Banks That Don’t Use ChexSystems in Iowa

Struggling to open a checking account in Iowa due to a negative ChexSystems listing?

While most banks use ChexSystems to review your banking history, there are some that don’t. Additionally, some banks offer second checking accounts.

Non-ChexSystems & Second Chance Banks in Iowa

We’ve compiled a comprehensive list of Iowa banks and credit unions that allow anyone to open a checking account, regardless of their banking history.

U.S. Bank

Our Top Pick

Features & Benefits

  • Up to $400 bonus
  • Minimum opening deposit of $25
  • Monthly service fee: $0 or $6.95
  • Over 40,000 surcharge-free MoneyPass ATMs

The U.S. Bank 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.

SoFi

Our Second Pick

Features & Benefits

  • Sign-up bonus up to $300 with qualifying direct deposits
  • No monthly fee
  • Earn up to 4.60% APY on savings
  • Over 55,000 fee-free ATMs

The SoFi Checking and Savings account provides a multitude of benefits, including no overdraft fees, balance requirements, or monthly charges.

For a limited time, there’s an enticing sign-up bonus of up to $300 with qualifying direct deposits.

In addition, account holders can utilize 55,000 ATMs free of charge via the Allpoint® Network. Those establishing direct deposit are entitled to an annual percentage yield (APY) of 4.60% on their savings and 0.50% on checking accounts.

Direct deposit users also get the added benefit of early access to their paychecks – up to 2 days ahead, and they can earn up to 15% cash back at local businesses when they make transactions with the SoFi debit card.

Chime

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 checking account with a debit card, and a savings account, all with no credit check.

When you open a Chime Checking Account, you won’t have to worry about monthly maintenance fees, foreign transaction fees, or 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.

Current

Features & Benefits

  • Build credit just by using your debit card
  • No minimum balance or monthly fees
  • 40,000 fee-free Allpoint ATMs in the U.S.
  • Get paid up to 2 days faster
  • No credit check or ChexSystems

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.

With Current, your everyday purchases can now shape your financial future. Simply by swiping your debit card, you can build credit. No loans or credit checks needed. There are also no monthly or annual fees for this service.

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.

GO2bank

Features & Benefits

  • No ChexSystems or credit check
  • 4.50% APY on savings
  • Over 19,000 fee-free ATMs
  • $5 monthly fee can be waived

GO2bank is a neobank offered by Green Dot, a well-established financial technology company. Customers can open a checking account featuring subaccounts known as vaults without a minimum balance requirement.

GO2bank provides an attractive 4.50% APY on savings accounts for balances of up to $5,000. Access to funds is made easy through cash deposits at 90,000 retail locations and fee-free ATMs at 19,000 locations.

Additionally, customers can receive their pay up to 2 days in advance and government benefits up to 4 days early via direct deposit.

You can also opt for overdraft protection up to $200 with eligible direct deposits.

GO2bank offers the GO2bank Secured Visa Credit Card, which can assist customers in building their credit over time through responsible use.

The $5 monthly fee is waived when you receive payroll or government benefits through direct deposit.

Chase

Features & Benefits

  • $100 bonus after 10 purchases
  • No credit check or ChexSystems
  • 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.

Affinity Credit Union

You can qualify for a New Beginning checking account with Affinity if you want to rebuild a positive checking history. The minimum balance for an account is $5 and comes with online and mobile banking. To apply for an account, you must first be a member.

There are a couple of different ways to qualify for membership. The first is to live or work in Polk, Boone, Story, Marshall, Dallas, Jasper, Madison, Warren, Marion, Adams, Union, Page, Taylor, and Ringgold counties.

Alternatively, you can be an employee of one of their Select Employee Groups. Affinity is located in Des Moines, Iowa.

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.

Collins Credit Union

Collins uses ChexSystems, but also offers a second chance checking account called Take2. There is a $9.95 monthly fee and a $50 opening deposit requirement.

After 12 months of keeping your account in good standing, you can transfer to a standard checking account with Collins. Take2 comes with every modern banking tool currently on the market, including free mobile banking and free remote mobile deposit.

CCU has locations in Cedar Rapids, Johnston, Asbury, Clive, Dubuque, Des Moines, North Liberty, Marion, Iowa City, and Cedar Falls.

Membership is available to anyone who is an immediate family member of a current member or who is employed by a select employee group. If you live or work in certain counties within Iowa, you also qualify.

Dewitt Bank and Trust

Dewitt Bank and Trust runs a credit report to screen new applications instead of running a ChexSystems report. It has locations in Wilton and DeWitt, Iowa.

DeWitt currently offers five types of checking accounts. They are Totally Free Checking, Incentive Checking, High Interest Checking, 50+ Checking, and Interest Checking.

Totally Free Checking only requires a $25 opening deposit and doesn’t have any monthly fees or balance requirements. However, each account comes with a free box of checks, a debit card, online and mobile banking, bill pay, eStatements, and a “Thank You” gift.

Dubuque Bank & Trust

Dubuque Bank & Trust is a non-ChexSystems bank with locations in Dubuque, Epworth, Farley, and Holy Cross. It currently offers four types of personal checking accounts: Cash Rewards Checking, Free Checking with eStatements, Signature Series Checking, and Money Manager 5000.

Free Checking only requires a $25 opening deposit but is otherwise completely free provided you sign up for free eStatements instead of paper statements.

Dupaco

Dupaco doesn’t use ChexSystems, Telecheck, or EWS, but does check credit reports if you would like to get an ATM or debit card. Dupaco has 16 locations in Iowa in the following areas:

  • Cedar Falls
  • Waterloo
  • Cedar Rapids
  • Marion
  • Dubuque
  • Asbury
  • Dyersville
  • Manchester
  • Peosta
  • Carroll

Dupaco is also a part of the Co-Op Shared Branch network, which gets account holders free access to their account at over 5,000 locations across the nation.

They offer checking, savings and money market accounts. The free checking account only requires an opening deposit of $50, but there aren’t any fees or limitations on checks.

Farmers and Merchants Savings Bank

Farmers and Merchants Savings Bank is a non-ChexSystems bank. Instead, Farmers and Merchants only requires two forms of ID and will run a credit report. It has locations in Waukon and Decorah, Iowa.

Farmers and Merchants Savings Bank offers six types of checking products:

  • Express Checking
  • ePay Checking
  • Regular Checking
  • Student Checking
  • Now Checking
  • HSA Checking

Express Checking requires an opening deposit of $100. There’s a monthly fee of $5 unless your account balance is at or above $100.

You can have as many debit card transactions as you want per month, but there’s a $1 monthly fee. The account comes with free eStatements, check images, as well as online and mobile access.

Farmers Bank

Farmers Trust and Bank does not use ChexSystems, Telecheck or EWS to screen new applications. Instead, they only require two forms of ID and a credit report scan. As long as the credit report doesn’t show too many negative entries on it, you should be able to open an account.

Farmers Trust and Bank is located in Spencer, Iowa. They offer three types of checking accounts: Everyday, Campus, and Investor.

Everyday Checking requires an opening deposit of $100, as well as a minimum balance of $750. If your account balance falls below $750, there is a $4 monthly fee.

Farmers State Bank

Farmers State Bank runs an Equifax credit report on all new applications in lieu of using ChexSystems. They require that each new member have a credit report of at least 600.

There are locations in Cedar Falls, Dunkerton, Gilbertville, Independence, Jesup, La Porte City, Waterloo, and Waverly.

Farmers State Bank offers three types of checking products: Ultimate Checking, Green Checking, and Loyalty Checking.

Ultimate Checking does not require a minimum balance, nor is there a monthly service fee associated with this type of account. It comes with free eStatements as well as free online access.

Federation Bank

Federation Bank doesn’t use ChexSystems when screening new applications. Instead, they run a credit report check on all new accounts.

If the credit score is too low, you can open a Fresh Start Checking account, which is a type of second chance checking account. It comes with a $250 opening deposit requirement as well as a $6 monthly service fee.

Federation Bank has locations in Washington, Brighton, Richland, and Wellman.

First Trust and Savings Bank

First Trust and Savings Bank only runs a credit report check on new account applications instead of using ChexSystems. It has locations in Oxford and Coralville.

Once approved, you can choose from seven types of checking accounts. For their free checking account, there is no monthly fee or minimum daily balance requirement. It comes with unlimited check writing and only requires a $100 opening deposit.

Greater Iowa Credit Union

Greater Iowa is a ChexSystems bank, but it offers a second chance checking account called Fresh Start Checking. It doesn’t require an opening deposit, but you do have to pay a monthly fee of $5.

Locations for Greater Iowa include Ames, Des Moines, Denison, Indianola, and Waukee. To join, applicants must live or work within one of 33 counties that are within the field of membership.

Membership is also available to anyone who is an immediate family member of a current member or who works with a participating employer group.

Hills Bank and Trust Company

Hills Bank and Trust Company doesn’t use ChexSystems when screening new applications. Instead, they only run a credit report. All applicants are required to have a credit score of 580 for approval.

The bank has five locations in Cedar Rapids and Marion and offers eight types of unique checking accounts. Free checking is free to open and doesn’t have any monthly fees or balance requirements. It comes with online and mobile banking, as well as unlimited debit card transactions.

Home State Bank

Home State Bank is a non-ChexSystems bank. To approve new applications, Home State instead relies on credit reports. However, if you only want to open a savings account, they won’t do any type of screening.

Home State Bank is located in Jefferson, Iowa. They currently have a variety of checking accounts to choose from. Most accounts don’t have minimum balance requirements or monthly service fees.

All accounts come with free online and mobile banking, as well as free online bill pay and free eStatements.

Iowa Falls State Bank

Iowa Falls State Bank doesn’t use ChexSystems, Telecheck, or EWS. Instead, they run a credit check and require two forms of ID; one of which must be government issued.

Iowa Falls has locations in Iowa Falls and Williams, and offers four types of checking accounts: Premier, Value, Rewards, and To Go Checking.

Rewards Checking doesn’t require a minimum balance and comes with free online bill pay and eStatements. There’s a monthly service fee of $5 if you don’t use your debit card at least 10 times a month.

Iowa State Bank

When opening a checking or savings account, Iowa State Bank and Trust will run a credit report check. It doesn’t use ChexSystems during any stage of the application process.

Iowa State Bank and Trust has two branch locations and four ATMs in Fairfield, Iowa.

They currently offer six types of checking accounts: Free Kasasa Cash Back, Free Kasasa Cash, Siler Advantage Account, ISB Interest Bearing Account, Regular Checking, and Free Checking.

Both Free and Regular Checking require an opening deposit of $100 but don’t have a balance requirement. Free Checking doesn’t have any monthly fees, whereas Regular Checking charges $1 a month as well as $0.10 per debit card use.

Keystone Savings Bank

Keystone Savings Bank is a non-ChexSystems bank. To screen new applications, Keystone instead uses Telecheck, and if you want a debit card they’ll also run a credit report.

You’ll find locations in Center Point, Keystone, Marengo, Pleasant Hill, and Victor. Keystone offers a variety of checking accounts for its customers, but their most popular checking account is Economy Checking.

The account only requires an opening deposit of $100 but doesn’t come with a minimum balance requirement. If you want paper statements, there’s a $3.00 monthly charge, but other than this charge (which is easy to avoid), there aren’t any monthly service fees.

Marine Credit Union

Instead of using ChexSystems, MCU runs a TransUnion credit report on new applications. They don’t state what their minimum credit score is, but if you don’t qualify, they do offer a Credit Builder account.

It’s a type of second chance checking account and you can transfer to a standard checking account after you’ve kept your account in good standing for 12 months. There’s a $55 opening deposit requirement, a $5 monthly fee, and you must set your account up with direct deposit.

Though Credit Builder is a second chance checking account, it comes with every digital banking tool currently on the market. Marine has locations in Des Moines, Davenport, Decorah, Muscatine, and West Des Moines.

MBT Bank

MBT runs an Equifax credit report on new applications in lieu of ChexSystems. They have locations in Lake Mills, Forest City, Clear Lake, and Crystal Lake. You can apply entirely online provided you have a means of submitting a picture or scan of your ID.

MBT has four types of checking accounts for its members to choose from: GoPlus Checking, Go Checking, GoEasy Checking, and GoSmart Checking.

GoEasy Checking requires an opening deposit of $100, but doesn’t have any monthly service fees or balance requirements. It comes with free online and mobile banking, remote mobile deposit, bill pay, as well as a debit card.

Midland Credit Union

Midland doesn’t use ChexSystems when screening new applications. Instead, they run a credit report. As long as the report doesn’t show too many negative entries, you should be able to open an account.

You can find Midland locations in Urbandale and Pleasant Hill, Iowa. To join you must either live or work in Story, Jasper, Marion, Warren, Madison, Dallas, or Boone County. You may also join if you have an immediate family member who is already a member, or if you work with a participating employer group.

Checking accounts with Midland are free and you can earn monthly dividends on balances greater than $500.

North Star Community Credit Union

North Star Community runs a credit report on new applications instead of using ChexSystems. They have locations in Cherokee, Ida Grove, and Sheldon. To become a member, you must live or work in one of the following counties:

  • Buena Vista
  • Cherokee
  • Clay
  • Crawford
  • Dickenson
  • Ida
  • Lyon
  • Monoa
  • O’Brien
  • Osceola
  • Plymouth
  • Sac
  • Sioux
  • Woodbury

North Star offers various checking accounts. Their Share Draft account doesn’t have a balance requirement, but does charge a $3.21 monthly service fee. The Minimum Balance Share Draft is free but comes with a $300 balance requirement.

Peoples Trust and Savings Bank

Peoples Trust and Savings Bank does not use ChexSystems to screen new applications, but instead only relies on credit reports.

Peoples Trust has locations in Adel, Clive, Grand Junction, Guthrie Center, Jefferson, Ogden, Rippey, Scranton, and Waukee.

You can choose from four types of checking accounts:

  • Rewards Interest Checking
  • Rewards Checking
  • Direct Checking
  • Interest Checking

Rewards Checking has a $5 monthly fee, but doesn’t have a minimum balance requirement. It comes with online and mobile banking, free bill pay and free eStatements.

It also comes with identity protection, discounts when you shop locally, plus roadside assistance as well as cell phone protection.

R.I.A. Federal Credit Union

R.I.A. Federal doesn’t use ChexSystems, Telecheck, or EWS. They do, however, run credit reports on new applications.

R.I.A. has Iowa locations in Bettendorf, Rock Island, Fort McCoy, Moline, Tomah, Wilton, Davenport, Savanna, Milan, and Silvis. Membership is available to the immediate family of current members and anyone who lives or works within 30 miles of a branch location.

R.I.A. offers four checking accounts, but their Smart Checking account doesn’t have any monthly service fees or balance requirements and comes with every modern banking tool on the market.

River Community Credit Union

River Community doesn’t use ChexSystems to screen new applications. For standard checking accounts, they do run credit reports. But if you just want a savings account, they won’t do any kind of screening.

River Community is located in Ottumwa, Iowa and offers just one personal checking account. This Share Draft account comes with a free debit card and doesn’t have any monthly fees or balance requirements.

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. The secured Chime Credit Builder Visa® Credit Card is issued by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used everywhere Visa credit cards are accepted. Please see the back of your card for its issuing bank.