Institutions Communitywide Federal Credit Union

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

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

Communitywide Federal Credit Union

Several members of our community have reported that Communitywide 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.

Details

Method of Verification Credit report
Notes -
Official Response (Email or Phone) -

Top Banks That Don’t Use ChexSystems

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

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 1555 W Western Ave South Bend, IN 46619-3742
Deposit Insurance NCUA
Established On -
CEO Andrew Burggraf
Headquarter Indiana
Number of Members 42,189
Community Bank -
Institution Class Federal Credit Union - Multiple common bond - other
Institution Type Credit Union
Credit Union Programs Brokered Deposits (all deposits acquired through a third party), Deposits and Shares Meeting, Brokered Certificates of Deposit
Low Income Designation Yes
Member of FHLB Yes
Total Assets $356,496,019
Asset Concentration -
Charter Number 18336
Routing Number 271291855
Membership Eligibility Donor Member of Michiana Goodwill Boosters or Marine Corps League of St. Joseph County. Employee or Retiree of certain approved Sponsor Employee Groups. Immediate family member of qualified member.
 

Services & Products

Accounts Offered -
Electronic Services Download Account History, e-Statements, Share Account Transfers, Loan Payments, Bill Payment, View Account History, Account Balance Inquiry, Share Draft Orders
Access to Electronic Services Audio Response/Phone Based, Home Banking via Internet Website, Automatic Teller Machine (ATM)
Services & Products: Credit Micro Consumer Loans, Participation Loans, Real Estate Loans, Overdraft Protection/ Courtesy Pay, Indirect Consumer Loans, Share Secured Credit Cards, Risk Based Loans, Refund Anticipation Loans
Services & Products: Depository -
Services & Products: Financial Education First Time Homebuyer Program
Services & Products: Other Bilingual Services, No Cost Bill Payer
Services & Products: Transactional Money orders, No surcharge ATMs, Check Cashing, ATM/Debit Card Program