If you live in Illinois and have a negative ChexSystems record, opening a bank account might prove difficult. The majority of banks and credit unions in Illinois use ChexSystems to monitor bank accounts state-wide.
If you’ve struggled with excessive non-sufficient funds (“NSF”) charges or haven’t been able to pay excessive bank fees, this throws up a red flag when you try to apply for an account at another bank or credit union. Worse, ChexSystems keeps this information for five years! That’s a long time without a bank account.
But there is a way you can get a new checking account. Look for banks and credit unions who don’t use ChexSystems or who offer so called second chance checking accounts. Both options offer you a strong opportunity to get a new account.
CheckingExpert has helped thousands of people just like you open second chance checking accounts. We’ve selected the best accounts in Illinois for 2020 based on acceptance rates, checking account features and benefits, and the accounts with the lowest fees. Best of all, you can open an account today!