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

Citizens National Bank Clean Slate Checking

Gulf Coast Community Credit Union Second Chance Checking

Magnolia Federal Credit Union Opportunity Checking

MUNA Federal Credit Union Fresh Start Checking

  • Renasant Bank
    Form of Verification:

    2 forms of ID

    Special Notes
    • They do not use ChexSystems
    • 2 forms of ID are needed
    • $50.00 deposit to open the account

    Person that got an account:

    Thanks for the help. I was able to open a checking acct with debit card and checkbook with Renasant bank based in Tupelo, MS.

    Email from Bank:

    If you have no outstanding balance at Renasant Bank, you can open an account.

    Types of Accounts Offered:

    Personal Checking, savings, and business

    Learn more about Renasant Bank
  • First National Bank of Picayune
    Form of Verification:

    TeleCheck

    Email from Bank:

    We use TeleCheck.

    Types of Accounts Offered:

    Personal checking and savings

    Learn more about First National Bank of Picayune
  • Magnolia Federal Credit Union
    Email from Bank:

    We use TeleCheck when opening a checking account.

    Types of Accounts Offered:

    Personal checking and savings

    Learn more about Magnolia Federal Credit Union
  • First Bank
    Form of Verification:

    TeleCheck

    Email from Bank:

    We use TeleCheck.

    Types of Accounts Offered:

    Personal checking, savings, and business accounts

    Learn more about First Bank
  • Farmers and Merchants Bank
    Form of Verification:

    Credit report

    Email from Bank:

    We pull a credit report through Equifax.

    Types of Accounts Offered:

    Personal checking and savings

    Learn more about Farmers and Merchants Bank
  • Commercial Bank & Trust Co.
    Form of Verification:

    Credit report

    Email from Bank:

    The normal procedure when opening a checking or savings account with our bank is for us to obtain a copy of your credit report.

    Types of Accounts Offered:

    Personal checking savings and business accounts

    Learn more about Commercial Bank & Trust Co.
  • 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
  • PriorityOne Bank
    Form of Verification:

    ID

    Email from Bank:

    I called and they do not use ChexSystems and only use Equifax to check identity. This does not run a full credit report.

    Types of Accounts Offered:

    Personal checking, savings and business accounts

    Learn more about PriorityOne Bank
  • Holmes County Bank & Trust Company
    Form of Verification:

    Credit report

    Email from Bank:

    I called and they do not use ChexSystems but will run a credit report.

    Types of Accounts Offered:

    Personal checking, savings and business accounts

    Learn more about Holmes County Bank & Trust Company
  • Citizens National Bank of Meridian
    Special Notes

    My Clean Slate Checking is designed to offer you a second chance if past credit issues have kept you from opening a checking account. With My Clean Slate you can regain your financial strength, improve your credit scores, and eliminate costly check cashing fees.

    • $9.95 monthly charge with direct deposit you get a $2.00 savings
    • After 18 months in good standing, you may graduate and apply for a traditional checking account!
    Types of Accounts Offered:

    Second chance checking

    Learn more about Citizens National Bank of Meridian
  • BankPlus
    Special Notes

    Bankplus has a program called Creditplus, it involves completing an 4 hr course on credit and at the end of the class each participant receives an certificate that allows you to qualify for an $500 or $1000 loan based on your credit score. This loan is intended to help improve ones credit, but you also get to open up a checking and savings account regardless of TeleCheck or ChexSystems.

    Types of Accounts Offered:

    Special checking for those reported to ChexSystems

  • Mississippi Telco Federal Credit Union
    Form of Verification:

    TeleCheck

    Special Notes

    I called and they said they only use TeleCheck.

    Types of Accounts Offered:

    Personal checking and savings

    Learn more about Mississippi Telco Federal Credit Union