Banks That Don’t Use ChexSystems in New Mexico

U.S. Bank is now inviting new customers to take advantage of a special online promotion:

• Earn up to $400 when you open a new U.S. Bank Smartly® Checking account and complete qualifying activities.
• Subject to certain terms and limitations. Offer valid through May 6, 2025. Member FDIC.
• Offer may not be available if you are an existing U.S. Bank customer or live outside of the U.S. Bank footprint.

The 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.

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 can earn up to 3.80.00% APY on their savings and 0.50% APY on checking accounts.

Direct deposit users also get the added benefit of early access to their paychecks – up to 2 days ahead.

Current lets you open a mobile bank account without ChexSystems checks or credit pulls. It’s built for speed, flexibility, and getting your finances back on track.

You can build credit just by using your Current debit card—no loans, credit checks, or interest charges involved. There are no monthly or annual fees for this feature.

Current also offers fee-free overdraft protection up to $200, access to over 40,000 Allpoint ATMs, and no minimum balance requirements.

With a Premium account, you can get paid up to two days early with direct deposit. Current also offers up to 4.00% APY through its Savings Pods, which lets you earn interest while keeping your money accessible.

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.

Upgrade doesn’t pull your ChexSystems report, but they do look at your credit report.

The Upgrade Rewards Checking account has no monthly fees and no overdraft fees. You’ll also get a free Visa debit card, and up to 2% cash back on everyday debit card purchases.

The Upgrade Premier Savings account delivers an impressive 4.02% APY, giving you a remarkable opportunity to grow your savings faster.

You’ll get access to over 55,000 fee-free ATMs through the Allpoint network, including Walgreens and CVS locations. Plus, checking account customers can qualify for up to 20% lower rates on Upgrade loans and credit cards.

Their most basic account option is the e-Account, which doesn’t allow check writing but includes a MasterCard debit card and access to online and mobile banking.

The account comes with a $7 monthly fee, but this can be reduced to $5 by signing up for e-statements. You can use Gold Key ATMs for free, but there’s a $2.50 fee for out-of-network ATMs.

1st Convenience Bank has branches inside Walmarts throughout New Mexico, including locations in Alamogordo, Albuquerque, Bernalillo, Clovis, Farmington, Hobbs, Las Cruces, Rio Rancho, and Roswell.

The account has a monthly fee of $14.95, which can be reduced to $9.95 if you have direct deposits totaling at least $300.

With this account, you’ll receive a free Visa debit card and access to online and mobile banking. You also get free access to over 24,000 ATMs nationwide.

Additionally, you can request one overdraft fee refund per year. If you prefer paper statements, there’s a $1.50 monthly fee, but e-statements are available for free.

You’ll need $50 to open the account, and Bank of Albuquerque has locations in Albuquerque, Los Lunas, Rio Rancho, and Santa Fe.

If you’ve settled any outstanding fees and don’t have any recent records, you might be able to open a checking account.

They offer a single personal checking account, and you’ll need to speak with a customer service representative for approval.

Bank of the Southwest has branches in several locations, including Bloomfield, Elephant Butte, Farmington, Hatch, Kirtland, Las Cruces, Roswell, and Truth or Consequences.

There’s no minimum monthly balance, and you get access to online and mobile banking, bill pay, and free e-statements.

The account has a $10 monthly fee and requires a $50 opening deposit. You’re limited to 50 free transactions per month, with a $0.20 fee for each additional one. After 12 months of maintaining your account in good standing, you can upgrade to a different checking account.

You can visit the Tse Bonito branch to learn more or apply online. Membership is required before accessing the Second Chance Checking.

You’re eligible if a family member is already a member, or if you live, work, or own property in the Jemez Valley or Rio Rancho School district.

To begin, you’ll need to open a regular share savings account with a $25 minimum deposit.

Once that’s set up, you can open a draft checking account, which has no monthly fees and no minimum balance requirement. If you maintain a balance of $2,000 or more, you’ll earn 0.20% interest.

Jemez Valley has branches in Jemez Springs and San Ysidro, New Mexico.

The account includes unlimited check writing, online banking, bill pay, mobile banking, and the option for e-statements.

If you prefer paper statements, there’s a $5 monthly fee. The account has a flat monthly fee of $10.

Lea County State Bank has branches in Hobbs and Lovington.

It’s a great option for those looking to repair or build their credit, or for those who have been turned down for traditional checking accounts.

The account comes with a $3 monthly fee and no overdraft fees. It includes a free debit card, which gives you access to over 30,000 CUAnytime, surcharge-free ATMs.

You also get access to free banking tools, including Zelle, online banking with bill pay, and mobile banking. With free direct deposit, you can receive your paycheck up to two days early.

US Eagle Federal Credit Union has branches in Albuquerque, Bernalillo, Santa Fe, and Farmington.

This second chance account is designed for those who might not qualify for traditional banking options due to past financial difficulties.

The account comes with a monthly fee of $5, which can only be waived if the primary account holder is between the ages of 13 and 24.

To open the account, a minimum deposit of $25 is required. Once established, you’ll have access to a range of convenient features, including online bill pay and mobile banking.

Additionally, customers can take advantage of Wells Fargo’s vast network of over 13,000 ATMs, available free of charge.

Wells Fargo has branches in several New Mexico cities, including Alamogordo, Albuquerque, Anthony, Artesia, Carlsbad, Farmington, Las Cruces, Las Vegas, Roswell, and Santa Fe.