2021 List of New York Second Chance Checking Accounts

new-york-second-chance-checking

If you have ChexSystems or EWS records in New York open a new account at a New York second chance bank. There's no reason to go without a bank account when there are banks in New York that don't use ChexSystems.

Get a fresh start at checking with a traditional bank in New York. ChexSystems and EWS records can remain on your reports up to 5 years. That's a long time to conduct financial transactions without a bank account.

New York ranks among the highest in unbanked household with roughly 8 percent of New York households classified as “unbanked,” meaning they don't have checking or savings accounts, according to a 2017 survey by the Federal Deposit Insurance Corporation. An additional 17 percent are considered “underbanked” because they have bank accounts but still use alternative financial services like check cashers.

Being unbanked in New York means paying check cashing stores, purchasing money orders or depending on a prepaid debit card. Plus, if you use cash to pay bills you can lose or misplace receipts. Using a bank to conduct financial transactions is safer and more convenient — plus saves you money on fees.

Get back into banking and stop wasting money at check cashing stores and with prepaid card fees.

Take advantage of second chance checking in New York. If ChexSystems, EWS or imperfect credit has kept you from opening a new bank account, get a fresh start with second chance checking accounts in New York.

Here is a comprehensive list of New York second chance checking accounts and New York banks that don't use ChexSystems:

New York 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.

Brooklyn Cooperative Federal Credit Union

A Savings Account is required to join. There is a minimum $5.00 required to open plus a $20.00 application fee.

Alternatives Federal Credit Union

A Fresh Start Account that offers you a chance to rebuild your credit. There is no minimum opening deposit, no monthly service fee and no minimum balance requirements.

Melrose Credit Union

Any resident in New York should be able to open an account at Melrose Credit Union. Proper identification is required.

People's Alliance Federal Credit Union

Proper identification is required to open new accounts.

Access Federal Credit Union

Proper identification is required to open new accounts.

Bank of Richmondville

Proper identification is required to open new accounts.

Compass Credit Union

Proper identification is required to open new accounts.

MTC Federal Credit Union

Proper identification is required to open new accounts.

Westside Community Federal Credit Union

Proper identification is required to open new accounts.

Ticonderoga Federal Credit Union

Proper identification along with a Social Security card is required to open new accounts.

Sidney Federal Credit Union

Proper identification is required to open new accounts.

Mohawk Progressive Federal Credit Union

Proper identification is required to open new accounts.

Maple City Savings Bank

Proper identification is required to open new accounts.

North East Alliance Federal Credit Union

Proper identification is required to open new accounts.

Neighborhood Trust Federal Credit Union

Proper identification is required to open new accounts.

Van Cortlandt Cooperative Federal Credit Union

Proper identification is required to open new accounts along with a Social Security card.

Bethex Federal Credit Union

Proper identification is required to open new accounts along with a Social Security card.

Fulton Savings Bank

They offer a Second Chance Checking Account designed for individuals who have had banking challenges in the past, and who are working to improve their financial reputation. The monthly fee is $9.95 and $7.95 with Direct Deposit.

Port Washington Federal Credit Union

Proper identification is required to open new accounts.

Bank United

They use Chexsystems but as long as the report does not indicate fraud and is paid, you can open a savings and checking. For the best results, only one bank should be reported

Meridia Community Credit Union

They use a credit report to open new accounts.

RT Federal Credit Union

They use a credit report to open new accounts.

Rochester and Monroe County Employees Credit Union

For a savings they use nothing but for a checking they use Experian credit report.

Bank Of The Ozarks

They offer a second chance checking called Pathway Checking that requires $50 to open and comes with a $10 monthly service fee.

Genesee Valley Federal Credit Union

They offer Fresh Start Checking that after 6 months without any negative activity, can be converted to a free checking account product at the member’s request.

UFirst Federal Credit Union

They offer a Second Chance Checking Account.

Webster Bank

They offer second chance checking called Opportunity Checking if you’ve had trouble qualifying for a checking account in the past.

Leave a Reply

Your email address will not be published. Required fields are marked *