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#1 05-26-2008, 06:52 PM

What are the odds of presently being in a Chapter 13 bankruptcy and being able to open up a checking account at a credit union? I've been told that credit unions check your credit reports. Also, I'm on chexsystems. I live in Ohio.

phoenix · #2 05-27-2008, 02:13 AM

As your name is in Checksystem, you will not be able to open a new checking account.

But you can still open a new checking account with a credit union, if it does not verify your new account with ChexSystems. But in such a circumstance donâ€™t rush. Before giving your money to a non-ChexSystems credit union, please verify that: -

The concerned credit union is National Credit Union Share Insurance Fund (NCUSIF) insured. You can check whether a Credit Union is insured by NCUSIF or not from http://www.ncua.gov/indexdata.html .

In addition, if you really want to have a checking account after chapter-13 bankruptcy then you can verify with your credit union whether it issues a Secured Checking Account. If such a provision is there then you can secure around $1000 to $2000 as guarantee for your checks that you will write every month. Then the credit union will provide unsecured checking account to you after a period of six months to one year.

Lukeskywalker · #3 05-27-2008, 03:34 AM

Phoenix and guest,

You can open a checking account with out going through chexsystems. I did and others have here too. I like this bank and they are online and offer all the traditional checking account prviees..

go to;

account.now (do the dot com thing) and take it from there.

any other questions, just pm me.

Thanks,
Luke

phoenix · #4 05-28-2008, 02:12 AM

I am giving name of the following Credit Unions which will help you to narrow down your search and get access of a checking account in Ohio state: -

1. Apple Creek Banking Company

2. Cintel Federal Credit Union

3. Charter One Bank

4. Provident Bank (a branch located in downtown Cleaveland)

5. Fifth Third Bank

6. National City Bank

7. First National Bank of Germantown

The following image will help you for further details.

Lukeskywalker · #5 05-28-2008, 03:21 AM

Guest, did you try account.now (dot com)? Let me know, thanks...

Luke

goudah2424 · #6 05-28-2008, 07:14 AM

There are many banks that do not use Chexsystems. These are real banks, not internet banks, and they are normal accounts.

MCA is our banking expert here, she has helped thousands of people find a checking account while on chexsystems.

PM her and she can help you find a bank or CU that will work for you.

mca · #7 05-28-2008, 02:46 PM

Apple Creek uses chexsystems now and has for some time

Provident Bank and Fifth Third Bank have second chance checking but many people are denied these accounts due to what the chexsystems report actually says... account abuse , fraud etc

The other banks that you ahve listed will generally deny those on chexsystems. yes there are times when they will amke exceptions. Many branch managers will make exceptions but again it depends on what the report actually says, how old the report is etc.

Lukeskywalker · #8 05-28-2008, 04:13 PM

Accountnow is a Real bank, I use if everyday.

mca · #9 05-28-2008, 05:52 PM

There are many pre-paids out there. Some are better than others when it comes to the fees that they charge. I would never recommend a pre-paid but there are some people out there that prefer them to a regular checking account. I believe as long as you can get a regular checking account, there is no reason to use pre-paids. It is not a real bank. The card is issued by a bank but account now is not a bank

Quote:

Monthly Fees - Fees we charge to maintain our service
Transaction Description Fee
Classic Plan $4.95
Premium Plan $9.95

Transaction Fees - Fees we charge for commonly used services
Transaction Description Fee
Activating your card Free
w/recurring direct deposit (otherwise; $9.95)
Adding Money via Direct Deposit or Cash
(Retail locations may charge a fee) Free
U.S. card purchases when using your signature Free
Transfering money from one card to another Free
Managing your account online, online statements Free
Paying your bills online with Bill Pay: not available for Classic Free
U.S. card purchases when using your PIN: Free for Premium
$1 for Classic
Calling and speaking to a customer service representative 1 FREE Call/month
$2.00 thereafter
Using ATM to obtain balance $1.00
Using a U.S. ATM to withdraw money $2.00
Using the automated phone system to obtain account information up to $0.50

Usage Limits - Dollar limits for typical transactions
Transaction Type Dollar Limits
Cash Withdrawals (ATM, MoneyShare) $500/day for those with
recurring Direct Deposits
(otherwise $300/day)
Card Purchases For signature purchases, $1,500/day
For PIN purchases, $1,000/day
Direct Deposits $5,000/day
Cash Deposits $950/day
Card-to-Card Money Share recipient $1,000/day
$3,000/month
Maximum balance at any given time $10,000

Optional Services - Fees we charge for less common services or transactions
Transaction Description Fee
Withdrawing cash if you go to a bank teller ("cash advance&quot

$4.95
Expedited delivery of your card (3 business days) $40.00
Have funds wired to you $20.00
Stop an online bill payment from being sent while in process $20.00
Ordering a new or replacement card $10.00
When you give the Routing number and Account number to make an unauthorized payment $5.00
Research and documentation fee (only applies when you request an authorization hold be removed, card account verification, card account balancing, make a false claim, etc.) up to $50
Requesting a check to bring your balance to zero when you close your account $15.95
Receiving a paper statement in the mail (if requested) $2.95
Using an International ATM to withdraw money $4.95
Currency conversion when making purchase in a foreign country 2.95%

goudah2424 · #10 05-29-2008, 12:50 PM

Thanks MCA - That is what i meant by "real bank" . . . .

mca · #11 05-29-2008, 04:07 PM

yw

anytime there is an affiliate program in relation to a pre-card, it is definitely not a bank. Many of these places try to advertise as if they are.

#12 12-18-2008, 06:56 PM

Does anyone know of any banks that may help me in CT? I have not claimed Chap 13, but I think I am about to do so. I have lost my checking account after losing my job in Jan '08 and having no income (the bank kept paying my monthly bills after I told them to stop.) I was overdrawn by $900 and have only been able to pay a third of it back. I just started working in October and trying to keep my house from going into foreclosure, so any monies went to that. I still owe my last bank $600. I just opened a new account with Bank of America with my new tenant's rent check of $400, but then that check BOUNCED! And they closed the account immediately, even though I showed up the next day with $1,000. Am I completely out of luck here? Help!

mca · #13 12-19-2008, 09:59 PM

CT is a hard one. Most banks and credit unions there use chexsystems. Many people are using the checking account with Fidelity there. Which bank reported you to chexsystems?

#14 06-02-2009, 10:43 PM

which bank can I use in mo that dont use chexsystems?

mca · #15 06-02-2009, 10:58 PM

hi guest, it really depends on exactly where in MO that you are. What is your zip code there?

#16 06-21-2009, 05:49 PM

I have an account with accountnow. They give you a checking account number and a routing number. I use them for 1 reason... I can not charge more than I have. If you go to a traditional bank if you do not have the money, they will let the fees go through highest to lowest and charge as many fees as they can. I also have a savings account with ING. These work for me. I get a credit/debit card with account now and can add up to 10,000 to my card. All for a fee of $10/ month. Most banks charge more that that with NSF fees and and minimum balance fees.

Look into that as well it may work for you. I have heard Telohio accepts chexsystems people. But I am not sure. Hope this help. Also heard Wamu doesn't check.