Banks That Don’t Use ChexSystems in New Mexico

Features & Benefits

• Up to $450 bonus
• Minimum opening deposit of $25
• Monthly service fee: $0 or $6.95
• Over 40,000 surcharge-free MoneyPass ATMs

Features & Benefits

• Up to 5.02% APY on savings
• Up to 2% cash back
• No minimum balance requirement
• No monthly fees or overdraft fees

Features & Benefits

• Sign-up bonus up to $300 with qualifying direct deposits
• No monthly fee
• Earn up to 4.50% APY on savings
• Over 55,000 fee-free ATMs

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

Features & Benefits

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

Features & Benefits

• Earn up to 4.00% APY
• No monthly fees
• No minimum balance requirements
• Over 30,000 fee-free ATMs

1st Convenience Bank doesn’t utilize a ChexSystems record check so you may get approved for an account. The most basic option is the e-Account. You won’t be able to write checks, but you do get a MasterCard debit card, plus perks like online and mobile banking.

The monthly fee is $7 but you can get it reduced to $5 by signing up for e-statements. It’s free to use Gold Key ATMs, otherwise, you’ll be charged $2.50 for out-of-network ATMs.

There are many 1st Convenience Bank locations placed in Walmarts throughout New Mexico, including Alamogordo, Albuquerque, Bernalillo, Clovis, Farmington, Hobbs, Las Cruces, Rio Rancho, and Roswell.

If you’ve had banking mistakes in your past, Bank of Albuquerque offers a second chance with their Opportunity Banking account. It comes with a monthly fee of $14.95, but that goes down to $9.95 per month if you have direct deposit totally at least $300.

The account provides you with a free Visa debit card, plus the usual features like online and mobile banking. You also get free ATM access to over 24,000 ATMs across the country.

Another nice perk is that you can get one overdraft fee refunded each year, as long as you initiate the request. There’s an additional monthly fee or $1.50 if you want paper statements, but you can elect to receive e-statements for free.

Additionally, you’ll need $50 to open the account. As the name implies, there are branch locations in and around the Albuquerque area.

Bank of the Southwest offers less stringent approval guidelines when it comes to having a history in ChexSystems. You might be able to get approved for a checking account if you’ve paid any outstanding fees to financial institutions and don’t have any records less than a year old.

Bank of the Southwest offers just a single personal checking account, and you’ll need to talk directly to a customer service representative to get approved.

To visit a branch in person, you can choose from multiple locations. There are branches in Roswell, Hatch, Las Cruces, Truth or Consequences, Elephant Butte, Farmington, Kirtland, and Bloomfield.

You can get Second Chance Checking from First American Community. There are a few restrictions that come along with the account, but also some nice benefits.

First, there’s no minimum monthly balance. Plus, you get standard features like online and mobile banking, bill pay, and free e-statements.

The monthly fee is $10, and you must start with a $50 opening deposit. Also, you’re limited to just 50 free transactions each month; thereafter, you’ll be charged $0.20 for each one.

After managing your account well for 12 months, you can upgrade to another checking account with First American Community.

There’s a branch location in Tse Bonito where you can learn more, or you can apply directly online. Before accessing the Second Chance Checking, you’ll need to become a member.

You may just need a valid photo ID to get approved for a checking account with Jemez Valley. But first, you’ll need to qualify for membership to the credit union.

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

To get started, you’ll need to first open a regular share savings account with a minimum deposit of $25. Then you can open up a draft checking account, which comes with no monthly fee and no minimum balance required.

If you keep at least $2,000 in your account, you’ll earn a modest 0.20% interest on your balance. There is one branch location in Jemez Springs, New Mexico.

Lea County State Bank offers Opportunity Checking, which allows you to take advantage of a traditional bank account.

You’ll need to start with $100 to open the account, and there are a few different fees to be aware of. If you sign up for Check Safekeeping, there’s no monthly fee, but you do pay $0.25 per check for the first ten checks, then $0.40 for each one thereafter.

If you don’t get Check Safekeeping, there’s a $4 monthly fee in addition to the same per check fees. Either way, you do get a Visa check card in addition to internet banking and bill pay. You can find Lea County State Bank branches in Hobbs and Lovington.

If Wells Fargo declines you for a standard checking account, you may still qualify for their “Clear Access Banking” account.

This second chance checking account has a monthly fee of $5. The only way to avoid it is if the primary account owner is 13 – 24 years old.

There’s a minimum opening deposit of $25. You get access to online bill pay, mobile banking, and over 13,000 ATMs free of charge.