There’s a wide variety of reasons why people don’t have a checking account. For one, a lot of people out there have a low credit score which tends to narrow down their options. Another reason may be that a growing amount of people are being blacklisted by ChexSystems, a consumer reporting agency in the U.S.
ChexSystems is used by approximately 85% of banks and credit unions throughout the country. During the application process, the bank will run ChexSystems to see how big of a risk you are. If you’ve ever been denied a checking account due to a bad banking history, there’s a good chance you’ve been reported to ChexSystems. Even though ChexSystems is used as a safety net for banks to weed out people who have committed fraud or identity theft, everyday people are also caught in the crossfire.
If you’ve experienced involuntary account closures, unpaid overdraft fees, or too many bounced checks, there’s a good chance you’ve been flagged by ChexSystems and blacklisted from most of the financial institutions in Pennsylvania. It’s our job at CheckingExpert.com to assist you in finding a bank or credit union that wants your business and can give you the account you deserve.
Some banks on our list offer second chance bank accounts, which are designed for anyone who has experienced past hardships with banking. Other options don’t use ChexSystems at all during the application. We are sure you’ll find a bank or credit union in Pennsylvania that will be happy to assist you.
Second Chance Banking in Pennsylvania for November 2023Open an account today!
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Best Second Chance Banks by State
To find more information and additional options available in your area, select your state from the list below and explore your options.