If you have poor financial credit, many banks will consider you a risk. Banks consider a financial risk, someone who has bounced checks, kited checks, accrued NSF fees, or even had a negative balance for a specific amount of time. Oftentimes, once your poor credit has been noticed you will no longer be extended the opportunity to bank with ChexSystems banks.
ChexSystems is an agency that collects data on financial customers. They monitor for risks in order to protect banks and credit unions from extending services to people who have a habit of being financially irresponsible. While in the ChexSystems database, you will be ‘blacklisted’ for 5 full years.
However, almost every state has what are sometimes called ‘no credit check banks’ or ‘non-ChexSystems banks’ which provide services to customers with bad credit. These financial institutions accept you, knowing that you are a risk. By using their services you are able to rebuild your credit while learning how to properly use your accounts. However, this does not come for free. These banks usually make you put down a deposit or some sort of collateral in order to use their banking services.
Missouri has several financial institutions that are Non ChexSystems Banks. You may want to start with them and see if they can provide the services you are looking for. Of course, the Internet is a great resource to find Non ChexSystems banks.
Please note that the information about non chexsystems banks changes each year (even month). We cannot guarantee any of the banks listed won’t do a non chexsystems check (though at the time of compiling, these banks don’t require a chexsystems check). You will have to call the banks to see.
We recommend trying to apply for the BBVA Compass ClearConnect Checking Account. This bank account can be applied for nationally and they have a reputation for giving accounts to customers with bad banking history — like you.
Even better, if you get your application rejected, they will offer you their Second Chance ‘BBVA Compass Easy Checking‘ Account. So either way, you should be able to get an account.
Non Chexsystems Banks in Missouri
Armed Forces Bank (888) 929-2265
Team Financial (800) 749-7113 **Now Named Great Southern Bank**
Second Chance Accounts in Missouri
Alliance Credit Union FreshStart Checking
Bank of Kansas City Opportunity Checking
Central Bank of the Midwest Fresh Start Checking
Columbia Credit Union Fresh Start Checking
Electro Savings Credit Union Fresh Start Checking
First State Community Bank New Opportunity Checking
Focus Bank Fresh Start Checking
Health Care Family Credit Union Fresh Start Checking
Missouri Credit Union Smart Start Checking
Montgomery Bank Montgomery New Start Checking
National Bank of Kansas City Fresh Start Checking
St. Johns Bank & Trust Fresh Start Checking
St. Louis Community Credit Union Second Chance Checking
Town & Country Bank Opportunity Checking
United Consumers Credit Union Second Chance Checking
United Credit Union Second Chance Checking
Vantage Credit Union Fresh Start Checking
Wood & Huston Bank StartFresh Checking
More Non ChexSystems Banks in the US by State