit card. Other features include online, mobile and telephone banking. This is a no opening deposit checking account.
Get a second chance at financial health with the “Second Chance Checking Account.” Customers get free direct deposit, free online banking and bill pay. After 12 months successful account management there is a chance to upgrade to a regular checking account. There is a $10.00 monthly service fee for the Second Chance Checking Account.
Main Street Bank does not use ChexSystems. Telecheck is used to open accounts. They offer two checking options both require a $50 minimum opening deposit. Checking accounts feature online airbanking, a Visa debit card, free ATM access, mobile banking, mobile deposit, bill pay and e-statements.
Member One Federal Credit Union offers a “Smart Choice Checking” if you’ve been denied a bank account in the past. You must visit a branch location to learn about thenew Smart Choice Checking Account.
Old Point National Bank does not use ChexSystems. Telecheck is used to open accounts. They offer several checking account options. All the checking accounts feature unlimited check writing, free Visa debit card, free online banking and mobile banking.
Pioneer Bank does not use ChexSystems. Telecheck is used to open accounts. They offer a wide array of checking accounts.
Telecheck is used to open accounts. No minimum balance required to open an account. Other features are no monthly service fee, no per check charges, a free Visa debit card, free mobile access and free Checks2US mobile deposits, free online bill pay, free eStatements and free overdraft protection from your savings account.
United Bank offers several checking accounts and they do have a free account for everyone. The “United FREE Checking offers No minimum balance; No monthly service charge; No per check charge; Unlimited check writing; United VISA® Check Card*; FREE Online Banking; FREE Bill Pay and eStatements. They do not use ChexSystems. The minimum opening deposit is $50.
The Opportunity Checking account is designed for customers who have been unable to open a checking account due to their prior credit or banking history. There is a $10 monthly service fee which can be avoided by making 10 debit card purchases or maintaining a minimum daily checking balance of $1,500, or having a direct deposit of $500 per statement cycle. The minimum opening deposit is $50.
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
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia