If you’ve ever been denied a checking account because of negative banking history, you’re not alone. The positive thing is that there are still banks and credit unions that offer more flexible options.
ChexSystems is a consumer reporting agency that tracks things like unpaid fees, overdrafts, and account closures. These records can stay on your ChexSystems report for up to five years and may limit your ability to open new bank accounts.
Since about 80% of U.S. banks and credit unions rely on ChexSystems, it’s important to know where you stand before applying.
U.S. Bank’s ChexSystems Policy
Yes, U.S. Bank does use ChexSystems to screen new account applicants. However, they tend to be more forgiving than many other major banks. A negative ChexSystems record doesn’t automatically mean rejection.
U.S. Bank often gives applicants a second chance—especially if the issues are minor, old, or don’t involve fraud or money owed directly to them. This means that even if you’ve had previous banking problems, you may still qualify for a checking account at U.S. Bank.
What to Expect During the Approval Process
U.S. Bank’s approval process includes reviewing your ChexSystems report and other financial factors. If your past banking issues were small or you’ve made progress in rebuilding your financial habits, you might still get approved.
U.S. Bank offers several types of checking accounts, including the U.S. Bank Smartly Checking Account, which is designed for customers looking for easy access and flexible features. You can apply online or in person, and you’ll typically receive a decision quickly.
Best Alternatives to U.S. Bank That Don’t Use ChexSystems
If your ChexSystems report prevents you from opening an account with U.S. Bank, there are other great options that don’t rely on ChexSystems at all. These banks focus on accessibility, fast approvals, and easy account management—perfect if you’re rebuilding your financial foundation.
SoFi
- Up to $300 sign-up bonus with direct 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
Stash
- Earn stock with every purchase through Stock-Back® Rewards
- Access to over 55,000 fee-free ATMs
- No overdraft fees on debit card purchases
- 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.
