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

Editor's Choice

BBVA Online Checking

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

Central Credit Union of Maryland Renew Checking

Clear Mountain Bank StartFresh Checking

Security Plus Federal Credit Union Revive

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
  • SS card
  • 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

Municipal Employees Credit Union of Baltimore

Form of Verification: ChexSystems

Email from Bank:

You can open a Savings account but you would need to provide proof of payment before a Checking account is opened.

Types of Accounts Offered: Savings, possibly checking

Learn more about Municipal Employees Credit Union of Baltimore

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 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.

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

Greenbelt Federal Credit Union

Form of Verification: TeleCheck

Email from Bank:

We use TeleCheck when opening a checking account.

Types of Accounts Offered: Personal savings and checking accounts

Learn more about Greenbelt Federal Credit Union

Banks and Credit Unions That Offer Second Chance Banking by State

ArkansasMassachusettsRhode Island
CaliforniaMichiganSouth Carolina
ColoradoMinnesotaSouth Dakota
District of ColumbiaMontanaUtah
HawaiiNew HampshireWashington
IdahoNew JerseyWest Virginia
IllinoisNew MexicoWisconsin
IndianaNew YorkWyoming
IowaNorth Carolina
KansasNorth Dakota