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.
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.
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.
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.
Chime accepts all customers who apply. Even if you have bad or poor credit or have been blacklisted by ChexSystems or credit bureaus.
Apply NowThe 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. Post-Tribune Crown Staffing SalesMark, Inc. Eurest 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 | |