Choosing the right bank or credit union is an important decision. In a study by the FDIC, approximately 6.5% of households in Nebraska are “unbanked”, meaning no one in the household has a checking or savings account. When making the decision to open an account, you want to make sure you find a financial institution that meets your needs and offers the best possible account.
If you have bad credit or a bad banking history, finding a bank or credit union that offers you a second chance can be even more challenging. Maybe you’re having trouble getting approved for a traditional checking account because of your credit history. Or maybe you’ve been blacklisted by ChexSystems, a consumer reporting agency that’s used during the application process at most banking institutions in the country.
If you’ve experienced several overdraft checks from another financial institution or haven’t been able to pay overdraft fees, ChexSystems will flag that behavior making it next to impossible to find a bank willing to give you an account.
Even if you’ve been reported to ChexSystems, our job at CheckingExpert.com is to help you find a bank or credit union that will work with you. Oftentimes banks offer second chance bank accounts specifically for those with marks on their ChexSystems report. There are also banks out there that don’t use ChexSystems at all! Here’s our list of the best banking institutions in Nebraska that can help you narrow down your options.