If you have poor financial credit, many banks will consider you a risk. Risky behaviors include 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.
Approximately 80 percent of US banks subscribe to ChexSystems. However, almost every state has what are sometimes called ‘last chance banks’ or ‘non-ChexSystems banks’ which provide services to customers with bad credit. These customers ay have to deal with non ideal situations, but it is better than doing without a bank account.
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.
Wyoming has no financial institutions that are Non ChexSystems Banks. You may want to contact your local banks to see if them would be willing to work with you. You can also go to the Internet to find if there is a new bank that is a non ChexSystems bank. It is worth the effort to do the research to find out if you can become a customer of one of these banks as it is extremely difficult to do without a bank account.
If you don’t want to spend the time and effort trying to open a Non ChexSystems Account, this company can help you find an alternative checking account solution.
Also make sure to check out our updated list of Non ChexSystems banks.
Non ChexSystems Banks in Wyoming
Greater Wyoming Federal Credit Union Freshstart Checking
WyHy Federal Credit Union Second Chance Share Draft
WYO Central Federal Credit Union 2nd Chance Checking
Valley Federal Credit Union Opportunity Checking
More Non ChexSystems Banks in the US by State