There are also some unforeseen circumstances which may bring some financial trouble. And once you have been reported to Chexsystems, you’ll find that you are unable to open new checking accounts again. So, you’ll have to look for some non Chexsystems banks or credit unions. In fact, there are also some good banks offering second chance banking services. If you live in Michigan, the following review of banks and credit unions is right for you.
Credit Union ONE‘s basic checking is a type of second chance checking designed for members with past banking problems. It has branches in Royal Oak, Sterling Heights, Berkley, Detroit, Farmington, Ferndale, Grand Rapids, Macomb, Rochester, Shelby Twp, Detroit, St. Clair Shores, Sterling Heights, Traverse City, Troy, Waterford, West Bloomfield and Westland, MI.
Clarkston Brandon Community Credit Union‘s Fresh Start Checking is designed for members who are at least 18 years old. Its service fee is $10/month. If the number’s NSF activities are no more than six and there is no negative balances, you can apply for the regular checking accounts of this credit union.
Cornerstone Community Financial Credit Union‘s Fresh Start Checking is a good second chance for those members with previous record on ChexSystems to start over. And a year later, there is also chance for you to transfer the special account into a basic checking account.
Key bank has many branch offices in Michigan. And if you have been marked by Chexsystems, you are suggested to apply for KeyBank Plus Check Cashing.