Have you tried to open a checking account in Rhode Island, but can’t get approved? It’s probably because you have a negative listing in ChexSystems. Most banks in Rhode Island use ChexSystems to review your banking history.
Fortunately, you still have options. There are several banks that don’t use ChexSystems during the application process, and others that offer second chance checking.
Non-ChexSystems & Second Chance Banks in Rhode Island
Take a look at this comprehensive list of banks and credit unions in Rhode Island that either don’t use ChexSystems, or offer second chance checking accounts.
Aspiration’s Spend & Save Account is a hybrid checking and savings account that is entirely online. There’s a $10 minimum opening deposit to get started.
With an Aspiration debit card, you get unlimited fee-free withdrawals at over 55,000 ATMs and one out-of-network ATM reimbursement per month. You can also get paid up to two days early with direct deposit.
You can earn up to 5.00% APY when you spend $1,000/month and deposits are FDIC insured.
You could get approved for an account with RICU even if you have a history in ChexSystems. The two key requirements you must meet are that any debts on there are paid and there is no history of fraud. If you get approved, consider starting off with Basic Checking.
The monthly fee is $5 but you can get that waived if you keep a daily balance of at least $300. The account also comes with a debit card, unlimited check writing, and free online banking and bill pay.
Membership requirements are broad. You simply must live or work in Rhode Island, or do so within 50 miles of the state’s border.
There are several branch locations, including Providence, Cranston, Bristol, Pascoag, and Kingston. They also participate in shared branching throughout the country.
Rockland Trust also approves account holders in ChexSystems, as long as you meet certain requirements. Your debt in ChexSystems must be paid and you can’t have any records on there that are related to fraud.
Once approved, there is a Free Checking option from Rockland Trust. As the name implies, there’s no monthly fee and you don’t need to maintain a certain minimum balance in your account.
You’ll receive a MasterCard debit card in addition to one free order of checks when you open your account. There’s also online and mobile banking available through Rockland Trust. While primarily located in Massachusetts, they do have one branch in Providence.
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.
Chime is a financial technology company, not a bank. Banking services and debit card provided by The Bancorp Bank N.A. or Stride Bank, N.A.; Members FDIC. Credit Builder card issued by Stride Bank, N.A.
1. Out-of-network ATM withdrawal fees may apply with Chime except at MoneyPass ATMs in a 7-Eleven, or any Allpoint or Visa Plus Alliance ATM.
2. Early access to direct deposit funds depends on the timing of the submission of the payment ﬁle from the payer. Chime generally make these funds available on the day the payment ﬁle is received, which may be up to 2 days earlier than the scheduled payment date.
7. To apply for Credit Builder, you must have received a single qualifying direct deposit of $200 or more to your Checking Account. The qualifying direct deposit must be from your employer, payroll provider, gig economy payer, or beneﬁts payer by Automated Clearing House (ACH) deposit OR Original Credit Transaction (OCT). Bank ACH transfers, Pay Anyone transfers, veriﬁcation or trial deposits from ﬁnancial institutions, peer to peer transfers from services such as PayPal, Cash App, or Venmo, mobile check deposits, cash loads or deposits, one-time direct deposits, such as tax refunds and other similar transactions, and any deposit to which Chime deems to not be a qualifying direct deposit are not qualifying direct deposits.
Non-ChexSystems Banks by State
Looking for more information and additional options available in your area? Select your state from the list below to find out all your options for banking.
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- Washington, DC
- West Virginia