Have you faced difficulties opening a checking account due to a negative banking history? If so, don’t worry—there are still plenty of banking options available to help you move forward, even if traditional financial institutions have turned you down.
ChexSystems is a consumer reporting agency that tracks specific banking activities such as overdrafts, unpaid fees, or closed accounts. These records can stay on your report for up to five years, potentially making it harder to open new accounts. Since approximately 80% of U.S. banks and credit unions rely on ChexSystems, it can be a significant obstacle for anyone with past financial difficulties.
United Bank’s ChexSystems Policy
If you’re considering opening a checking account with United Bank, you’ll be happy to know that they do not use ChexSystems when reviewing applications. This makes United Bank a great option for anyone looking for a fresh start, even if they’ve had past banking difficulties.
Alternatives Beyond United Bank
Although United Bank provides flexibility by not relying on ChexSystems, it’s not the only bank that offers this benefit. If you’re searching for additional choices, several other banks and credit unions also avoid using ChexSystems, giving you more opportunities to manage your finances successfully.
More ChexSystems-Free Options
If United Bank isn’t the right fit for your needs, there are plenty of other banks that don’t use ChexSystems. Here are three excellent options to consider:
U.S. Bank
- Up to $400 sign-up bonus
- $25 minimum opening deposit
- Monthly service fee can be waived
- Over 40,000 fee-free ATMs
SoFi
- Up to $300 sign-up bonus with direct deposit
- No minimum opening deposit
- Earn up to 4.50% 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
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.
Crediful is your go-to destination for all things related to personal finance. We're dedicated to helping you achieve financial freedom and make informed financial decisions. Our team of financial experts and enthusiasts brings you articles and resources on topics like budgeting, credit, saving, investing, and more.