Getting approved for a checking account isn’t always easy—especially if you’ve had banking problems in the past. Many financial institutions use ChexSystems to review your history before deciding whether to open a new account.
ChexSystems records things like overdrafts, unpaid fees, and closed accounts. These entries can stay on your record for up to five years, which can make it harder to qualify for new accounts during that time.
How ChexSystems Can Affect Your Banking Options
Roughly 80% of banks and credit unions across the U.S. use ChexSystems to evaluate new applicants. If your record includes negative activity, your application might be denied automatically.
However, not every financial institution follows that approach. Some skip ChexSystems altogether, while others offer second chance checking accounts that give you an opportunity to rebuild your financial record and restore access to regular banking services.
Texas Trust Credit Union’s Policy on ChexSystems
Texas Trust Credit Union does not use ChexSystems when reviewing checking account applications. This makes it a strong option if you’ve had past banking issues or have been turned down elsewhere.
The credit union offers several checking account choices, from simple everyday accounts to ones with added perks. Their flexible approval process allows you to bank confidently without the barriers that ChexSystems often creates.
Alternatives to Texas Trust Credit Union That Don’t Use ChexSystems
If you’d like to explore other non-ChexSystems options, the following banks also make it easy to open an account and manage your money:
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.
