There's a real problem in Illinois, especially in the Chicago area, with people who are unbanked. But the good news is that residents can find many Illinois banks that don't use ChexSystems along with Illinois second chance checking accounts.
A sizable portion of the unbanked are that way because of ChexSystems.
Illinois created a program to address the unbanked and underbanked through a program called Bank On 2.0. Affordable banking products and services to low-income and underbanked consumers is available with banking partners participating in the Bank-On Initiative.
Get back into banking.
Illinois Second Chance Checking Accounts
Chime calls its checking account a spending account. Basically it's a digital checking account that operates entirely online. customers with direct deposit can get paid up to 2 days early². Chime also offers a savings account that puts your savings goals on automatic – anytime you make a purchase, Chime will round up your purchase to the nearest dollar and deposit the extra into your savings account. Chime does not use ChexSystems or EWS.
Chime will spot you up to $100* on debit card purchases with no overdraft fees. Eligibility requirements and limits apply.
Online Checking Features
- No minimum deposit required to open account
- Get paid up to two days early with direct deposit ²
- Access to over 38,000 ATMs fee-free
- Mobile deposits and payments
- Check writing
- No hidden fees
- FDIC-insured up to $250,000
Anyone can open a savings account with the membership but for a checking they run a credit report. The minimum opening deposit required is $25.
They run a credit report to open a checking account with a no minimum balance requirement, no monthly service charge, no per check fee and provides a detailed monthly statement.
Open a 2nd chance checking account called the “Rebound Checking Account” if you have been denied a checking account because of ChexSystems or a poor credit history. The monthly service fee is $7.50 plus after 12 months you get an opportunity to switch to free checking.
They offer a variety of checking account products to choose from ranging from $50 to $5000 minimum opening deposit. They use Telecheck to verify customers.
They offer a variety of checking account products to choose from ranging from $0 to $50 minimum opening deposit. They use Telecheck to verify customers.
They offer a 2nd Chance Checking Account called the Fresh Start Checking Account. Customers get an opportunity to rebuild a banking relationship. To open the Fresh Start Checking you must:
- Be a member of Corporate America Family Credit Union
- Keep a minimum balance of $100 in your Regular Share Account
- $10 monthly fee
First American Bank offers a “Fresh Start Checking” if you've had difficulty opening a checking account at other banks. The account features a Debit Mastercard, unlimited check writing, free mobile, online banking and free bank-by-phone. The minimum opening deposit is $50. There is a monthly service fee of $9.95.
First FSB Hegewisch will open an account if no report of fraud with another institution surfaces after ChexSystems report is pulled. You can open the Totally Free Checking account with a $10.00 deposit. There is no monthly fee for this checking account.
You can open an account as long as you do not have a history with Fraud and you do not owe them any money. They have an account called “Basic Membership Advantage” with a $15 monthly fee.
First National Bank and Trust Company is an Illinois second chance bank option. The “Renew Checking” is for those with a less-than-perfect checking past. The minimum opening deposit is $25 along with a one-time setup fee of $15. The account comes with a Visa debit card and you will be eligible to upgrade the account to the Everyday Checking Account after 12 months in good standing.
This Illinois credit union does not use Chexsystems, Telecheck, EWS or a Credit report. Generations Federal Credit Union offers several checking account products that requires a $25 minimum opening deposit. 2 forms of identification are required.
They run a Transunion Credit report and score of 650-700 is required. All checking accounts feature unlimited transactions.
Open a second chance checking account called “Clean Start Checking” with a $5 monthly fee. This account is for individuals who have an open record on ChexSystem. Eligibility requires:
We may be able to give you a clean start with checking if you have:
- 3 or fewer records with ChexSystem.
- an outstanding total of less than $500.
- no outstanding items less than 1 year old.
This bank offers a Fresh Start checking account. You must complete a “Checking Account Management” course online. A minimum $50 checking balance must be maintained. There is a $10 monthly service fee along with a requirement of direct deposit of at least $250.
You can open an account as long as you do not have a history with fraud. You must state you want an account through the Bank-On Chicago Initiative. There is a minimum opening deposit of $25.00 for the “Free and Easy Checking”. There is no monthly fee for the checking account.
You can open an account as long as you do not have a history with fraud. They have a variety of checking account products to choose.
Marquette Bank offers a checking account for those with challenges to their credit called “ReStart Checking.” The minimum required opening deposit is $20. The monthly fee for the checking account is $5.00. Other features include a Debit Mastercard, free money orders for the first 12 months the account is opened and free online statements. After account is in good standing for 12 months the account can be converted to My Marq Checking Account.
Midwest America Federal Credit Union in Illinois does not use ChexSystems. They use Telecheck and offer a variety of checking account products.
You will be able to start a Foundations of Money Management (FOMM) and you must complete a FOMM class. After 6 months in good standing you may transition to traditional account. The “Foundations Checking” does not have a monthly fee but the opening deposit required is $25.00.
Get a free “Second Chance Checking Account” with no monthly service fees. The minimum opening deposit is $25. The account features online banking, online bill pay, telephone banking, direct deposit, monthly e-statements and a Visa debit card.
They use Telecheck and a credit report to open a variety of checking account products.
They run a credit report on customers and have a variety of checking account products.
To open a bank account, South Central Bank pulls a credit report and require a score of 620 or higher.
You can open an account as long as you do not have a history with fraud with ChexSystems. There is a $5.00 monthly service charge if the balance falls below $50.00. Member must have a share account balance of $100.00 at the time the account is opened.
They offer a second chance checking account called Renew Checking. It is designed for members who have struggled with a checking account in the past to get back on their feet. $50 is required to open the account and there is a $7 monthly maintenance fee.
Suburban Bank & Trust offers a “Fresh Start” account. It has a monthly fee of $7 and it comes with a Debit Mastercard, free online banking and bill pay, free e-statement, check images and free telephone banking.
Properly manage a Direct Access Second Chance Account for 6 months and qualify for a standard checking account with check-writing and full deposit capabilities. The Direct Access Checking has a $7.50 and a minimum opening deposit of $50. (*Call the bank first to verify this product is still being offered)
USECU does not use ChexSystems to open accounts, they use Telecheck. The checking account features no minimum balance requirement, no monthly service charge or per check charge. Customers get unlimited FREE check writing privileges and teller transactions. Free home banking, bill pay, mobile banking and remote deposit capture are features of the account.
They use Telecheck and a credit score of 499 or higher