You don’t have to let your banking past dictate your future chances of qualifying for a checking account in Louisiana. Even if you have a ChexSystems record, you can often still successfully apply for a bank account — if you know where to look. This is especially true if your record is due to charged-off accounts or insufficient funds.
Rather than thinking that you’re stuck with cash cards and paper bills in your wallet, start thinking about getting back into the banking system. There are plenty of options available throughout Louisiana, from large banks with tons of perks to smaller credit unions with top-notch customer service.
Check out this comprehensive list of non-ChexSystems and second chance checking accounts and see which ones work based on your qualifications and physical location. Each bank offers different services and charges different fees for their various accounts. Do a little exploring, fill out an application, and you’ll be back to banking in no time.
BBVA Compass is an online bank that uses EWS when screening new members. They only require a $25 initial deposit to open an account, but they don’t charge a monthly service fee or require a minimum balance amount.
Online and mobile banking are completely free, as is bill pay. Members don’t pay ATM withdrawal fees as long as they use BBVA Compass or Allpoint ATMs. This is a completely online banking option and is available in all 50 states, including Louisiana.
From New Orleans to Baton Rouge (and everywhere in between), Chime Bank is another great option for Louisianans looking for a simple-to-use checking account. The bank is all digital, which means you’ll get a great financial product with no fees.
Chime’s mobile banking account carries no minimum opening deposit or account balance, and you won’t have to worry about overdraft fees, withdrawal fees, or foreign transaction fees. So long as you stick to in-network ATMS, of which there are more than 38,000, you won’t have to worry about ATM fees, either.
You’ll also get access to a top-of-the-line suite of mobile banking tools, including remote check deposit, automatic round-up savings, instant transaction notifications and more. And if you’re paid via direct deposit, you’ll get access to your hard-earned funds up to two days earlier than you would at other banks.
Bank of Montgomery uses Telecheck when verifying new accounts. It has three locations throughout Louisiana in Montgomery, Alexandria, and Natchitoches. It has seven checking accounts for members to choose from.
Most applicants will likely be more interested in the Economy option, as it only requires a $100 initial deposit and a minimum balance of $500. If your account falls below $500, there’s a monthly service fee of $7.50.
Regardless of which checking account you choose, all members get access to unlimited check writing, free online banking, and free mobile banking. The free mobile app allows members to view their account balance, make transfers, and remote deposit checks.
Community Bank of Louisiana does not use ChexSystems or EWS, but it does require a form of government-issued ID. It currently has eight locations throughout Louisiana: Stonewall, Shreveport, Mansfield, Logansport, Gloster, and Bossier City.
Community Bank offers seven checking accounts. For its traditional checking account, there’s a $7 fee if your account falls below $1,000. However, if you keep an account with them for five years or more, there is no service fee regardless of how much money you have in your account.
Crescent Bank uses Telecheck during each applicant’s screening process. At the moment, Crescent Bank has three branch locations in New Orleans, Metairie, and Covington, Louisiana, and it offers two checking accounts for its members: Personal and Personal Now Checking.
The Personal Checking account is probably the most obtainable across the board, as it only requires an initial deposit of $100 (compared to $1,000 with Personal Now). Each does have minimum balance requirements if you don’t want to incur any monthly fees.
If your account drops below $299 or less with basic Personal, the most your monthly service fee would be is $10. Each account gets you unlimited check writing, free eStatements, and free ATM withdrawals from Crescent Bank ATMs.
Home Bank has locations all throughout southern Louisiana and uses Telecheck when screening new applications. It currently offers three types of checking accounts, Choice Checking, Interest Checking, and eBanking Checking.
All of these options come with the following perks:
- Free debit card
- Free online banking
- Free ATMs
Each account requires an initial deposit of $100, but the monthly service is different for each. For Choice Checking, the monthly service fee is $8, for eBanking it’s $5, and for Interest, it’s $10. Choice Checking provides more ATM access, as account holders can get $10 cashback if they visit a surcharge ATM.
La Capitol FCU has four locations throughout Baton Rouge, Hammond, and Houma, Louisiana. Instead of using ChexSystems, they use Telecheck to screen new members.
Currently, La Capitol offers five types of checking accounts: Choice Plus, Simple Plus, Choice, Simple, and Liquid Assets. The monthly fee is $8 unless you have a minimum balance of $1,000. The fee can be waived if you have 10 or more ATM transactions a month and at least $500 directly deposited in your account every month.
Neighbors FCU uses Telecheck in lieu of ChexSystems when screening new applications. To join, you must live, work, worship or attend school in one of its nine participating parishes to be eligible. The nine participating parishes include East Baton Rouge, Pointe Coupee, Ascension, St. Helena, East Feliciana, West Baton Rouge, Iberville, West Feliciana, and Livingston.
Currently, Neighbors FCU has 12 branches and is also a part of a shared branch network. It has locations in Baton Rouge, West Denham Springs, Port Allen, Prairieville, Zachary and Walker, Louisiana.
Neighbors FCU has five checking account options for its members to choose from. Only one account has a monthly service fee, but it’s only $4.95 a month and comes with a variety of benefits, such as roadside-assistance and Identity theft protection.
New Orleans Firemen’s Federal uses Telecheck when screening new applicants. To become a new member, you must be current or retired New Orleans firefighters, be employed by a select employer, or live work, worship or attend school in a nearby area.
Accepted locations include St James Parish, Tangipahoa Parish, Plaquemines Parish, certain parts of New Orleans East area, and the City of Picayune.
New Orleans Firemen’s FCU offers several checking account options. Regardless of which account you choose, you’ll get free mobile and online banking, free bill pay, unlimited check writing, a free debit card, and no monthly service fee.
WESLA Federal uses Telecheck instead of ChexSystems while screening new applications. Currently, WESLA has three branches and 16 ATM locations located throughout Shreveport, Louisiana.
To become a member, you must live, work or worship in Caddo or Bossier Parish and make a minimum deposit of $25 into a new savings account. $5 of the $25 is a one time fee, but the rest goes into your new savings account.
WESLA offers three types of checking accounts, but its free checking option doesn’t have any monthly service fees or minimum balance requirements. Regardless of which account you choose, all members get a free debit card, unlimited check writing, overdraft protection, and ScoreCard Rewards.