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

Editor's Choice

BBVA Online Checking

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BBVA is one of the most well-known banks for Indiana 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 Indiana 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.

Centra Credit Union Opportunity Checking

Diamond Valley Federal Credit Union Fresh Start Checking

Evansville Teachers Federal Credit Union Opportunity Checking

Heritage Federal Credit Union 2nd Chance Checking

Horizon Bank Fresh Start Checking

Interra Credit Union Opportunity Checking

One Vision Federal Credit Union Rising Star Checking

Regional Federal Credit Union First Step Checking

Your Community Bank New Opportunity Checking

Republic Bank & Trust Company

Form of Verification: Credit report

Special Notes:

Our Fresh Start accounts are for members who have credit scores below 574.

Fresh Start 1

  • No minimum balance unlimited check writing
  • FREE Pronto Debit/ATM card
  • Unlimited Pronto Debit card transactions
  • 7 FREE foreign ATM transactions**
  • Monthly service charge $12.00
  • Direct Deposit required
  • FREE Online Banking
  • FREE DIAL, our telephone banking service
  • FREE e-Statements
  • FREE e-mail notification Unlimited PCFCU ATM transactions No surcharge at any Republic Bank, Fast Bank Free, Money Pass, or Alliance One ATMs
  • FREE Notary Service
  • FREE Signature Guarantee
  • FREE Investment Counseling

Fresh Start 2

  • No minimum balance unlimited check writing
  • FREE Pronto Debit/ATM card Unlimited Pronto Debit card transactions
  • 7 FREE foreign ATM transactions**
  • Monthly service charge $15.00
  • NO Direct Deposit required
  • FREE Online Banking
  • FREE DIAL, our telephone banking service
  • FREE e-Statements
  • FREE e-mail notification
  • Unlimited PCFCU ATM transactions
  • No surcharge at any Republic Bank, Fast Bank Free, Money Pass, or Alliance One ATMs
  • FREE Notary Service
  • FREE Signature Guarantee
  • FREE Investment Counseling

Email from Bank:

When opening a new savings or checking account, we no longer use ChexSystems. All we will do is pull your credit report.

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

Learn more about Republic Bank & Trust Company

Midwest America Federal Credit Union

Form of Verification: TeleCheck

Email from Bank:

We use a system available through TeleCheck.

Types of Accounts Offered: Personal checking and savings

Learn more about Midwest America Federal Credit Union

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.

Many people have been able to get accounts with TCF. They use ChexSystems but are extremely lenient, definitely worth a chance.

None with any of the following:

  • Direct Deposits totaling $100+
  • $500 minimum balance $2,500 Combined Deposit Balances, otherwise $9.95 monthly fee

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

Learn more about TCF National Bank

Old National Bank

Form of Verification: ChexSystems

Special Notes:

Old National has a "New Start Account" -- there's no restriction on if the ChexSystems entries are paid or not - is up to the branch manager. Old National has locations in Indiana, Kentucky and Illinois. The account is only offered in branches and can't be open on the phone or online. Account is $8 a month - has all the features as a regular account. If it stays in good standing for 12 months, account can become Free Checking or any other Old National checking account.

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

Learn more about Old National Bank

Kentland Bank

Form of Verification: ID

Special Notes:

I CALLED THEM AND THEY DO NOT USE CHEXSYSTEMS OR ANY KIND OF CREDIT CHECK AT ALL TO OPEN AN ACCOUNT, JUST BRING 2 FORMS OF ID.

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

Learn more about Kentland Bank

Communitywide Federal Credit Union

Form of Verification: Credit report

Special Notes:

Do not use ChexSystems.

Email from Bank:

We use Equifax Credit Reports.

Anyone can join. If you do not have a family member who has an account here or work for one of our Sponsored Employee Groups, you are eligible to join CommunityWide by joining one of our sponsor associations Michiana Goodwill Boosters or Urban League of St. Joe County.

There is a one time fee of $5 and can be handled when opening the account.

At this time there is no way to join online. We could mail you the necessary paperwork if you would like.

Types of Accounts Offered: Personal checking and savings

Learn more about Communitywide Federal Credit Union

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.

Some branches do offer 2nd chance checking and some have been able to open business accounts when all debt to reporting bank(s) are paid and fraud is not indicated.

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

Learn more about U.S. Bank

Woodforest National Bank

Form of Verification: ChexSystems and TeleCheck

Special Notes:

You must apply in person and they are very friendly to those reported to ChexSystems.

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 There is a 15.00 monthly fee FOR A BUSINESS ACCOUNT

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.

All deposits are available immediately 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

Your Community Bank

Form of Verification: ChexSystems

Special Notes:

This is from the website:

New Opportunity Checking

Have you ever mishandled your checking account? New Opportunity Checking lets you rebuild your record and reestablish your financial credibility.

Account Highlight:

No minimum balance requirement after initial deposit! Plus, enjoy great features of a traditional checking account!

Account Features:

  • New Feature: FREE e-Alerts
  • New Feature: FREE e-Statements
  • FREE ATM/Debit card
  • FREE Online banking
  • FREE Bill Pay
  • FREE Money transfers*
  • FREE EZswitch kit
  • ZERO fee ATM transactions**
  • 24-hour telephone banking
  • Notary service available
  • Traveler’s checks available
  • Cashier’s checks available
  • Direct deposit available
  • $9.95 a month or $6.95 with direct deposit

Types of Accounts Offered: Second chance checking

Learn more about Your Community Bank

AdvantagePlus of Indiana Federal Credit Union

Form of Verification: ChexSystems

Special Notes:

SAVINGS ACCOUNT ONLY

Email from Bank:

You would be eligible for savings. You just need to bring in a drivers license and $5.50 to open an account. Debit cards are not available on savings only- but you could get an ATM card.

Types of Accounts Offered: Personal savings only if you have been reported to ChexSystems

Learn more about AdvantagePlus of Indiana Federal Credit Union

Vigo County Federal Credit Union

Form of Verification: ChexSystems

Special Notes:

It has been reported that you can open a savings account ONLY with a membership.

Types of Accounts Offered: SAVINGS ONLY WHEN REPORTED TO CHEXSYSTEMS

Learn more about Vigo County Federal Credit Union

United Fidelity Bank

Form of Verification: ChexSystems

Special Notes:

They do offer a second chance account and The Bank on Evansville program also offers FREE money management classes currently being offered at Ivy Tech Community College.

Email from Bank:

United Bank also offers an account for those customers who have been denied a checking account or have had a checking account closed due to special circumstances or past financial challenges.

This personal checking account is an affordable alternative to the high fees of check cashing services and money orders is called New Day Checking.

  • Open an account with $25
  • No Minimum balance
  • Low monthly service fee of $8 ends upon request after 12 consecutive months’ activity without an instance of insufficient finds
  • ATM/debit card after six consecutive months’ activity without an instance of insufficient funds.

Types of Accounts Offered: Second chance checking

Learn more about United Fidelity Bank

First Federal Savings Bank

Form of Verification: ChexSystems

Special Notes:

They do offer second chance checking called New Start Checking.

  • $ 25.00 to open
  • $ 5.00 monthly fee.
  • no debit card but ATM card is available upon request

Types of Accounts Offered: Second chance checking

Learn more about First Federal Savings Bank

Farmers State Bank of Alto Pass

Form of Verification: ChexSystems

Special Notes:

They do offer a second chance checking.

Email from Bank:

The Bank on Evansville Program we offer is basically a free checking account with no minimum daily balance. You may have checks and a debit card with the account however it is monitored for negative balances.

Types of Accounts Offered: Second chance checking

Learn more about Farmers State Bank of Alto Pass

Heritage Federal Credit Union

Form of Verification: Second chance checking

Email from Bank:

If a person has a record with "Check Systems" they are able to take a few training classes on managing a checking account and they are eligible to open a Second Chance Checking account. This type of checking account has a $10.00 monthly service charge.

There is no minimum balance requirements, and dividends are not paid on this account.

Types of Accounts Offered: Second chance

Learn more about Heritage Federal Credit Union

MainSource Bank

Form of Verification: ChexSystems

Special Notes:

They do offer second chance checking with free bill pay and it comes with a debit card. (See email below for more).

Email from Bank:

Email from person that got an account:

I opened the fresh start account today at MainSource Bank. She had it opened within 5 minutes. Takes $25.00 to open. You get an ATM card for the first 90 days and then a debit card there after. Must not be negative for 1 year in order to convert to a free account. You do get unlimited check writing and no Overdraft Solutions Courtesy Pay. It does have a $20.00 monthly fee until you convert over. They use deluxe when ordering checks. Its worth it for me because there are 4 branches where I live and very close to me.

Types of Accounts Offered: Second chance checking

Learn more about MainSource Bank

Members Source Credit Union

Form of Verification: OFAC

Email from Bank:

No we do not use ChexSystems or a credit report.

Types of Accounts Offered: Personal checking and savings accounts

Learn more about Members Source Credit Union

First Trust Credit Union

Form of Verification: TransUnion Credit report

Special Notes:

If your credit report is bad, they give you a Fresh Start Checking, which means there is a $175 daily limit on the debit card but they do not use ChexSystems.

Types of Accounts Offered: Personal checking and savings accounts

Learn more about First Trust Credit Union

Solidarity Community Federal Credit Union

Form of Verification: ChexSystems

Special Notes:

Even with a ChexSystems record they will approve a savings account with an ATM card and will sometimes help those with checking once the record is paid.

Types of Accounts Offered: Personal checking and savings

Learn more about Solidarity Community Federal Credit Union

Flagstar Bank

Form of Verification: FIS Qualifile which does show ChexSystems information

Special Notes:

They do offer second chance checking called A Next Step Checking for those reported to ChexSystems They will look at

  • 1. How old the report is
  • 2. The dollar amount owed.

Email from Bank:

I called and they stated that they do offer second chance checking

  1. $ 50.00 to open the account
  2. $ 5.00 monthly fee
  3. MUST set up direct deposit Need valid Drivers license or 2 utility bills that show current address

Types of Accounts Offered: Second chance checking

Learn more about Flagstar Bank

Northpark Community Credit Union

Form of Verification: ChexSystems

Special Notes:

Features of Second Chance Checking:

  • No minimum balance
  • Unlimited check writing
  • ATM Card
  • $25 minimum deposit to open the account
  • FREE Online Banking for viewing your account information
  • Bill Pay (First 15 monthly transactions Free, $.50 per additional transaction)
  • Criteria for Second Chance Checking
  • No past fraud activity
  • No balance due at a NorthPark Community Credit Union charge-off

Positive balance for initial 6 months. Failure to do so results in immediate checking account closure Exception Holds (Reg C): All checks over $500 that are deposited/cashed will automatically be placed on an extended hold. Government-issued checks or payroll checks are excluded from these extended holds ONLY IF they are verified by the MSR.

Types of Accounts Offered: Second chance checking

Learn more about Northpark Community Credit Union

Evansville Federal Credit Union

Form of Verification: ChexSystems

Special Notes:

They do participate in the program and if the class is completed they will open the account for you. There may be some restrictions.

Types of Accounts Offered: This is a regular account but the program certificate must be completed first.

Learn more about Evansville Federal Credit Union

Evansville Teachers Federal Credit Union

Form of Verification: ChexSystems

Special Notes:

They do offer a special account for those reported to ChexSystems.

Types of Accounts Offered: Second chance checking

Learn more about Evansville Teachers Federal Credit Union

First Security Bank

Form of Verification: ChexSystems

Special Notes:

They do participate in this program for the Evansville ONLY location. The account is called Security Limited Account. It is designed for those reported to ChexSystems. The report must not indicate any money owed to the reporting bank(s) You get checks, Direct deposit and online banking, but there is a 10.00 monthly fee and you do NOT get a debit card for the first year. After one year of good history they will allow you a free account that does include a debit card.

Types of Accounts Offered: Second chance checking

Learn more about First Security Bank

AAA Federal Credit Union

Form of Verification: Credit report -550 score or about is required

Special Notes:

They do not use ChexSystems but they do run a credit report. If you are not eligible for a regular checking they do offer Fresh Start checking.

Fresh Start Program

AAA Federal Credit Union is offering Checking Accounts, Debit/ATM Cards, and Loans to credit challenged members who would not normally qualify for these services. This Fresh Start Program gives our members an opportunity to re-establish their credit profiles and utilize consumer convenience in the process. After one year members who maintain their account with a good record of management and oversight will be considered eligible to convert to a regular checking and debit/ATM card with the regular features associated with those accounts.

Types of Accounts Offered: Checking

Learn more about AAA 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