2021 List of Mississippi Second Chance Checking Accounts


Mississippi has the dubious distinction of being the state with the highest percentage of households without checking accounts or other banking services according to a FDIC survey.

Traditional bank accounts can save consumers money as fees for check cashing stores, prepaid debit cards or money orders to pay bills can add up over time. If ChexSystems is the reason you are unbanked, the following banks in Mississippi do not use ChexSystems.

Mississippi Second Chance Checking Accounts

Chime Spending Account – Free overdraft up to $100

Chime will spot you up to $100 on debit card purchases with no overdraft fees. Eligibility requirements apply.¹ Chime's Spending Account is similar to a traditional checking account but without check writing. Banking is easy with Chime where customers can transfer money, send and deposit checks and pay bills with no monthly fees and no overdraft fees.

Open the optional Chime Savings Account and Chime will round up your Visa Debit Card transactions to the nearest dollar and transfer it to your savings account.

Chime Spending Account Features

  • Get your direct deposit up to 2 days early.
  • Chime Visa® Debit Card.
  • Access cash at 38,000+ fee-free ATMs.
  • An optional savings account earns 0.50% (APY).
  • Leniency for people with previous checking account problems.

Bancorp South

They offer a Second Chance Checking account that can help get you back on the right track.

Bank Plus

Automatically qualify for a Checking and Savings Account after completing a 4hr course on credit which qualifies you for a $500 or $1000 loan based on your credit score. The purpose of the loan is to help improve your credit score but comes with the benefits of opening a bank account.

Citizens National Bank

Get a second chance with the “My Clean Slate Checking Account.” The account features an opening deposit is $50; Free CNB Visa Check Card; Free e-Bill Pay; and Free monthly paper statement or e-Statement. The monthly maintenance fee is $9.95.

First National Bank of Picayune

They use Telecheck to verify new accounts and offer several different checking account products.

First Bank

They use Telecheck to verify new accounts and offer several different checking account products.

Fort Sill National Bank

Fort Sill National bank does not use ChexSystems but a credit report will be pulled. They have several checking account packages to choose from but the Basic Checking includes a $5.00 Minimum deposit required to open account, has no monthly fees, unlimited check writing and a Visa CheckCard.

Gulf Coast Community Federal Credit Union

They offer a second chance checking called New Chance Checking that has a $15 monthly service fee.

Hope Community Credit Union

They do use chexsystems but you can still get an account once you become a member. They do offer an account called Easy Checking for those reported to chexsystems and those with a credit score of less than 600. $9.95 a month if the balance of 200.00 is not maintained. FREE if balance of 200.00 is maintained

Magnolia Federal Credit Union

They a second chance account called “Opportunity Checking.” It has a $20 account opening fee and comes with a $15 monthly service charge with direct deposit and $20 monthly service charge without direct deposit. After 12 months of perfect account management, you're able to switch to any other Magnolia FCU checking account. And, the bank will reward you with a $100 savings deposit!

Mississippi Telco Federal Credit Union

They use Telecheck to verify new account holders.

MUNA Federal Credit Union

They offer Fresh Start Checking.

Priority One Bank

Priority Bank does not use ChexSystems but will verify your identity through Equifax. They offer several Checking Account products including a Simple Checking Account that requires a $50 minimum deposit to open. There is free online banking and free ATM/Visa debit card.

Renasant Bank

Renasant Bank offers a wide variety of personal checking accounts, they do not use ChexSystems. All checking accounts come with Free Internet Banking; Free Online Bill Pay; Mobile Banking; and Debit Card with no monthly usage charge.

Unify Financial Credit Union

They offer a Second Chance Checking Account called Right Start Checking. You can open with a $25 deposit and no minimum balance requirement. Pay no monthly or per-check fees.


Woodforest offers a “Second Chance” account. The minimum opening deposit is $25.00. There is a monthly service charge which breaksdown as follows: $7.95 with direct deposit(3); $9.95 without direct deposit and a $9.00 one-time account set up fee.