Wondering if First Community Credit Union checks ChexSystems when you apply for a new account? The answer is no—they don’t use ChexSystems. That means if you’ve had banking issues in the past, your record won’t automatically disqualify you from opening a checking account.
ChexSystems tracks your banking activity, including unpaid fees, overdrafts, or closed accounts. These records can remain for up to five years and often cause problems when trying to open an account at most banks.
How ChexSystems Limits Your Banking Options
About 80% of banks and credit unions use ChexSystems reports when deciding whether to approve new accounts. If your record shows negative activity, your application might be denied before you even have a chance to explain what happened.
Fortunately, some financial institutions, like First Community Credit Union, choose not to rely on ChexSystems at all. That gives you more flexibility and a better shot at rebuilding your financial foundation.
First Community Credit Union’s Application Process
First Community Credit Union does not pull your ChexSystems report when you apply for a checking account. This makes it a welcoming option if you’ve had difficulties getting approved elsewhere.
Members can access several types of checking accounts with features such as direct deposit, online banking, and debit card access. Eligibility for membership is open to people who live, work, worship, or attend school in select communities, and in many cases, you can join by making a small donation to a partner organization.
Other Banks That Don’t Use ChexSystems
If you want to explore additional options beyond First Community Credit Union, several other banks also skip ChexSystems reviews and offer easy account approval.
SoFi
- Up to $300 sign-up bonus with direct deposit
- No minimum opening deposit
- Earn up to 3.80% APY
- Over 55,000 fee-free ATMs
- Early pay with direct deposit
Current
- Build credit and earn points with every swipe
- No minimum opening deposit or maintenance fees
- Get paid up to 2 days faster
- No credit check or ChexSystems
Chime
- Up to 3.75% APY on a high-yield savings account
- Over 47,000+ fee-free ATMs
- Up to $200 fee-free overdraft coverage
- Get paid up to 2 days early with direct deposit
Learn More
- Banks That Don’t Use ChexSystems – Take the first step to rebuilding your banking history with our list of banks that do not use ChexSystems for account approval.
- Credit Unions That Don’t Use ChexSystems – Find a credit union that will work with you, not against you. Learn about the credit unions that don’t use ChexSystems.
- Am I in ChexSystems? – Unsure if you’re in ChexSystems? Learn how to find out and take control of your financial status.
- How to Get Out of ChexSystems – Learn how to get out of ChexSystems in four simple steps.
- Second Chance Checking Accounts – Take control of your financial future with our list of over 250 banks that offer second chance checking accounts.
