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

Editor's Choice

BBVA Online Checking

Exclusive Promo Available

You could get a $200 bonus by opening an Online Checking account and receiving a qualifying direct deposit of $500+ by October 31, 2020.

Increase your bonus to $250 by adding an Online Savings account and having a savings balance of at least $1000 on October 31, 2020.

Click to learn more and get your account today!

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.

Features and Benefits

  • Bad credit OK
  • Relaxed account opening requirements
  • Free ATM withdrawals on BBVA ATMs
  • Online and mobile banking facilities included
  • Customizable banking alerts
  • Available nationwide (except Alaska and Hawaii)
  • Member FDIC

Recommended For:

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.

Local Banking Options

Following is the web's most comprehensive list of banks and credit unions in Alaska that offer second chance banking 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

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

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

Banks and Credit Unions That Offer Second Chance Banking by State

AlabamaLouisianaOklahoma
AlaskaMaineOregon
ArizonaMarylandPennsylvania
ArkansasMassachusettsRhode Island
CaliforniaMichiganSouth Carolina
ColoradoMinnesotaSouth Dakota
ConnecticutMississippiTennessee
DelawareMissouriTexas
District of ColumbiaMontanaUtah
FloridaNebraskaVermont
GeorgiaNevadaVirginia
HawaiiNew HampshireWashington
IdahoNew JerseyWest Virginia
IllinoisNew MexicoWisconsin
IndianaNew YorkWyoming
IowaNorth Carolina
KansasNorth Dakota
KentuckyOhio