If you have ever tried to open a bank account and been denied, it could be because you have shown up on the ChexSystems database. ChexSystems is an agency that collects financial information on customers who repeatedly show they are a risk to banks. This includes when you have 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. Your name and information will be held on file for 5 full years, thus preventing you from having interactions with financial institutions that subscribe to their service.
However, most states have what are sometimes called ‘last chance banks’ or ‘non-ChexSystems banks’ which provide services to customers with bad credit. These financial institutions accept you, knowing that you are a risk. This can mean that they may require a deposit to be held in reserve, in case of NSF fees, etc. or it may mean that they require some form of collateral. Either way, you are able to rebuild your credit by using these alternative banks or credit unions.
Utah, however, does not have any banks or credit unions that are listed as ‘no credit check banks.’ You may want to call your local banks and credit unions and ask them about possible alternatives.
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 Utah
The Associates Capital Bank (435) 628-3695
The Bank of Ephraim (435) 283-4621
Alpine Credit Union (801) 225-0256
Garfield Credit Union (801) 968-9911
Grantsville Federal Credit Union (435) 884-3804
Jordan Credit Union (800) 866-1655
The Metro West Credit Union (801) 532-1375 – Salt Lake County
The Trans West Credit Union (801) 572-6003
Second Chance Accounts in Utah
American United Federal Credit Union FreshStart Checking
Cyprus Credit Union Fresh Start Checking
More Non ChexSystems Banks in the US by State