If you have poor financial credit, many banks will consider you a risk. This includes when you have bounced checks, kited checks, accrued NSF fees, or even had a negative balance for a specific amount of time. Oftentimes, once your poor credit has been noticed you will no longer be extended the opportunity to bank with ChexSystems banks. This can make it difficult to pay bills because you can not write checks and you can’t set up a bank account to automatically pay your bills since you will not be able to open a bank account.
ChexSystems carries a customer’s information in their database for 5 years. This can be difficult to overcome without the assistance of banks and credit unions that are willing to extend their services to individuals with questionable financial credit. Five years can seem like a really long time if you are looking for a bank. You are unable to get a bank account if you have your name on the ChexSystems negative list.
Most states have what are sometimes called ‘last chance banks’ or ‘non-ChexSystems banks’ which provide services to customers with bad credit. These financial institutions accept you, knowing that you are a risk. They do, however, sometimes require a security deposit be kept on file.
Connecticut has several financial institutions that are Non ChexSystems Banks. You may want to start with these and see if they can provide the services you are looking for.
Please note that the information about non chexsystems banks changes each year (even month). We cannot guarantee any of the banks listed won’t do a non chexsystems check (though at the time of compiling, these banks don’t require a chexsystems check). You will have to call the banks to see.
If you have problems opening up a bank account, the best solution is to open up an online bank account here.
Non Chexsystems Banks in Connecticut
- Savings Institute (860) 423-4581
- Valley Bank (860) 582-8868