Institutions Baycel Federal Credit Union

Does Baycel Federal Credit Union Use ChexSystems? Is it Good for Bad Credit?

Considering Baycel Federal Credit Union or already applying for its account? Find out whether Baycel Federal 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.

Baycel Federal Credit Union

Several members of our community have reported that Baycel Federal 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.


Method of Verification TeleCheck and a credit report
Notes -
Official Response (Email or Phone)

We pull the credit report on Equifax and we also call TeleCheck. Your score has to be 570 and above.

Top Banks That Don’t Use ChexSystems

Below you will find banks that don’t use ChexSystems as an alternative to Baycel Federal 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 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 2320 6th St Bay City, TX 77414-5240
Deposit Insurance NCUA
Established On -
CEO Paula Abshier
Headquarter Texas
Number of Members 3,921
Community Bank -
Institution Class Federal Credit Union - Community credit unions
Institution Type Credit Union
Credit Union Programs Brokered Certificates of Deposit, Deposits and Shares Meeting
Low Income Designation No
Member of FHLB No
Total Assets $48,087,969
Asset Concentration -
Charter Number 15563
Routing Number 313177468
Membership Eligibility

Is open to those individuals who live, work, attend school or worship in Matagorda County.


Services & Products

Accounts Offered -
Electronic Services Bill Payment, Account Balance Inquiry, Share Account Transfers, View Account History, e-Statements, Member Application, Download Account History
Access to Electronic Services Home Banking via Internet Website, Automatic Teller Machine (ATM)
Services & Products: Credit Real Estate Loans, Share Secured Credit Cards, Risk Based Loans
Services & Products: Depository No Cost Share Drafts, Share Certificates with low minimum balance requirement, Business Share Accounts
Services & Products: Financial Education Financial Education, Financial Literacy Workshops, In-School Branches
Services & Products: Other No Cost Bill Payer, Bilingual Services
Services & Products: Transactional ATM/Debit Card Program