Top Banks that Don’t Use ChexSystems in Alaska

Financial Freedom in Alaska

Have you been thinking about what causes denial every time you apply for a checking account in Alaska? Well, you’ve probably been looking in the wrong direction.

But not to worry, we have some good news for you. And it doesn’t matter whether you have some history with ChexSystems, here are some financial institutions that are ready to partner with you.

Non-ChexSystems and Second Chance Credit Unions in Alaska

About 85% of Alaskan banks use a platform called ChexSystem to audit their applicants for new checking accounts.

So if you have a record of identity theft, multiple overdraft checks from different banks, or failure to discharge the overdraft fees, ChexSystems will prevent you from pulling through the process.

And the worrisome part is that it puts a red flag on you – a signal that makes it hard to find a bank willing and ready to work with you.

However, the silver lining here is that some credit unions understand you’ll need a bank checking account to offload your bills, manage money, among others. So they’re ready to pull you back on the path of financial ease without ChexSystems.

On that note, let’s run through the Non-ChexSystems checking accounts together as you choose the best for yourself.

1. Chime

Your previous poor banking history is not a problem with Chime. However, an erroneous impression that needs to be corrected is the belief that Chime is a bank.

No! It’s a financial tech company and its goal is to provide you with a debit card, a reliable and active financial app, and a Chime Credit Builder Visa® Credit Card.

Meanwhile, all these amazing offers come without demanding a credit card. That’s a thrilling banking experience!

The spending account will cost you no cent alongside the following perks:

  • No monthly deductions for maintenance.
  • Eligible members are entitled to a no-fee policy for debit card purchases up to $200.
  • You can start building up your savings immediately.
  • You can use the direct deposit to fast-track your payment as early as 2 days.
  • No fees for minimum balance and foreign transactions.
  • No fees on ATM transactions in locations like CVS, Walgreens, and others.
  • More than 0.50% APY on your savings account.

What makes the Credit Builder more exciting is that you get to boost your credit score up to 30 points every time you make your payments as and when due.

Also, you won’t have to worry about interest deductions, credit checks, or annual charges.

With Chime, you can be assured of your security. All you have to do is put on your transaction notifications to receive quick alerts on your debit card.

And if the card goes missing or you feel compromised, we’ll advise that you block the card immediately.

Learn more about Chime here.

2. Sable

Do you need a secured debit card and credit card with no ChexSystems? All you need is barely 5 minutes to create an account with Sable without social security number.

Sable Credit is the #2 on our list and this is due to the irresistible offers you get to enjoy instantly after account creation.

It doesn’t require a minimum deposit, no irrational charges, and no credit checks. This means that you have no obstacle to worry about as you start growing your credit.

After opening an account with Sable, you’ll also have access to an insecure credit card. But that’s approximately 4 months after making purchases with the secured card.

That’s 3 times quicker than what the conventional banks offer. However, you shouldn’t see this platform as an avenue to perpetrate dubious or fraudulent activities.

Apart from building your credit score faster than anywhere else, the Sable card will also give you a blank check of double cash back match for the first year and a 2% cash back on all your favorite stores.

Even if you’re not a US citizen, you can create your account with your Visa and passport. And you don’t have to wait till you enter the US to start growing your credit.

In other words, you’re a global citizen alongside over 400,000 Sable account holders.

Can you see why this is your surest and fastest gateway to financial freedom?

Switch to Sable by creating an account here and now.

3. MAC Federal Credit Union

Do you know that you have whopping leverage with MAC Federal? Yes, your application for a checking account can pull through even with Chexsystems in as much as your history is free of fraud.

You can check out the eChecking option if you want an account easily accessible and that doesn’t require a minimum balance.

Another bonus here is that you have a big shot at earning a 2.00% Annual Percentage Yield on every balance that is up to $10,000.

Meanwhile, a major challenge you might encounter is that you can only be a member of MACFCU if you’re residing, studying, working, or using the metropolitan services of Fairbanks-North Star Borough.

And that falls into two major hotspots – 10th Avenue and Ft. Wainwright.

So if you’re in any of these locations, MACFCU brings some fantastic financial services to your doorstep.

Depending on your needs, MAC Federal has accounts for both personal and official members. And you can also have access to various share rates and loans, ranging from personal to mortgage and loans for your automobiles

Each member will have a debit card and credit card with premium services to himself. And there are nine accessible and comfy ATM booths evenly distributed around Fairbanks-North.

How about insurance? You deserve the guarantee that accompanies reliable insurance and that’s exactly what you’ll get as you partner with MAC Federal.

Join the lucky members of Fairbanks-North Star Borough today.


This is a message of hope to more than 17 million Americans living without checking accounts. All that you need to do is deal with the sense of distrust that you might have against financial institutions.

Your previous poor choices might have also caused this financial struggle but you can get on track with any of these Non-ChexSystems credit unions or banks. You can also check for more second-chance financial institutions in Alaska. Good luck!

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