Are you aware that there are many, many banks out there – both online and offline – that do not necessarily base their decisions on your ChexSystems rating? Do you know that there are also banks out there that do not use ChexSystems at all when they are deciding whether or not to grant approval for a checking account? This is what many people do not realize and might have a difficult time accepting when they have been denied a checking account elsewhere. There are many backs as well as credit unions that will seriously work with you no matter what.
The one thing that you are likely to say right away is that you really haven’t got the foggiest idea about where to look for the information you need. Information about exactly which banks do not use ChexSystems as a means of verification can be a bit difficult to find if you have no idea what you are really looking for. Well my friends, you are going to find out rather quickly when you do a search for banks that do not use the ChexSystems services that there is a good deal of information out there. This is both a good and a bad thing to be sure. It is good so that you know what is what out there online; yet it is base because you are not always going to be able to find the exact information that you want.
We have a bit of a different way of going about that here folks. Only 20 percent of the banks in the United States will fall into the category of banks that do not use ChexSystems as their primary source of credit and financial records information. The thing that you might not know is where to even begin looking for what you need. You might think that using a search engine is going to get you exactly the information that you need; well, think again about that folks. That will become information overload for many reasons.
Here are the names of a few of the banks that we have found that do not use ChexSystems as their primary source of information when it applies to account verification. Please keep on mind that these banks are both online and offline as well. These are solely online banks and banking sources that you might want to consider: PayPal, NetBank, Marketplace Bank, RBC Centura (this one was once Security First Network Bank/SFNB), TD Waterhouse Online Bank, USAA, Frost National Bank, nBank.com, Wescom Credit Union, Clarity Bank, Skylight Bank, American Express Membership Banking, Bank Caroline and Yahoo! PayDirect. There are also some Internet/online banks that you really want to avoid like the plague as well; eBank.com and BankDirect.com are two of these. Each state in the U.S. does have at least 2 banks and credit unions that either do not exclusively use ChexSystems as a verification tool for new account or will take that information into account along with other credit information.