Banks That Don’t Use ChexSystems in Arkansas

Have you tried to open a checking account in Arkansas, but can’t get approved? It’s probably because you have a negative listing in ChexSystems. Most banks in Arkansas use ChexSystems to review your banking history.

Fortunately, you still have options. There are several banks that don’t use ChexSystems during the application process, and others that offer second chance checking.

Non-ChexSystems & Second Chance Banks in Arkansas

Take a look at this comprehensive list of banks and credit unions in Arkansas that either don’t use ChexSystems, or offer second chance checking accounts.

Chime

Our Top Pick
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Features & Benefits

  • Over 14.5 million downloads
  • No credit check or ChexSystems
  • No minimum opening deposit
  • Over 60,000 fee-free1 ATMs

With Chime®, bad banking history is not an issue. They offer an award-winning financial app, a debit card, and a credit builder Visa® credit card, all with no credit check.

The Chime Checking Account has no monthly fees:

  • no monthly maintenance fees
  • no foreign transaction fees
  • no minimum balance fees

You can also start building your credit7 with the Secured Chime Credit Builder Visa® Credit Card. It’s a secured credit card with no annual fees, no credit checks, and no interest charges1.

Chime has over 60,0001 fee-free MoneyPass® and Visa® Plus Alliance ATMs. Plus, you can get your paycheck up to 2 days earlier with direct deposit2. You can also deposit cash for free at over 8,500 Walgreens.

You can see why Chime is our #1 choice.

Chase

Our Second Pick
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Features & Benefits

  • No credit check or ChexSystems
  • $100 bonus after 10 purchases in 60 days
  • Over 16,000+ fee-free ATMs
  • Over 4,700 branches nationwide
  • $4.95 monthly service fee

Chase offers a checking account called Chase Secure Banking. The account comes with a Chase debit card that gets you access to over 16,000 fee-free ATMs.

Some features of this checking account include free online bill pay, free money orders and cashier’s checks, no overdraft fees, and no minimum opening deposit. However, there is also a monthly service fee of $4.95.

When you open a Chase Secure Banking account and make 10 qualifying purchases within 60 days, you’ll get a $100 cash bonus.

Account approval is immediate, and the debit card typically arrives within days.

Current

Our Third Pick
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Features & Benefits

  • No credit check or ChexSystems
  • No minimum balance or hidden fees
  • Fee-free overdraft up to $200 with Overdrive
  • 40,000 fee-free Allpoint ATMs in the U.S.
  • Get paid up to 2 days faster

Current is a financial technology company, not a bank. The company does not use ChexSystems or pull your credit report, and they have a lot to offer.

A Current mobile bank account includes fee-free overdraft protection of up to $200. Account holders also get access to over 40,000 fee-free Allpoint ATMs with your Current debit card, and there is no minimum balance or hidden fees.

You can also get paid up to two days early with direct deposit with a Current Premium account. Plus, Current offers up to 4.00% APY with Current Savings Pods.

U.S. Bank

U.S. Bank is offers the Smartly™ Checking account, which is currently available in 26 states across the United States.

If you live in one of the following 26 states where this account is available, you can apply online: AR, AZ, CA, CO, IA, ID, IL, IN, KS, KY, MN, MO, MT, NC, ND, NE, NM, NV, OH, OR, SD, TN, UT, WA, WI, WY.

You can earn up to $300 when you open a new Smartly™ Checking account and a Standard savings account, and complete qualifying activities. This offer is valid through February 28, 2023, and subject to certain terms and limitations.

The Smartly™ Checking account comes with a free debit card and the option to lock or unlock the card if it’s ever lost or stolen.

Plus, you’ll never have to worry about ATM transaction fees at U.S. Bank ATMs or surcharge fees at over 40,000 MoneyPass Network ATMs.

U.S. Bank uses ChexSystems, but it has a history of being more lenient with records than most banks.

As long as you don’t have a history of fraud, or you don’t owe any money to U.S. Bank, you may be able to open a checking account with them.

The minimum opening deposit for this account is just $25, and the monthly service fee is $6.95. However, you can avoid the monthly fee by maintaining a minimum balance of $1,500 or by having a minimum monthly Direct Deposit of $1,000.

Axos Bank

The Rewards Checking account from Axos Bank is an excellent choice for those looking for a bank account with no monthly maintenance fees, unlimited domestic ATM fee reimbursements, and cash back rewards.

With this account, you can earn up to 1.25% APY and enjoy up to a $100 Welcome Bonus. Additionally, you’ll have access to unlimited free mobile deposits and your funds will be FDIC insured up to $250,000.

There are no overdraft fees or non-sufficient fund fees to worry about, and no minimum balance requirements.

All you need is a $50 deposit to open the account, and Axos Bank doesn’t use ChexSystems or pull your credit report to open your account.

Aspiration

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Aspiration’s Spend & Save Account is a hybrid checking and savings account that is entirely online. There’s a $10 minimum opening deposit to get started.

With an Aspiration debit card, you get unlimited fee-free withdrawals at over 55,000 ATMs and one out-of-network ATM reimbursement per month. You can also get paid up to two days early with direct deposit.

You can earn up to 5.00% APY when you spend $1,000/month and deposits are FDIC insured.

Bank OZK

Bank OZK offers a second chance checking account called Pathway Checking. There’s a $50 minimum opening deposit, but no minimum balance requirement.

The monthly service fee is $10 and you won’t earn interest like some of Bank OZK’s other checking accounts.

Pathway Checking comes with a Visa debit card, plus unlimited check writing, online banking, and mobile banking. You also get bill pay, with 15 free payments a month and each one costing $0.50 after that. 

BOK Financial

BOK Financial uses ChexSystems for new accounts. However, they offer an Opportunity Banking account to help you get a second chance.

There’s a monthly fee with this option, which is $9.95 if you enroll in direct deposit, or $14.95 if you don’t. You get a debit card as well as online and mobile banking, and bill pay.

In addition to a large ATM network across the country, you can also request one overdraft fee refund each year.

The minimum opening deposit is $50. To save a monthly paper statement fee of $1.50, you can also switch to e-statements for free.

After you’ve managed your account well for a year, they could approve you for an upgraded checking account.

Cadence Bank

Cadence Bank offers several checking accounts that don’t use ChexSystems. Minimum opening deposits range from $25 to $1,000. However, for some checking accounts you can get the monthly fee waived by meeting certain requirements.

The accounts come with the basic features you’d expect, like a free debit card, online banking, and bill pay.

Diamond Bank

Diamond Bank’s second chance checking account is called Diamond Encore. The minimum opening deposit is at $100, but there is some flexibility with the monthly fee.

It starts at $10 but can be reduced to $8 per month when you enroll in direct deposit. Once you reach 12 months with no insufficient funds, you can switch to another checking account at Diamond Bank.

In addition to an instant-issue debit card, you get unlimited check writing and online and mobile banking services, including mobile deposit.

You can find Diamond Bank locations in Glenwood, Mount Ida, Hot Springs, Murfreesboro, Dierks, Nashville, Mineral Springs, Mena, Hope, DeQueen, Ashdown, Russellville, and Texarkana.

First Service Bank

First Service Bank is a non-ChexSystems bank and they also don’t use a credit report to approve new accounts. There are multiple checking accounts available, including Earn Checking, Earn 50+ Checking, Reward Checking, and General Checking.

The most accessible account for most people is General Checking. You’ll need a $100 opening deposit, but you can easily get the $5 monthly fee waived by enrolling in e-statements.

You can find multiple First Service Bank branches across Arkansas, including Conway, Clinton, Dermott, Flippin, Greenbrier, Little Rock, Marshall, Mountain View, Shirley, and Yellville.

Focus Bank

Fresh Start Checking is a second chance account available from Focus Bank designed to rebuild your financial history.

The monthly service fee is $7.95 but can be reduced to $5.95 by enrolling in e-statements. There’s no minimum balance with this account and it takes just a $50 deposit to get started.

You get a debit card with this account and can also purchase checks to use. Free benefits include online and mobile banking with check deposit. Focus Bank has Arkansas branches in Jonesboro, Marmaduke, and Paragould.

FSNB

FSNB doesn’t use ChexSystems or credit checks for new applicants. The minimum opening deposit is $5.

You’ll need to maintain a $75 balance to avoid paying the monthly $5.50 statement fee. Account holders get a Visa check card and free online banking.

Hope Credit Union

Hope Credit Union uses ChexSystems, but they aren’t as strict with negative entries as other financial institutions.

As long as the applicant has a credit score of at least 600, and doesn’t owe any money to Hope Community, HCCU is likely to open an account.

Hope CU offers five checking account options. Some of them have a $25 minimum balance requirement and as a $9.95 monthly fee. However, the fee is waived if the account has at least $200 in it.

Checking accounts come with unlimited paperless transactions, free online and mobile banking, free eStatements, and overdraft protection options.

Red River Credit Union

Fresh Start Checking from Red River can get you back into banking even if you don’t qualify for a traditional checking account because of your ChexSystems history.

There’s a $10 monthly maintenance fee, but you’ll receive an instant-issue debit card and the usual online banking features you’d see with regular accounts.

To qualify for membership at Red River, you must live, work, worship, volunteer or attend school in one of the following Arkansas counties:

  • Clark
  • Garland
  • Hempstead
  • Hot Spring
  • Howard
  • Lafayette
  • Little River
  • Miller
  • Nevada
  • Pike
  • Sevier

Alternatively, you can join if you have a family member who is already part of RRCU.

River Valley Community Federal Credit Union

You can qualify for River Valley Community Federal’s Fresh Start Checking account if you have a history in ChexSystems within the last five years.

There are some requirements you’ll need to meet, however. The record must be less than $300 and your charge-offs must be satisfied prior to opening the account.

Each month, you’ll pay a fee of $5 for Fresh Start checking. You’ll also need an opening deposit of $100, which will be placed on hold during the first 30 days. After 12 months of no instances of non-sufficient funds, you can upgrade to a traditional checking account.

To join River Valley Community FCU, you must live, work, or worship in one of the following Arkansas counties: Ouachita, Calhoun, Columbia, Union, or Dallas.

Southern Bancorp

Southern Bancorp is a non-ChexSystems bank with multiple checking account options. The most basic version is the Freedom Checking account.

It requires a $100 opening deposit but the $2.95 monthly fee can be waived with e-statements. It’s a no-frills account to get you back into banking.

It’s easy to find a Southern Bancorp branch in Arkansas. In fact, there are over 20 branches throughout the state.

Chime is a financial technology company, not a bank. Banking services and debit card provided by The Bancorp Bank N.A. or Stride Bank, N.A.; Members FDIC. Credit Builder card issued by Stride Bank, N.A.

1. Out-of-network ATM withdrawal fees may apply with Chime except at MoneyPass ATMs in a 7-Eleven, or any Allpoint or Visa Plus Alliance ATM.

2. Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer. Chime generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date.

7. To apply for Credit Builder, you must have received a single qualifying direct deposit of $200 or more to your Checking Account. The qualifying direct deposit must be from your employer, payroll provider, gig economy payer, or benefits payer by Automated Clearing House (ACH) deposit OR Original Credit Transaction (OCT). Bank ACH transfers, Pay Anyone transfers, verification or trial deposits from financial institutions, peer to peer transfers from services such as PayPal, Cash App, or Venmo, mobile check deposits, cash loads or deposits, one-time direct deposits, such as tax refunds and other similar transactions, and any deposit to which Chime deems to not be a qualifying direct deposit are not qualifying direct deposits.