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7 Second Chance Banks in Nevada – Get a fresh start in banking

While financial inclusion is on the rise thanks to efforts like second chance banks in Nevada and a strong economy, some parts of Nevada have seen no change in unbanked consumers.

In fact, rates of the unbanked in Southern Nevada have actually increased according to Las Vegas, Nevada Review Journal.

The Federal Deposit Insurance Corp also stated the rates of unbanked and underbanked households in Southern Nevada has climbed in recent years. The increase is due in part because Las Vegas was one of the hardest-hit areas of the country during the 2008 financial crisis. Although in recent years the economy has seen a bounce-back, parts of Nevada still lag behind.

The good news is that the unbanked in Nevada have an opportunity to save money by using second chance banks in Nevada. Not having to pay expensive fees associated with check cashing stores or prepaid paid debit cards means you can invest that money in growing your savings account.

Using alternative financial services like check-cashing stores, payday lenders, pawnshops or title lenders is costly. When households are fully banked they can turn to their banker for financial services and build wealth.

Second chance banks in Nevada

OneUnited Bank

OneUnited Bank’s U2 E-Checking Account is a second chance checking account available to people in all states. To apply you must first enter your name and email address plus choose the “Debit/Checking” option then click the button “Apply Today.”

During the application process, you’ll need to choose the “U2 E-Checking (2nd Chance) Account” option plus choose a plain debit card or one of their specialty debit card designs.

U2 E-Checking Account Details:

  • Minimum opening deposit of $50
  • Get paid up to 2 days early with direct deposit
  • Free Online & Mobile Banking
  • Obtain Cash, Surcharge Free at Over 25,000 ATMs Nationwide
  • Deposit checks through the mobile app using Mobile Remote Deposit Capture
  • Monthly service charge of $12.00 for checking
  • Free Bill Pay

Acorns Spend Account

Acorns is designed to get you saving on an automatic basis. With the Acorns Spend Account customers enjoy no monthly or overdraft fees, a debit card and free ATM access nationwide. Acorn customers benefit from the automatic savings and investing feature where purchases made using your debit card are rounded up to the nearest dollar with the excess change being invested.

There is a $3 monthly fee for the Acorns Spend Account but the unlimited ATM fee rebates will more than compensate for the monthly fee. Plus, the debit card is made with an impressive heavy metal, just like premium credit cards.

Acorns Spend Account Features

  • No minimum balance fees. You don’t have to fund an Acorns Spend account to open it
  • No overdraft fees
  • Unlimited free or fee-reimbursed ATM withdrawals nationwide
  • Rounds up your purchases and invests the spare change for you
  • Digital direct deposit and mobile check deposit and check sending
  • Free bank-to-bank transfers
  • Automated bill pay
  • FDIC-protected checking account up to $250,000 plus fraud protection


Chime is primarily a spending account to conduct your daily expenses that anyone can open. Get paid up to two days early with direct deposit ². Other features include no overdraft fees and no monthly service fees. If you need a check written, Chime will create and mail a paper check for you at no charge. No opening deposit required. If you open a savings account too, you can save money when you make a purchase or pay a bill with your Chime Visa® Debit Card. Chime will round up transactions to the nearest dollar and transfer it to your savings account.

One Nevada Credit Union

The Essential Checking account is designed to help keep you banking with no monthly fees when income challenges arise.

Bank of the West

Bank of the West does run a ChexSystems report but they have a second chance banking program called “Fresh Start.” Your ChexSystem listing must be older than one year and it cannot be for fraud. Basic checking has a $10 monthly fee but it is waived when you: Maintain an average monthly balance of $1000; Receive a direct deposit of $250; or Use your Bank of the West Debit Card for 10 or more purchases during each statement cycle.

Nevada State Bank

This account helps keep you aligned with your financial goals, with a predictable monthly maintenance fee and no overdraft fees. There is no check writing with this account. Requires $50 to open and a $5 monthly service fee.

WestStar Credit Union

They offer a Fresh Start Checking Account with unlimited check writing. No minimum balance to maintain. Convert to our free Simple Checking account by simply keeping a positive balance for 12 consecutive months.

Idaho Central Credit Union

They use a credit report but you MUST work, live, reside, or be paid in Jackpot, Nevada

Clark County Credit Union

They offer a second chance checking account called “CheckAgain® – 2nd Chance Checking”. It comes with a $12 monthly fee, you receive full teller and phone center access, free online and mobile banking, free debit cards and free monthly e-Statements. This account upgrades to a fee-free checking account after 12 months of approved activity after meeting particular qualifications.

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