Institutions Midwest America Federal Credit Union

Does Midwest America Federal Credit Union Use ChexSystems? Is it Good for Bad Credit?

Considering Midwest America Federal Credit Union or already applying for its account? Find out whether Midwest America 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.

Midwest America Federal Credit Union

Several members of our community have reported that Midwest America 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.

Top Banks That Don’t Use ChexSystems

Below you will find banks that don’t use ChexSystems as an alternative to Midwest America 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.

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 1104 Medical Park Dr Fort Wayne, IN 46825-5826
Deposit Insurance NCUA
Established On -
CEO Gregory E Mohr
Headquarter Indiana
Number of Members 56,750
Community Bank -
Institution Class Federal Credit Union - Multiple common bond - primarily other manufacturing
Institution Type Credit Union
Credit Union Programs Mortgage Processing, Deposits and Shares Meeting, Approved Mortgage Seller, Brokered Certificates of Deposit
Low Income Designation Yes
Member of FHLB Yes
Total Assets $497,047,964
Asset Concentration -
Charter Number 1427
Routing Number 274973141
Membership Eligibility

Live, work, worship, attend school in the underserved area consisting of Allen, Barren and Monroe Counties, Kentucky. Businesses and other legal entities located in Allen, Barren and Monroe counties, Kentucky can also qualify;


Services & Products

Accounts Offered -
Electronic Services View Account History, New Loan, Share Account Transfers, Loan Payments, Member Application, Download Account History, Bill Payment, Account Balance Inquiry, Share Draft Orders, e-Statements
Access to Electronic Services Home Banking via Internet Website, Mobile Banking, Audio Response/Phone Based, Automatic Teller Machine (ATM)
Services & Products: Credit Business Loans, Participation Loans, Real Estate Loans, Overdraft Protection/ Courtesy Pay, Indirect Business Loans, Direct Financing Leases, Indirect Consumer Loans, Risk Based Loans, Micro Business Loans, Overdraft Lines of Credit
Services & Products: Depository Business Share Accounts, Share Certificates with low minimum balance requirement, No Cost Share Drafts, Health Savings Accounts
Services & Products: Financial Education Financial Education, Financial Literacy Workshops, First Time Homebuyer Program, Financial Counseling
Services & Products: Other No Cost Bill Payer, Bilingual Services, Insurance/Investment Sales
Services & Products: Transactional Check Cashing, ATM/Debit Card Program