Recently denied a checking account? Been told by your bank that your account has been closed? Just learned about a mysterious company called ChexSystems that helped determine your banking fate? You’re not alone. Over 150,000 households in Missouri are in the same boat.
The vast majority of Missouri banks and credit unions use ChexSystems to help them identify customers who have bounced too many checks, not paid the fees and charges for returned checks, or even committed fraud. If you’re blacklisted in the ChexSystems database, that record remains for 5 years!
The problem is that you can’t simply go to another bank or credit union to open a new account. That bank or credit union is using ChexSystems too!
Luckily, there are a few banks and credit unions in Missouri who understand your situation and want your business. They know mistakes happen and that good people need access to the financial system. Because the only other choices are check-cashing companies, payday loans, or stashing cash under your bed. These are horrible options that many of us believe are our only alternatives.
We’ve scoured Missouri for banks and credit unions who offer second chance checking accounts. And the good news is that there are several to choose from. Some are located in Missouri and others are national banks who offer very attractive accounts you can open online.
CheckingExpert has helped thousands of people just like you open second chance checking accounts. We’ve selected the best accounts in Missouri 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!
The Best Second Chance Banks of 2020
List of the Best Second Chance Banks and Credit Unions in Missouri
|BBVA (Our Top Pick)||BBVA Online Checking|
|Chime Bank (Runner Up)||Chime Spending & Savings Account|
|Bancorp South||Second Chance Checking|
|Banterra Bank||Restart Checking|
|BOK Financial||Opportunity Checking|
|Columbia Credit Union||Fresh Start Checking|
|Electro Savings Credit Union||Fresh Start Checking|
|First State Community Bank||New Opportunity Checking|
|Focus Bank||Fresh Start Checking|
|Great Southern Bank||Second Chance|
|Health Care Family Credit Union||Fresh Start Checking|
|Landmark Bank||Rebound Checking|
|Montgomery Bank||New Start Checking|
|Navy Federal Credit Union||Various Accounts|
|St. Louis Community Credit Union||Second Chance Checking|
|Town & Country Bank||Take Control Card Account|
|United Consumers Credit Union||Second Chance Checking|
|United Credit Union||Restore Checking|
|US Bank||Safe Debit Account|
|Wells Fargo||Opportunity Checking|
|Wood & Huston Bank||StartFresh Checking|