When it comes to having a bank account, it’s understandable why people don’t choose to have one. A survey by the FDIC cites that a large percentage of unbanked people don’t have enough money to meet minimum balance requirements or simply don’t trust banks to keep their money safe.
But what about those who want an account but are blacklisted from most banks due to their bad banking history? If you fall into this category, you may have been reported to ChexSystems. This consumer reporting agency is used by the majority of banking institutions in the country and keeps a database of customers’ banking history in an attempt to weed out people who have committed fraud or identity theft.
Unfortunately, many people get caught in the crossfire and are blacklisted from other banks because they have been unable to pay overdraft fees or have experienced several overdraft checks from previous banks. Our job at CheckingExpert.com is to assist you in finding a bank that understands your situation and wants your business!
There are many banks and credit unions in Indiana that offer second chance checking accounts that are designed for anyone that has gone through past financial hardships. In addition, there are plenty of options out there that won’t even look at your ChexSystems record. Here are our top recommendations that can assist you in getting the checking account you deserve.
List of Second Chance Banks and Credit Unions in Indiana 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 Indiana? Has there been a change in any of the listings? Please let us know.