According to a report by the FDIC, 22% of all American adults are currently either unbanked or underbanked. This means that a huge portion of the population doesn’t have sufficient access to banking tools or doesn’t have a bank account at all. If you’ve experienced difficulties getting a checking account because of a negative banking history, odds are that you have been flagged by ChexSystems.
ChexSystems is a consumer reporting agency that the majority of banks use in the U.S. to help determine your eligibility for a checking account. If you’ve ever been unable to pay your overdraft fees from a previous banking institution or have made other common banking mistakes in the past, ChexSystems will flag that behavior making it more difficult to get an account elsewhere.
At CheckingExpert.com, we understand that people make mistakes and deserve a second chance. If you’ve been reported to ChexSystems or have a low credit score, that shouldn’t mean you aren’t able to get sufficient access to a checking account and quality banking services. Here is our list of the top second chance banks and credit unions in Nevada, plus options that don’t use ChexSystems at all during the application process.