Getting a bank account in Mississippi isn’t as hard as it seems, even if you have a history in ChexSystems. While many banks and credit unions seemingly punish you for months or even years after one or more financial mistakes, you do have options available.
In fact, you have a diverse range of options for non-ChexSystems banks and second chance accounts in Mississippi. From online options to local credit unions, and even some large regional and national banks, explore your choices to make your next banking move a smart one.
Here’s the comprehensive list of Mississippi banks and credit unions that don’t require a clean slate to get a checking account that meets the needs of your everyday lifestyle.
BBVA Compass ClearConnect Free Checking
With just a $25 opening deposit, you can open the ClearConnect Free Checking account from BBVA Compass, which doesn’t use ChexSystems. There’s no monthly service fee with this account, nor is there a minimum balance required after it’s opened.
ClearConnect Free Checking comes with all the perks you’d expect from an online bank and anyone in Utah can apply. Included is a free Visa debit card, plus online and mobile banking. When you need to use an ATM, you can get free access at any Allpoint or BBVA Compass machine. There’s also a free cash back rewards program that allows you to earn points each time you use your debit card.
BancorpSouth’s Second Chance Checking account can help you get back into banking once they’ve reviewed your check writing history. It’s unclear what their exact eligibility criteria includes, but it does say it requires a limited approval through ChexSystems. If you are approved, you could upgrade to a traditional checking account in 12 months as long as you don’t have any overdrafts of bad checks.
What comes with Second Chance Checking? You get unlimited check writing plus a MasterCard debit card. It also comes with online banking and access to BudgetWi$e, an online budgeting tool. The monthly service fee is $10 and you need $50 as an opening deposit. BancorpSouth has multiple branches throughout Mississippi, which are particularly clustered around Gulfport, Biloxi, and Hattiesburg.
BankPlus offers an education program that allows you to access bank accounts as well as loans, all while helping you rebuild your banking and credit history.
It’s called CreditPlus, and it’s a course centering around financial literacy to help you manage your money better. Once you complete the course, you can establish a CreditPlus checking and savings account. If you’ve been stuck in the payday lending cycle, you can also then apply for a CreditBuilder loan.
BankPlus has more than 30 branch locations throughout the state of Mississippi.
Chime Bank is an online bank that doesn’t use ChexSystems. The checking account is free and you don’t have to worry about an opening deposit. It’s particularly beneficial if you use direct deposit for your paychecks because you can get your money as soon as two days faster than usual.
You get a debit card and can manage your account through a mobile app, making it a convenient digital experience. There’s also a savings account available that you can link to your Chime checking.
Citizens National Bank
You can apply for Citizens National Bank’s Clean Slate Checking account. If you keep your account in good standing for 18 months, you can then upgrade to a traditional checking account. Get started with Clean Slate Checking with a $50 opening deposit, then pay a monthly service fee of $9.95. That can be reduced by $2 if you sign up for direct deposit.
Once your account is opened, you’ll get a debit card, online banking, and mobile banking. You can also take advantage of text banking and Apple Pay. When you need in-person service or support, you can find Citizens National Bank branches in the following locations:
- Olive Branch
Rather than using ChexSystems, First Bank uses Telecheck to approve checking account applications. There are multiple account options to choose from. The most basic one is Regular Checking, which has just a $5.95 monthly fee that can be waived if you keep $500 in your account. The opening deposit is $100.
First Bank has 17 locations throughout Southwest Mississippi, including Brookhaven, Hattiesburg, Liberty, Madison, Magnolia, McComb, Monticello, Osyka, and Summit.
First National Bank of Picayune
First National Bank of Picayune also uses Telecheck rather than ChexSystems. The three checking account options include Choice, Choice PLUS, and Max Checking. With Choice Checking, you only need a $50 opening deposit. If you keep at least $50 in your account, you’ll get the $6 monthly fee waived.
There are six First National Bank of Picayune branches located in Picayune, Poplarville, and Wiggins.
Fort Sill National Bank
Fort Sill National Bank offers a Basic Checking account that, unlike other accounts, requires no credit check. The account takes just $5 to open, then you’ll pay $5.50 monthly unless you keep at least $75 in your account. If you have at least a $500 balance, you’ll start to accrue interest.
You also get a Visa check card, savings roundup, and unlimited check writing. You can find Fort Sill National Bank locations in Madison and Jackson, Mississippi.
Gulf Coast Community Federal Credit Union
You can get a New Chance Checking account from Gulf Coast Community Federal Credit Union. To qualify, your ChexSystems record can be unpaid and less than one year old. If you’ve paid your outstanding fees already and they’re more than a year old, you can apply for any account you want.
The New Chance Checking account has a $15 monthly fee and requires a $100 opening deposit, but there is no minimum balance requirement. For transactions, you get a free Visa debit card, plus unlimited check writing. After a year of no more than two NSF charges, you can apply for a traditional checking account. Gulf Coast Community Federal Credit Union has branches in Gulfport, Bay St. Louis, and D’Iberville.
Hope Community Credit Union
Hope Community Credit Union’s Easy Checking account is designed for individuals who want to rebuild their banking history, have never had a checking account before, or use payday lenders.
There’s a $9.95 monthly fee and a $25 minimum balance. You can, however, get the monthly fee waived if you maintain a $200 minimum balance. The account comes with unlimited paperless transactions, but no paper checks.
There are 14 Hope Community Credit Union branches in Mississippi, plus countless more across the South. You can also take advantage of online and mobile banking with the Easy Checking account.
Magnolia Federal Credit Union
Opportunity Checking is a second chance account from Magnolia Federal Credit Union. It takes a $20 opening deposit, plus an account opening fee of another $20. If you sign up for direct deposit, you’ll pay just $15 per month, but the fee jumps to $20 if you don’t sign up for direct deposit.
In addition to the standard banking features and services you can enjoy with the Opportunity Checking account, Magnolia FCU also offers some pretty substantial incentives to keep your account in good standing. After 12 months of perfectly managing your account, you can switch to any other checking account, plus be rewarded with a $100 savings deposit. Magnolia Federal Credit Union has branches in Jackson, Brandon, Madison, and Yazoo City.
MUNA Federal Credit Union
MUNA Federal Credit Union has a Fresh Start Checking account if you’ve had trouble managing past checking accounts. You’ll receive a Visa debit card and pay a monthly fee of $10.50. To apply, you must go into a branch and speak directly to a customer service representative. MUNA FCU is located in Meridian, Mississippi. To join, you must live, work, or worship in Lauderdale County.
You may be able to qualify for an account with PriorityOne Bank based on your credit report rather than your ChexSystems record. Their Keep It Simple Checking account is a basic option that helps you with your everyday banking needs. It takes a $50 deposit to get started, then you’ll pay $7 per month unless you maintain a minimum daily balance of $100 or more.
Keep It Simple Checking does come with anywhere banking services, including online banking, bill pay, and mobile banking with deposit. Mississippi locations for PriorityOne Bank include branches throughout Covington County, Lamar County, Rankin County, Scott County, Simpson County, and Madison County.
Renasant Bank doesn’t use ChexSystems, so you may get approved for one of their checking accounts. The most basic option you’ll find is Renasant Checking, which includes online banking tools to keep you connected to your account on the go.
The monthly fee is $8 per month but you can easily get that waived by either maintaining a balance of $500 or signing up for e-statements. You get both a debit card and unlimited check writing with Renasant Checking. You’ll find branches across the state of Mississippi.
UNIFY Financial Credit Union
From Unify Financial Credit Union comes the Right Start Checking account. There’s no minimum balance required and it takes just $25 to open your account. You get e-banking access plus no monthly or per-check fees. You can even receive overdraft protection up to $250. There’s one branch in Mississippi, located in Blue Springs.
For people who have had trouble opening a standard checking account, you can apply for Opportunity Checking through Wells Fargo. The initial deposit required is $25 and there are several ways to avoid the $10 monthly fee. First, you can use your debit card 10 times a month; you can maintain a daily balance of $1,500 or more, or sign up for direct deposit of at least $500 a month.
You get all of the typical banking features as you would with other accounts, including mobile banking. Wells Fargo also offers My Spending Report with Budget Watch to help you stay on top of your finances each month. There are branch locations throughout Mississippi to visit as well.
Woodforest National Bank
Second Chance Checking from Woodforest National Bank is another way to get a checking account in Mississippi, regardless of your banking history. There’s a one-time setup fee of $9, plus a $25 opening deposit required. Each month you’ll pay $9.95 if you sign up for direct deposit or $11.95 without it. There’s a $3 fee for paper statements, but you’ll get that waived if you opt for e-statements.
Where can you find Woodforest National Bank locations in Mississippi? There are branches in Walmarts across the state where you can go to sign up for Second Chance Checking.