Institutions Associated Credit Union

Does Associated Credit Union Use ChexSystems? Is it Good for Bad Credit?

Considering Associated Credit Union or already applying for its account? Find out whether Associated Credit Union uses ChexSystems and offers a second chance checking or savings account.

You walk into your local bank branch and sit down with your bank representative to talk about opening a checking account. Maybe you’ve been through some financial difficulties in the past, but you are ready to get back on track. But maybe not. You may think your financials are in good shape.

You wait with bated breath through the application process, only to let it out in a sigh of disappointment.

The banking representative turns to you and says, “I’m sorry, but we can’t open an account for you right now. You were rejected by ChexSystems.”

At that point, the banker probably explained ChexSystems to you in detail. If you haven't already, you can read our in-depth guide to ChexSystems and ChexSystems removal, and why it may be having a negative impact on your financial life.

Denials like these are surprisingly common. In fact, CNN has reported that approximately 15% of bank applicants are denied regular bank accounts.

Associated Credit Union

Several members of our community have reported that Associated Credit Union DOES use ChexSystems but you can still qualify for an account if you don't owe any money to the bank. A second chance checking or savings account is another option to consider. Check out their financial products below and visit the official website to learn more.

Top Banks That Don’t Use ChexSystems

Below you will find banks that don’t use ChexSystems as an alternative to Associated Credit Union in any step of the process. You can be sure that these banks won’t ever cross reference your records before deciding whether to let you open an account.

The list is suggested by our readers. Please consider the Unchex editor's curated list of banks that don't use ChexSystems for all the banking options available nationwide.

Editor's Choice

Chime

Chime is a fast-growing internet-only bank. Unlike big banks, Chime was created during the smartphone era and, therefore, features an app that is more than just a way for customers to review their bank accounts.

Features and Benefits:

  • Free Visa® debit card
  • Free online banking and mobile banking/deposits
  • No monthly account balance minimums

Why is it recommended for you?

Chime accepts all customers who apply. Even if you have bad or poor credit or have been blacklisted by ChexSystems or credit bureaus.

Apply Now

The Basics

Main Office 6251 Crooked Creek Rd Norcross, GA 30092-3107
Deposit Insurance NCUA
Established On -
CEO Lin Hodges
Headquarter Georgia
Number of Members 160,651
Community Bank -
Institution Class Federally Insured State-Chartered Credit Union
Institution Type Credit Union
Credit Union Programs Mortgage Processing, Approved Mortgage Seller
Low Income Designation No
Member of FHLB Yes
Total Assets $1,338,327,779
Asset Concentration -
Charter Number 60484
Routing Number -
Membership Eligibility

Anyone can get a membership with them by choosing (general public) on the membership application (anyone in GA can join this one) and they do offer shared branching.

 

Services & Products

Accounts Offered -
Electronic Services Bill Payment, Account Balance Inquiry, Electronic Signature Auth./Cert., External Account Transfers, Remote Deposit Capture, Share Account Transfers, New Share Account, New Loan, Loan Payments, Mobile Payments, View Account History, Share Draft Orders, Member Application, e-Statements, Download Account History
Access to Electronic Services Mobile Banking, Other, Audio Response/Phone Based, Home Banking via Internet Website, Automatic Teller Machine (ATM)
Services & Products: Credit Real Estate Loans, Participation Loans, Business Loans, Overdraft Protection/ Courtesy Pay, Indirect Business Loans, Indirect Consumer Loans, Share Secured Credit Cards, Risk Based Loans, Overdraft Lines of Credit
Services & Products: Depository Health Savings Accounts, Business Share Accounts, No Cost Share Drafts, Share Certificates with low minimum balance requirement
Services & Products: Financial Education Financial Education, Financial Counseling, Financial Literacy Workshops, First Time Homebuyer Program
Services & Products: Other Bilingual Services, No Cost Bill Payer, Insurance/Investment Sales
Services & Products: Transactional ATM/Debit Card Program, Prepaid Debit Cards, No surcharge ATMs, Check Cashing, Money orders