Established in 1938, Great Lakes Credit Union is a not-for-profit financial cooperative serving in Cook County, McHenry, Lake, Illinois and Kenosha, Wisconsin, IL. Great Lakes CU can provide both deposit accounts and various loan products for its members. Plus, GLCU offers insurance and investment services too.
One of the GLCU’s featured products is its Fresh Start Checking which is designed to offer a good second chance. So, no matter you are marked by Chexsystems or have a history of poor credit, it is a new opportunity to rebuild the history of credit. If you want to apply for the account, you’ll be required to study and pass a “BalanceTrack module”. There is a balance requirement of at least $50. And the monthly maintenance fee is $10. With the 2nd chance checking account, you’ll enjoy many great benefits which can allow you to have a convenient financial life.
The checking account will come with free visa card, online bill pay, internet banking and telephone banking. Plus, there is a chance for you to convert the special account into other checking accounts of the credit union after a year’s good standing.