Does Members Credit Union Use ChexSystems? Is it Good for Bad Credit?

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

Members Credit Union

Several members of our community have reported that Members 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 Members 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.

Learn More
Main Office
2098 Frontis Plaza Blvd Ste A Winston-Salem, NC 27103-5779
Deposit Insurance
Established On
Jack v Braswell, Jr.
North Carolina
Number of Members
Community Bank
Institution Class
Federally Insured State-Chartered Credit Union
Institution Type
Credit Union
Credit Union Programs
Low Income Designation
Member of FHLB
Total Assets
Asset Concentration
Charter Number
Routing Number
Membership Eligibility

You live in a 25 mile radius of Hope Mills, NC.

You live, work, worship, or go to school in Surry, Wilkes, or Yadkin County.

You live, work, worship, or go to school in Sampson or Duplin County.

Accounts Offered
Electronic Services
View Account History, Bill Payment, Account Balance Inquiry, Download Account History, e-Statements, Share Account Transfers, New Loan, Loan Payments, Other (Online check images)
Access to Electronic Services
Audio Response/Phone Based, Automatic Teller Machine (ATM), Home Banking via Internet Website
Services & Products: Credit
Real Estate Loans, Credit Builder, Overdraft Lines of Credit
Services & Products: Depository
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, Bilingual Services, No Cost Bill Payer, Student Scholarship
Services & Products: Transactional
No surcharge ATMs, ATM/Debit Card Program