If you’ve had trouble opening a checking account because of past banking problems, you’re not alone. Many people face this challenge and wonder which financial institutions are more flexible when it comes to account approval.
Langley Federal Credit Union is one of several credit unions that take a more inclusive approach to banking, making it easier to get back on track.
Why ChexSystems Can Create Banking Barriers
ChexSystems is a consumer reporting agency that collects information about banking activity, including unpaid fees, overdrafts, and account closures. This data helps banks assess risk when new customers apply for checking accounts.
Because roughly 80% of U.S. banks and credit unions rely on ChexSystems, a record with negative information can make it difficult to open a new account. These records remain on file for up to five years and can follow you from bank to bank.
Langley Federal Credit Union’s ChexSystems Policy Explained
Langley Federal Credit Union does not use ChexSystems when reviewing account applications. If your ChexSystems report includes negative information, it will not affect your ability to open an account with LFCU.
This approach makes Langley Federal Credit Union an excellent choice for anyone looking to rebuild their financial foundation and regain access to essential banking services.
How Langley Federal Credit Union Supports Members
LFCU offers several account options designed to make everyday banking simple and affordable. Members can take advantage of low-fee checking accounts, mobile banking tools, and competitive savings options. The credit union’s inclusive policies make it possible to manage your finances without unnecessary screening barriers.
Additional Banks That Don’t Use ChexSystems
Langley Federal Credit Union isn’t your only option. These banks also skip ChexSystems and make it easier to open an account—even if you’ve had past banking issues.
SoFi
- Up to $300 sign-up bonus with direct deposit
- No minimum opening deposit
- Earn up to 3.60% 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.
