If you have poor financial credit, many banks will consider you a risk for opening an account. They will not want to extend credit to you at all. Banks consider risks as times when you have bounced checks, kited checks, accrued NSF fees, or even had a negative balance for a specific amount of time. If this happens to you often, you will find yourself unable to bank with ChexSystems banks. Oftentimes, once your poor credit has been noticed you will no longer be extended the opportunity to bank with any ChexSystems banks.
If you have found yourself on the ChexSystems database, you may be wondering how you will ever open another bank account. What do you do? Well, luckily, there are financial institutions that will work with people that have questionable credit. This can mean that they may require a deposit to be held in reserve, in case of NSF fees, etc. or it may mean that they require some form of collateral. Either way, you are able to rebuild your credit by using these alternative banks or credit unions.
Once the five years that ChexSystems holds onto your information is up, you will be able to get into a more traditional banking system. However, until that time you will need to use a bank that does not use ChexSystems.
Idaho has one financial institution that is a Non ChexSystems Banks. You may want to start with it 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.
Nonchexsystems Banks in Idaho
- HomeStreet Bank (800) 719-8080