If you’ve applied for a checking account and have been turned away because of a negative banking history, you are not alone. The majority of banks and credit unions in the U.S. use a consumer reporting agency called ChexSystems that will blacklist you from opening an account at other banks that also use ChexSystems.
You most likely have a report with ChexSystems if you’ve experienced things like involuntary account closures or unpaid debts at previous banking institutions. Once you’ve been reported to ChexSystems, it can be difficult to find a bank in Connecticut that will give you a second chance.
Fortunately, there are great account options out there if you know where to look. We’ve compiled a database of the best banks in Connecticut that offer second chance checking accounts that are designed for those that have experienced past banking mistakes. There are also banks that do not use ChexSystems at all during the application process that allow you to get the checking account you deserve.
Here are our top recommendations for anyone trying to get back into the banking system without having to sacrifice the benefits of a traditional checking account.
List of Second Chance Banks and Credit Unions in Connecticut for October 2022Open an account today!
Did we leave your financial institution off this list of The Best Second Chance Banks and Credit Unions in Connecticut? Has there been a change in any of the listings? Please let us know.