The Best Banks & Credit Unions in Colorado 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 Colorado 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 Colorado 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 Colorado 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.

Colorado State Bank and Trust Opportunity Checking

Liberty Savings Bank Clean Slate Checking

Metrum Community Credit Union Second Chance Checking

NuVista Federal Credit Union 2nd Chance Checking

Colorado State Bank and Trust Opportunity Checking

Liberty Savings Bank Clean Slate Checking

Metrum Community Credit Union Second Chance Checking

NuVista Federal Credit Union 2nd Chance Checking

  • TCF National Bank
    Form of Verification:

    ChexSystems

    Special Notes

    I actually called the 1800 number and they told me that as long as you don't owe TCF any money, anybody can open an account. DO NOT APPLY FOR THIS ACCOUNT IF YOU HAVE BEEN REPORTED TO EWS, THE ACCOUNT MAY BE OPENED BUT WILL LATER BE CLOSED.

    Other valuable info:

    • None with any of the following:
    • Direct Deposits totaling $100+
    • $500 minimum balance
    • $2,500 Combined Deposit Balances. Otherwise $9.95 monthly fee
    Email from Bank:

    Email From person that got an account and say they are also reported to EWS:

    I live in 80203 the bank were I opened was at

    640 16th Street
    Denver, CO 80202
    (303) 534-1560

    The banker that opened my account specifically told me “we don’t do any kind of credit checks, we just place holds on deposits.”

    Types of Accounts Offered:

    Personal checking, savings and business checking

    Learn more about TCF National Bank
  • Armed Forces Bank
    Form of Verification:

    ChexSystems

    Special Notes

    Report can not indicate fraud.

    Email from Bank:

    Here is our Bank's policy:

    1. If the account is opened and the customer is signed up for Direct Deposit, the bank will allow one bank record of less than $200.00 that is at least 6 months old and or 2 retail indicators at least 6 months old.
    2. If the account is opened without Direct Deposit, the bank record or retail indicator must be at least 18 months old.

    My manager has also said that if it is paid and you sign up for Direct Deposit, we will open the account.

    Types of Accounts Offered:

    Personal checking and savings

    Learn more about Armed Forces Bank
  • U.S. Bank
    Form of Verification:

    ChexSystems

    Special Notes

    It has been reported that if your report is 21/2 yrs or older, they will not even see it. If this is your situation you can apply online, if not, you would need to visit an “in store” branch.

    Most US banks “in store” branches are giving accounts to most people on ChexSystems. These are regular accounts, not 2nd chance checking...as long as you do NOT owe US Bank money and you are not reported on your ChexSystems report for any kind of "fraudulent activity"

    There are some branches that are still not using this policy so it might be a good idea to call a branch local to you and ask about their policy first before going in.

    Some “in store” branches have signs that actually says “ChexSystems? no problem!”… yet others will not open accounts at all. People are approved everyday.

    Types of Accounts Offered:

    Personal checking, savings and business accounts

    Learn more about U.S. Bank
  • BankWest of Kansas
    Form of Verification:

    2 forms of ID

    Email from Bank:

    I called and verified they do not use ChexSystems or any type of credit report.

    Types of Accounts Offered:

    Personal checking, savings and business accounts

    Learn more about BankWest of Kansas
  • Academy Bank
    Form of Verification:

    ChexSystems

    Special Notes

    Academy Bank, Armed Forces Bank, and Armed Forces Bank of California are part of a banking group that serves civilian and military communities throughout the United States.

    Email from person that got an account:

    I got a personal checking from ACADEMY bank, they DO promote and actually sell the 2nd chance checking.

    Its got a $300 minimum or $7.50 month service charge.

    Email from Bank:

    We do have each customer ran through ChexSystems. We are very lenient with ChexSystems because we are considered a second chance bank. If you apply we would be more than happy to see if we are able to provide you with an account with Academy Bank.

    Types of Accounts Offered:

    Personal checking, savings, and business accounts / second chance

    Learn more about Academy Bank
  • Bank of the West
    Form of Verification:

    ChexSystems

    Special Notes

    The manager told me its called "Fresh Start". Your last entry into ChexSystems must be older than one year. Cannot say Fraud. $10 a month.

    Types of Accounts Offered:

    Second chance checking

    Learn more about Bank of the West
  • White Crown Federal Credit Union
    Form of Verification:

    ChexSystems

    Special Notes

    If you have been reported to ChexSystems but fraud is NOT indicated on the report, they will approve you.

    Email from Bank:

    Email From person that got an account:

    Thanks for the follow up, in Denver, I was able to get an account at White Crown Credit Union, they ran a Chex report while I was there and told me as long as not fraud and account paid they will open account. I got checking debit etc.

    Types of Accounts Offered:

    Personal checking and savings accounts

    Learn more about White Crown Federal Credit Union
  • Equitable Savings and Loan Association
    Form of Verification:

    True Alert Check

    Special Notes

    I called several locations and they say they do not use ChexSystems, TeleCheck, or EWS. They say they run a True Alert check that only verifies your SS# and address. They said they do not run a credit report unless you apply for a debit card. If you apply for a debit card they said they will run the credit report.

    Types of Accounts Offered:

    Personal checking, savings and business accounts

    Learn more about Equitable Savings and Loan Association
  • Wells Fargo Bank
    Form of Verification:

    ChexSystems and EWS

    Special Notes

    In certain areas of the Denver, Colorado area certain Wells Fargo branches are opening accounts for people who have a record on ChexSystems they do not allow you to participate in PDL because they have their own $500 "Payroll Advance" program. So far so good and they go over your credit report and try to dispute information on your report.

    Email from Bank:

    As long as there is no fraud on the report and no money is owed to Wells Fargo, you can open an account with Direct deposit and a savings. $100.00 opens the account.

    Types of Accounts Offered:

    Second chance checking

    Learn more about Wells Fargo Bank
  • Security Service Federal Credit Union
    Form of Verification:

    ChexSystems

    Special Notes

    People have reported that they will still allow an account to be opened even when reported to ChexSystems.

    Email from Bank:

    Thank you for your e-mail and interest in SSFCU products. It is possible to be approved for a checking account with us even if another financial institution may have reported an incident to ChexSystems. To determine for certain if you qualify for one of our checking products, please feel free to apply for membership by visiting our website, visiting your nearest branch, or by calling 866-210-6093.

    Types of Accounts Offered:

    Personal checking, savings and business accounts

    Learn more about Security Service Federal Credit Union