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 Firstmark 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 for identity only (soft pull)|
|Official Response (Email or Phone)|
Our system uses TeleCheck.
Below you will find banks that don’t use ChexSystems as an alternative to Firstmark 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.
|Main Office||2023 Gold Canyon Dr San Antonio, TX 78232-1703|
|Number of Members||95,333|
|Institution Class||Federally Insured State-Chartered Credit Union|
|Institution Type||Credit Union|
|Credit Union Programs||Brokered Deposits (all deposits acquired through a third party)|
|Low Income Designation||Yes|
|Member of FHLB||Yes|
|Membership Eligibility||EVERYONE who lives, works, worships or attends school in Bexar County, PLUS all Public School Districts in Bexar County and the twelve surrounding counties; all employees of Colleges and Universities in Bexar County and the twelve surrounding counties; College/University Seniors pursuing Texas Education Agency certification whose permanent residences are located within one of the thirteen counties (Atascosa, Bandera, Bexar, Comal, Dimmit, Frio, Guadalupe, Kendall, La Salle, McMullen, Medina, Wilson, and Zavala); Employees of most private schools; Employees of professional educational organizations; Retired school employees--regardless of where in the United States they worked; Employees/members of select employee groups and associations meeting Board approved criteria; family members of persons who died while within the field of membership of this Credit Union; Members of the family of any of the above groups|
Services & Products
|Electronic Services||External Account Transfers, Share Draft Orders, New Share Account, Account Aggregation, Bill Payment, e-Statements, Account Balance Inquiry, Share Account Transfers, New Loan, Loan Payments, Remote Deposit Capture, Member Application, Electronic Signature Auth./Cert., View Account History, Download Account History|
|Access to Electronic Services||Mobile Banking, Automatic Teller Machine (ATM), Home Banking via Internet Website, Audio Response/Phone Based|
|Services & Products: Credit||Credit Builder, Participation Loans, Real Estate Loans, Overdraft Protection/ Courtesy Pay, Interest Only or Pymt Option, Indirect Consumer Loans, Micro Consumer Loans, Share Secured Credit Cards, Risk Based Loans, Business Loans, Overdraft Lines of Credit|
|Services & Products: Depository||Share Certificates with low minimum balance requirement, Business Share Accounts, Health Savings Accounts, No Cost Share Drafts|
|Services & Products: Financial Education||Financial Education, First Time Homebuyer Program, In-School Branches|
|Services & Products: Other||No Cost Bill Payer, Student Scholarship, Insurance/Investment Sales|
|Services & Products: Transactional||ATM/Debit Card Program|