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.
Several members of our community have reported that Bank of the West 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.
|Method of Verification||ChexSystems|
The manager told me its called "Fresh Start". Your last entry into ChexSystems must be older than one year. Cannot say Fraud. $10 a month.
|Official Response (Email or Phone)||-|
Below you will find banks that don’t use ChexSystems as an alternative to Bank of the West 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.
|Main Office||180 Montgomery Street San Francisco, CA 94104|
|Established On||Jan. 1, 1874|
|Number of Members||-|
|Institution Class||Commercial bank, state charter and Fed nonmember, supervised by the FDIC|
|Credit Union Programs||-|
|Low Income Designation||-|
|Member of FHLB||-|
|Asset Concentration||Commercial Lending Specialization|
Services & Products
|Access to Electronic Services||-|
|Services & Products: Credit||-|
|Services & Products: Depository||-|
|Services & Products: Financial Education||-|
|Services & Products: Other||-|
|Services & Products: Transactional||-|