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

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

Communication Federal Credit Union

Several members of our community have reported that Communication 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.

Top Banks That Don’t Use ChexSystems

Below you will find banks that don’t use ChexSystems as an alternative to Communication 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

CIT Bank

The CIT Bank Savings Connect account is the best among banks that don’t use ChexSystems. Unlike many other non-ChexSystems accounts, the CIT Bank Savings Connect is also a high-yield savings account that can help grow your savings much faster than most other banks can.

Features and Benefits:

  • Interest-bearing
  • Minimum balance requirement: $0
  • Monthly maintenance fee: $0
  • Monthly ATM charge reimbursements of up to $30

Why is it recommended for you?

Although CIT Bank has a relatively high minimum deposit ($100) to get started, it offers one of the best interest rates among online banks, and has no opening, monthly servicing, online transfer or incoming wire fees.

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The Best Alternative

The Complete ChexSystems Removal Kit

Our comprehensive ChexSystems Removal Guide includes the exact documents and instructions guaranteed to help you get off ChexSystems and start banking again.

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Main Office
4141 NW Expressway Oklahoma City, OK 73116-1682
Deposit Insurance
Established On
Larry Shropshire
Number of Members
Community Bank
Institution Class
Federal Credit Union - Multiple common bond - primarily communications and utilities
Institution Type
Credit Union
Credit Union Programs
Short-Term, Small Amount Loans (FCU Only), Approved Mortgage Seller, Mortgage Processing
Low Income Designation
Member of FHLB
Total Assets
Asset Concentration
Charter Number
Routing Number
Membership Eligibility

Live or work in Broken Arrow, OK, Carter County, OK or Pottawattamie County, OK (CFCU has a community charter for these areas).

Accounts Offered
Electronic Services
New Share Account, External Account Transfers, e-Statements, Account Balance Inquiry, Download Account History, Share Account Transfers, New Loan, Loan Payments, Member Application, Bill Payment, Remote Deposit Capture, View Account History, Electronic Signature Auth./Cert., Share Draft Orders
Access to Electronic Services
Audio Response/Phone Based, Mobile Banking, Automatic Teller Machine (ATM), Home Banking via Internet Website
Services & Products: Credit
Participation Loans, Real Estate Loans, Overdraft Lines of Credit, Overdraft Protection/ Courtesy Pay, Indirect Consumer Loans, Share Secured Credit Cards, Risk Based Loans, Pay Day Loans, Debt Cancellation/Suspension
Services & Products: Depository
Business Share Accounts, No Cost Share Drafts, Health Savings Accounts
Services & Products: Financial Education
Financial Literacy Workshops
Services & Products: Other
No Cost Bill Payer
Services & Products: Transactional
No surcharge ATMs, ATM/Debit Card Program