If you recently applied for a checking account and were denied because of a negative banking history, you’re not alone. Approximately 85% of banks in Wyoming use a company called ChexSystems when you apply for a new checking account. If you have experienced several overdraft checks from another bank or have been unable to pay overdraft fees, ChexSystems will flag that behavior making it next to impossible to find a bank willing to work with you.
Granted, ChexSystems is the safety net for bank institutions to weed out people who have committed fraud or identity theft, but if you get caught in the net it can be crippling. And most of us absolutely require the use of a bank checking account to manage our money, pay bills, and receive direct deposits from an employer or government agency.
Fortunately, some banks and credit unions offer so-called No ChexSystems Checking Accounts and/or Second Chance Checking Accounts to help people rebuild their credit and financial histories. Our job at checkingexpert.com is to find those institutions in Wyoming that can assist you.
Here’s the list of banks in Wyoming offering these services:
The Best Second Chance Banks of 2020
List of the Best Second Chance Banks and Credit Unions in Wyoming
Financial Institution Product BBVA (Our Top Pick) BBVA Online Checking Chime Bank (Runner Up) Chime Spending & Savings Account Greater Wyoming Federal Credit Union FreshStart Checking Valley Federal Credit Union Opportunity Checking Wells Fargo Opportunity Checking WyHy Federal Credit Union Second Chance Share Draft Checking WYO Central Federal Credit Union 2nd Chance Checking
|BBVA (Our Top Pick)||BBVA Online Checking|
|Chime Bank (Runner Up)||Chime Spending & Savings Account|
|Greater Wyoming Federal Credit Union||FreshStart Checking|
|Valley Federal Credit Union||Opportunity Checking|
|Wells Fargo||Opportunity Checking|
|WyHy Federal Credit Union||Second Chance Share Draft Checking|
|WYO Central Federal Credit Union||2nd Chance Checking|
Did we leave your financial institution off this list? Has there been a change in any of the listings? Please let us know.