The Best Banks & Credit Unions in District of Columbia 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 District of Columbia 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 District of Columbia 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.

City National BankSafe Check
CommonWealth One Federal Credit UnionSolutions Checking
GTE FinancialGo Further Checking
Go BankMobile Banking
Navy Federal Credit UnionEveryday Checking
Peoples Cash SolutionsSecond Chance Checking
Premier BankStartFresh Checking
Radius BankEssential Checking

United Bank

Special Notes:

I have called many many locations in several different states and they are indicating to me that they do NOT use chexsystems and they do not run a credit report at all. I was not buying it at first so I kept calling more and more locations and I finally talked to a manager that told me how they were using chexsystems in the past but they no longer do. He said all you need is

  • 2 IDs
  • Something that reflect a current address if ID is not correct.

DO NOT order checks with Bank United. They utilize Deluxe for all of their materials basically.

Types of Accounts Offered: Personal checking, savings and business checking accounts

Learn more about United Bank

Library of Congress Federal Credit Union

Form of Verification: ID

Special Notes:

Person that has an account:

I did finally find a financial institution that I think will last me for a lifetime, Library of Congress Federal Credit Union. They have so many great features and services that will benefit anyone in need of excellent financial services. Opening an account was very easy. I submitted my information on the online membership request application. The next day the membership application was mailed out and I received it the day after. I mailed out the account opening materials along with the share savings deposit of $5.00, a checking account deposit, and a one time membership share fee of $5.00. I received my new account materials two days after, I expect to receive my debit card it just a few days. Anyone who lives, works, worships, or goes to school in the District of Columbia are eligible for an account; as well as people eligible through family members. Everything they offer can be viewed online to meet your financial needs. Thank you so much for all you've done and your enduring efforts. I honestly appreciate your communication throughout this ordeal and assuring that my needs were met. I really mean it, Thank You!

Email from Bank:

We do not run any type of credit reports or check reporting systems when you open a checking or savings account with us.

Types of Accounts Offered: Personal checking and savings

Learn more about Library of Congress Federal Credit Union

Woodforest National Bank

Form of Verification: ChexSystems and TeleCheck

Special Notes:

2nd Chance account is $7.95 if you have direct deposit. $9.95 if you do not.

$25.00 one time debit card processing fee.

However, in 6 months or less, the branch determines if you can move to a regular account or open a savings in addition to the second chance account, regular accounts, you can open immediately! (Complimentary overdraft) requiring no credit will kick in after 30 days. It is $500 for direct deposit or $300 without it.

ALSO! Phone and Online banking are immediate overnight and they're open 7 days! They are VERY friendly and nice to those reported to ChexSystems.

Email from Bank:

Before you can open an account with Woodforest National Bank we do run TeleCheck and ChexSystems. If you have any unpaid closures reported by a merchant or another financial institution on either one of these reports you will only qualify for our Second Chance Checking account. You will be able to open an account with us as long as we are able to properly verify your identity and you do not have an unpaid charged off account with Woodforest National Bank.

Types of Accounts Offered: Second chance checking

Learn more about Woodforest National Bank

Pentagon Federal Credit Union

Form of Verification: Credit report

Special Notes:

Anyone can open a savings account once they become a member but checking accounts are based on your credit report. They are known to be very picky about credit. Most are denied the checking account at this credit union and are only approved for the savings.

Email from Bank:

We will pull a copy of your credit report when you apply to open an account.

Types of Accounts Offered: Personal checking and savings

Learn more about Pentagon Federal Credit Union

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