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 Neighbors 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 Neighbors 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||6300 S Lindbergh Blvd St. Louis, MO 63123-7804|
|Number of Members||42,278|
|Institution Class||Federally Insured State-Chartered Credit Union|
|Institution Type||Credit Union|
|Credit Union Programs||Brokered Certificates of Deposit, Approved Mortgage Seller, Mortgage Processing|
|Low Income Designation||Yes|
|Member of FHLB||Yes|
You are eligible for Neighbors Credit Union membership if you meet one of the following criteria:
You live or work within St. Louis City (MO), St. Louis County (MO), St. Charles County (MO), Jefferson County (MO), St. Clair County (IL), Madison County (IL) or Monroe County (IL).
You have a relative that lives or works within St. Louis City (MO), St. Louis County (MO), St. Charles County (MO), Jefferson County (MO), St. Clair County (IL), Madison County (IL) or Monroe County (IL).
Services & Products
|Electronic Services||Download Account History, Internet Access Services, Bill Payment, e-Statements, Account Balance Inquiry, Account Aggregation, Electronic Signature Auth./Cert., Share Account Transfers, Loan Payments, Remote Deposit Capture, View Account History, External Account Transfers, New Share Account, Share Draft Orders, Merchant Processing Svs, Member Application|
|Access to Electronic Services||Audio Response/Phone Based, Home Banking via Internet Website, Mobile Banking, Automatic Teller Machine (ATM)|
|Services & Products: Credit||Real Estate Loans, Participation Loans, Business Loans, Overdraft Protection/ Courtesy Pay, Indirect Business Loans, Indirect Consumer Loans, Share Secured Credit Cards, Risk Based Loans, Credit Builder, Overdraft Lines of Credit|
|Services & Products: Depository||No Cost Share Drafts, Business Share Accounts, Share Certificates with low minimum balance requirement|
|Services & Products: Financial Education||First Time Homebuyer Program, Financial Literacy Workshops, Financial Education, Financial Counseling|
|Services & Products: Other||Bilingual Services, Student Scholarship, Insurance/Investment Sales, No Cost Bill Payer|
|Services & Products: Transactional||Check Cashing, ATM/Debit Card Program, Money orders|