Banks That Don’t Use ChexSystems in New Mexico

SoFi doesn’t use ChexSystems and offers a no-fee checking and savings account with solid perks.

You can earn up to 3.30% APY on savings, access over 55,000 fee-free ATMs, and get paid up to two days early with direct deposit.

There are no overdraft fees, balance requirements, or monthly charges. You can also earn a sign-up bonus of up to $400 when you set up qualifying direct deposits.

Current doesn’t use ChexSystems or run credit checks, so approval is easy—even with a rough banking history.

There are no monthly fees, no minimum balance, and you get access to 40,000 fee-free ATMs.

You can also build credit by using your debit card—no loans, credit pulls, or interest charges.

Current includes fee-free overdraft protection up to $200 and lets you get paid up to two days early with direct deposit. Optional Savings Pods earn up to 4.00% APY.

Chime doesn’t use ChexSystems or run credit checks, so anyone can open an account.

There’s no monthly fee, no minimum opening deposit, and access to over 47,000¹ fee-free ATMs.

You can also build credit⁷ with the Secured Chime Credit Builder Visa® Credit Card—no annual fees, interest charges¹, or credit pull required.

Direct deposit users can get paid up to two days early², and cash deposits are free at over 8,500 Walgreens locations.

Stash offers a checking account that doesn’t require a credit check or ChexSystems approval, making it accessible if you’ve faced banking challenges in the past.

Each time you use your Stash debit card, you earn Stock-Back® rewards—fractional shares of stock in the companies where you shop.

You can also receive your paycheck sooner with early direct deposit, and there are no overdraft fees to worry about.

The account includes access to over 55,000 fee-free ATMs and is managed through the Stash app, which also features investing and money management tools.

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.