Institutions Members Source Credit Union

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

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

Several members of our community have reported that Members Source 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 Source 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 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 8580 Virginia St Merrillville, IN 46410
Deposit Insurance NCUA
Established On -
CEO Charles C Donovan
Headquarter Indiana
Number of Members 7,949
Community Bank -
Institution Class Federally Insured State-Chartered Credit Union
Institution Type Credit Union
Credit Union Programs Brokered Certificates of Deposit
Low Income Designation No
Member of FHLB No
Total Assets $72,096,836
Asset Concentration -
Charter Number 68562
Routing Number 271991210
Membership Eligibility Persons working or residing in Lake County, IN, Porter County, IN, LaPorte County, IN and Jasper County, IN as well as employees, family members and retirees of the organizations below are eligible for membership at Members Source CU:
Alterra Sterling House of Merrillville
Law Offices of Allan J. Mindel
American Traders, Inc. (Royal Music and Pawn King)
MassMutual Financial Group
Bryan's Florist
Meals on Wheels of Northwest Indiana
Campbell Ads, L.L.C.
Mi Tierra Restaurant
Cancer Health Treatment Centers, P.C.
Modrak Operating Group (McDonalds)
Chevigny Personnel, Inc.
NiSource & Subsidiaries of NiSource
Comprehensive Benefits Group, Inc.
Crown Staffing
SalesMark, Inc.
Schyler and Associates, Attorneys at Law
Everyday Office Supply, Inc.
Strack & Van Til (Merrillville & Crown Point)
Four Friends, Inc. (Crossroads Subway)
Swanel Beverage, Inc.
G.A. Foods Group (Amelia's Market, County Market, Pick 'n Save)
Ultra (Merrillville & Crown Point)
Investments Analysis Group, Inc.
University of Phoenix
J.W. Maintenance

Services & Products

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