You may have had trouble managing your checking account in the past, but that doesn’t mean you deserve a fresh start. Most banks review your financial history by looking at your ChexSystems record, which can divulge things like past debt to banks, excessive overdrafts, and non-sufficient funds. This can result in automatic disapproval when reviewing your application.
Oregon is home to several banks that can help you get back into banking. Some use alternative review processes, while others offer second chance banking that comes with specific limitations. Either way, you have the potential to get approved so you can have a more convenient and affordable banking experience.
Non-ChexSystems & Second Chance Banks in Oregon
Take a look at our comprehensive list of banks in Oregon that don’t use ChexSystems or offer second chance checking accounts.
With Chime, bad banking history is not an issue. They offer an award-winning financial app, a debit card, and a credit-builder Visa credit card, all with no credit check.
The Chime Spending Account is 100% free and has no monthly fees:
- no overdraft fees
- no monthly maintenance fees
- no foreign transaction fees
- no minimum balance fees
They’ll even spot you up to $200 on debit card purchases with no overdraft fees.
You can also start building your credit with the Chime Credit Builder Visa Credit Card. It’s a secured credit card with no annual fees, no credit checks, and no interest charges.
Chime has over 60,000 fee-free MoneyPass® and Visa® Plus Alliance ATMs. Plus, you can get your paycheck up to 2 days earlier with direct deposit. You can also deposit cash for free at over 8,500 Walgreens.
You can see why Chime is our #1 choice.
Current is a financial technology company, not a bank. The company does not use ChexSystems or pull your credit report, and they have a lot to offer.
A Current mobile banking account includes fee-free overdraft protection of up to $100. You also get access to over 40,000 fee-free Allpoint ATMs with your Current debit card, and there is no minimum balance or hidden fees.
You can also get paid up to two days early with direct deposit with a Current Premium account. Plus, Current offers up to 4.00% APY with Current Savings Pods.
Sable allows you to open a bank account with a debit card and secured credit card in just 5 minutes.
There are no credit checks, no fees, and no minimum deposit required. You can also get an unsecured credit card in about 4 months after using your secured card. That’s 3x faster than what traditional banks offer.
The Sable credit card offers 2% cashback on your favorite brands.
To open a Sable account, you don’t need a social security number or U.S. credit history. You can also send money to 55+ countries and get multilingual customer support.
In an ideal scenario, checking shouldn’t be a big to-do. If anything, it should be an afterthought. Consolidated Community understands that and offers a range of easy-to-use checking account products so you can find the perfect, problem-free fit for your financial needs both now and later.
Its entry-level simple checking account carries a minimum opening deposit of just $5, and there’s no minimum balance thereafter. You’ll get 24/7 access to your funds through a variety of free online tools, with mobile banking technology including remote check deposits.
If you graduate to their peak checking account option, which carries a $25 minimum opening deposit, you’ll earn up to 2.02% interest on your revolving balance. You’ll still get access to the same range of user-friendly features, as well as worldwide access to your cash with the bank’s network of more than 30,000 ATMs.
HomeStreet Bank could approve you for an account based on the severity of your ChexSystems report, so it’s worth a shot. You’ll find multiple checking options: Choice Checking, Select Checking, and Premium Select Checking.
For a classic option, go for Choice Checking, which has no monthly fee but does require a $100 opening deposit. You get two ATM refunds a month, plus a free debit card, online, and mobile banking.
To learn more, apply online or go into a branch (which can often lead to better approval results). HomeStreet Bank has Oregon branches in Lake Grove, Northwest Portland, Oswego, and Tigard.
If you’re looking for big-bank resources served up with a friendly, small-town feel, Point West Credit Union might be the perfect fit. None of its range of checking accounts carry balance minimums, and it’s Fresh Start Checking can help you get your financial foothold back, even if you have a ChexSystems record.
The bank does stipulate that any ChexSystems-recorded debts that are still due must be paid in full before you’ll be eligible to open your account. But once you do, you’ll have access to an easy-to-use checking system with a low monthly maintenance fee of just $10.
You can eventually graduate to its fee-free standard checking account, or even one of its interest-earning accounts with higher minimum balance requirements.
Union Bank does use ChexSystems but you can get approved if you meet certain conditions. The record must be at least one year old and paid. If it’s unpaid and over three years old, you could still get approved.
You can’t, however, have any indication of fraud on your report. The Ready to Go Checking account comes with everything you need to manage your finances, including a debit card, online and mobile banking, unlimited check writing, and even a savings account.
The monthly fee is $8 but you can get this waived if you have at least $500 in direct deposits each month, maintain an average balance of $1,500, or have all combined Union Bank accounts total at least $5,000. Branches in Oregon are located in Portland and Salem.
While still a ChexSystems Bank, you could still qualify for an account, especially if you apply in person at a branch. There are locations throughout Oregon, so it’s easy to find a location.
Easy Checking is a basic account that offers a lot. It’s $6.95 a month but lets you write checks with the account. If you don’t need checks, consider the Safe Debit account, which is only $4.95 a month.
All of US Bank’s checking accounts come with standard features like online banking and bill pay, mobile banking and check deposit, and no-fee transactions at any US Bank ATM.
From Wells Fargo comes Opportunity Checking, which is a second chance checking account if you’ve been turned down for a traditional account with them. You still get convenient perks like online and mobile banking, plus a debit card and checks. To open the account, you must make a $25 deposit but then there’s no balance to maintain.
There’s a $10 monthly charge with this account, but it’s simple to have it waived. You just need to either use your debit card 10 time a month, maintain a daily balance of $1,500, or get direct deposits that total at least $500 each month.