The Best Banks & Credit Unions in Virginia 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 Virginia 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 Virginia 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.

First National Bank 2nd Chance Checking

Healthcare Systems Federal Credit Union Second Chance Checking

Member One Federal Credit Union Smart Choice Checking

PortAlliance Federal Credit Union Smart Choice Checking

Your Community Credit Union Fresh Start

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

The Old Point National Bank of Phoebus

Form of Verification: TeleCheck

Email from Bank:

We open new accounts we verify the information through TeleCheck.

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

Learn more about The Old Point National Bank of Phoebus

Bank of Floyd

Form of Verification: Credit report

Email from Bank:

When we open an new checking or savings account, we pull a credit report. We are looking for a score of 590 and any type of judgements.

Learn more about Bank of Floyd

Lee Bank & Trust Company

Form of Verification: Credit report and ID

Special Notes:

Could you please tell me how you verify new checking and savings accounts. Do you use ChexSystems, TeleCheck, or a credit report? (see email )

Email from Bank:

We use valid picture ID's, Credit Reports, OFAC Check and we must be looking you in the eye.

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

Learn more about Lee Bank & Trust Company

The Blue Grass Valley Bank

Form of Verification: ID

Types of Accounts Offered: Personal checking and savings

Learn more about The Blue Grass Valley Bank

Peoples Advantage Federal Credit Union

Form of Verification: TeleCheck and a credit report

Email from Bank:

Yes we do use Equifax TeleCheck when opening a new checking account-credit report is pulled when applying for credit.

Types of Accounts Offered: Personal checking and savings

Learn more about Peoples Advantage Federal Credit Union

Bank of Botetourt

Form of Verification: Equifax Credit report

Email from Bank:

Thank you for your interest in Bank of Botetourt products and services. If you are not currently a bank customer, we pull a credit report. Decisions are based on your overall credit, not a particular score.

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

Learn more about Bank of Botetourt

United Southeast Federal Credit Union

Form of Verification: TeleCheck

Email from Bank:

United Southeast Federal Credit Union uses the TeleCheck System when a member comes into our office to establish a new account with US.

Types of Accounts Offered: Personal checking and savings

Learn more about United Southeast Federal Credit Union

UVA Community Credit Union

Form of Verification: Equifax

Email from Bank:

We use an Equifax credit report

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

Learn more about UVA Community Credit Union

Chesapeake Bank

Form of Verification: TeleCheck

Email from Bank:

We use TeleCheck

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

Learn more about Chesapeake Bank

Citizens and Farmers Bank

Form of Verification: TeleCheck

Email from Bank:

Thank you for contacting us at C&F Bank. We do use TeleCheck and others before opening a new account. Thank You.

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

Learn more about Citizens and Farmers Bank

Access National Bank

Form of Verification: Credit report

Special Notes:

Details on account:

  • Full service personal checking
  • $500 minimum deposit to open
  • Unlimited check writing privileges

Monthly statements include check images (front and back) No monthly maintenance fee if $1,500 daily balance is maintained in the account. If the balance falls below $1,500, a $12.00 monthly maintenance fee will be charged.

Email from Bank:

Access National Bank does not use ChexSystems or other check reporting firms, but we do pull credit on all account owners / signatories. Access National Bank only services accounts for individuals / businesses residing in the DC Metro Area which consists of Virginia, Maryland, and Washington DC. A score of 680 or higher is preferred.

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

Learn more about Access National Bank

Beacon Credit Union

Form of Verification: Credit report

Email from Bank:

When some one applies for a new checking account we do a credit report through Equifax. Normally we are looking for a score 600 for checking and 625 for the debit card on the account but can sometimes be approved even if it is lower.

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

Learn more about Beacon Credit Union

Member One Federal Credit Union

Form of Verification: Credit report

Email from Bank:

We verify new accounts using a credit report from Equifax.

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

Learn more about Member One Federal Credit Union

MainStreet Bank

Form of Verification: TeleCheck

Email from Bank:

We use the TeleCheck system and a credit report to verify qualifications for holding an account with our institution.

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

Learn more about MainStreet Bank

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. There is a 15.00 monthly fee FOR A BUSINESS ACCOUNT.

$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

UVA Community Credit Union

Form of Verification: Credit report

Email from Bank:

Justlan: Hello, how can I help you?

RB: Hi, I am wondering if I open a checking account there, do you use ChexSystems or a credit report?

Justlan: Yes, your information is ran through the equifax system to check for outstanding debts you may have with other institutions.

RB: ok, but you do not use ChexSystems, only Equifax?

Justlan: We use only Equifax, in the past we used TeleCheck.

RB: okay thanks for your help.

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

Learn more about UVA Community Credit Union

Pioneer Bank

Form of Verification: TeleCheck

Special Notes:

They do not run any credit report at all other than TeleCheck.

Email from Bank:

We use TeleCheck

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

Learn more about Pioneer Bank

Benchmark Community Bank

Form of Verification: ID

Email from Bank:

We currently do not use any of the systems that you asked about but we do require that accounts must maintain positive balances or they will be charged off.

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

Learn more about Benchmark Community 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

Carter Bank & Trust

Form of Verification: Credit report

Special Notes:

I also called several locations and they told me that they do not use ChexSystems.

Email from Bank:

Under Federal Regulation known as the "FACT ACT" we are required to obtain a credit report prior to the opening of any account. Thanks for your interest in Carter Bank & Trust.

Types of Accounts Offered: Personal checking and savings accounts

Learn more about Carter Bank & Trust

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