The Best Banks & Credit Unions in Alaska That Offer Second Chance Bank Accounts

ChexSystems can be a real pain to deal with when you’re trying to get a bank account opened in your name. It was established as a system to monitor and screen people who are looking to open checking and savings accounts. But the side effects of this kind system can result in you being unable to open a bank account even if you haven’t done anything shady.

Fortunately, there are still more than a couple of banks in Alaska that don’t use ChexSystems for verification. We’ll be looking at some of these banks as well as what your options look like if you get flagged by ChexSystems.

Your Top Pick

BBVA is one of the most well-known banks for Alaska residents that are looking for a second chance bank account.

You can open this account with as little as $25 for your initial deposit.

Why is it recommended for you?

Right now, a free checking account at BBVA is the only trusted option for customers looking for a Second Chance Checking account with high approval rate and excellent features and conditions. Use this opportunity to rebuild your credit while having a bank account with no restrictions.

  • Relaxed account opening requirements
  • Free ATM withdrawals on BBVA ATMs
  • Online and mobile banking facilities included
  • Customizable banking alerts
  • No hidden fees or ATM charges
  • Online & mobile banking facilities included
  • Customizable banking alerts
  • Available nationwide (except Alaska and Hawaii)
  • Member FDIC

You can open this account with as little as $25 for your initial deposit

Open a BBVA Account Now!

Local Banking Options

Following is the web's most comprehensive list of banks and credit unions in Alaska that do not use ChexSystems and which may approve you for a bank account.

Please note that any unsuccessful attempt to open an account may have a negative impact on your credit history and score.

To avoid this, please check if there are any proven, top picked solutions are available in your area (listed above) or on our page with best non-ChexSystems banks and other banking alternatives.

See more: Comprehensive List of Non-ChexSystems Banks

Another note to add is that it's a good idea to get your free annual report and try to dispute ChexSystems.

This list also contains email responses from banks as well as applicants’ personal experiences and comments. This page is updated regularly, so please consider adding it to your bookmarks.

Go BankMobile Banking
GTE FinancialGo Further Checking
Navy Federal Credit UnionFree eChecking
Peoples Cash SolutionsSecond Chance Checking
Radius BankEssential Checking
SoFi MoneyCash Management Account
True North Federal Credit UnionTrue Options Checking
Varo BankOnline Bank Account
Go BankMobile Banking
GTE FinancialGo Further Checking
Navy Federal Credit UnionFree eChecking
Peoples Cash SolutionsSecond Chance Checking
Radius BankEssential Checking
SoFi MoneyCash Management Account
True North Federal Credit UnionTrue Options Checking
Varo BankOnline Bank Account
  • Northrim Bank
    Form of Verification:

    None

    Special Notes

    Email from person that got an account: I opened an account with Northrim today, THANK YOU SO SO MUCH!!!

    Email from Bank:

    Northrim bank does not use a company to verify a person that is opening a checking or savings account. We would require a valid piece of verification, for example, a passport or DL that is not expired so that we can verify who you are. You must be at least 18 years old to open an account, if not a parent could open an account and trust for you.

    Types of Accounts Offered:

    Personal, checking, savings and business accounts

    Learn more about Northrim Bank
  • True North Federal Credit Union
    Form of Verification:

    Credit report and ChexSystems

    Special Notes

    ANY member can open a savings regardless of ChexSystems and they do offer second chance checking.

    Email from Bank:

    To open a savings you just have to qualify under one of our charters. So if you work for the state, have a relative who is already or has been a member of True North, or currently reside in Juneau then you will qualify for a savings account.

    • True Options (S74)
    • $10 Monthly fee
    • Free Express PC/Home Banking
    • Free Express Teller/Audio Response access
    • Express Deposit/Direct Deposit/ACH
    • Free VISA Check Card on approved credit
    • No dividends paid on this account type

    A fresh start checking account for those who may have had credit or checking difficulties in the past and wish to rebuild their credit.

    Types of Accounts Offered:

    Second chance checking

    Learn more about True North Federal Credit Union
  • Spirit of Alaska Federal Credit Union
    Form of Verification:

    ChexSystems

    Special Notes

    They do use ChexSystems but if the debt to the reporting bank(s) is paid and the report does not indicate fraud you can still get an account. Anyone that has a membership can get a savings regardless of ChexSystems.

    Email from Bank:

    You would be able to open a savings. Once the reports are reviewed by the supervisor then a decision would be made regarding eligibility for a checking account.

    Types of Accounts Offered:

    Personal checking, savings and business checking

    Learn more about Spirit of Alaska Federal Credit Union
  • Matanuska Valley Federal Credit Union
    Form of Verification:

    ChexSystems

    Special Notes

    Fraud must not be reported and it must be paid.

    Email from Bank:

    I am responding to your question you had emailed to Al Strawn regarding opening a new account if you have been reported to ChexSystems.

    Depending on the reason you were reported to ChexSystems, we may be able to open an account for you. If you were reported for NSF activity and it has been within 1 year we can open a share savings account for you.

    If you were reported more than 1 year ago for NSF activity we can open a share checking and share savings account for you. There could be some limitations to additional services if an account was opened with us and we experience any NSF activity on the account.

    Types of Accounts Offered:

    Personal checking and savings

    Learn more about Matanuska Valley Federal Credit Union
  • MAC Federal Credit Union
    Form of Verification:

    ChexSystems

    Special Notes

    For best results, debt to reporting banks should be paid and report should not indicate fraud.

    Email from Bank:

    As long as it is reporting as paid OR you provide us with the proof that it has been paid then you will be able to open a checking account with us.

    If you are only looking for a savings account then we don’t pull ChexSystems at all.

    Types of Accounts Offered:

    Personal checking and savings

    Learn more about MAC Federal Credit Union
  • Mt. McKinley Bank
    Form of Verification:

    ChexSystems

    Special Notes

    Any member can get a savings account.

    Email from Bank:

    We would open a savings account only, you also could not have an ATM card.

    Types of Accounts Offered:

    Savings only if you have been reported to ChexSystems

    Learn more about Mt. McKinley Bank