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 Gate City Bank 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||ChoicePoint|
They are not using ChexSystems at all and will approve anyone. It has been reported that as long as you do now them any money that they will approve you. Anyone living in the state of ND can get an account here.
Email from person that got an account - Wanted to let you know that Gate City Bank in North Dakota and Minnesota have opened the doors wide open. They used to be a strict ChexSystems institution, but recently they dropped their affiliation with ChexSystems and are accepting anyone. Of course it is preferred that you be a Minnesota or North Dakota resident (although I know of no policy where they would not open an account to someone from another state). All they did was run our drivers license and Social Security numbers through their system and we were approved just like that!! I'm sure the typical advice would apply. You must not owe Gate City any money.
|Official Response (Email or Phone)|
In response to your message, we use a program called ChoicePoint to verify new account customers.
Below you will find banks that don’t use ChexSystems as an alternative to Gate City Bank 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||500 Second Avenue North Fargo, ND 58102|
|Established On||Jan. 1, 1923|
|Number of Members||-|
|Institution Class||Savings association, state or federal charter, supervised by the Office of Thrift Supervision (OTS)|
|Credit Union Programs||-|
|Low Income Designation||-|
|Member of FHLB||-|
|Asset Concentration||Mortgage Lending Specialization|
Services & Products
|Access to Electronic Services||-|
|Services & Products: Credit||-|
|Services & Products: Depository||-|
|Services & Products: Financial Education||-|
|Services & Products: Other||-|
|Services & Products: Transactional||-|