Considering IRCO Community Federal Credit Union or already applying for its account? Find out whether IRCO Community 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.
Several members of our community have reported that IRCO Community 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.
Below you will find banks that don’t use ChexSystems as an alternative to IRCO Community 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.
|Main Office||450 Hillcrest Blvd Phillipsburg, NJ 08865|
|CEO||Jacalyn L Frey|
|Number of Members||9,053|
|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|
|Membership Eligibility||Become a member if you Live, Work, Shop, Attend School, Worship or Volunteer in Phillipsburg or Alpha, or the NJ townships of Franklin, Greenwich, Harmony, Lopatcong or Pohatcong and membership now open to the PA counties of Northampton and Lehigh.|
Services & Products
|Electronic Services||Account Balance Inquiry, Share Account Transfers, New Loan, Loan Payments, Mobile Payments, Other (employment application), Member Application, Download Account History, Bill Payment, Merchandise Purchase, View Account History, Share Draft Orders, e-Statements|
|Access to Electronic Services||Mobile Banking, Automatic Teller Machine (ATM), Audio Response/Phone Based, Home Banking via Internet Website|
|Services & Products: Credit||Real Estate Loans, Risk Based Loans, Participation Loans|
|Services & Products: Depository||Business Share Accounts, Share Certificates with low minimum balance requirement, No Cost Share Drafts|
|Services & Products: Financial Education||Financial Counseling, Financial Education|
|Services & Products: Other||Insurance/Investment Sales, Student Scholarship, No Cost Bill Payer|
|Services & Products: Transactional||ATM/Debit Card Program, Check Cashing, Money orders|