Portions of this article were drafted using an in-house natural language generation platform. The article was reviewed, fact-checked and edited by our editorial staff. If you apply for a new checking ...

ChexSystems is a consumer reporting agency that runs reports on your savings and checking account history. It is commonly used by banks and credit unions to screen applicants before approving new ...

Opening a new checking or savings account can be difficult if you have a spotty banking history. Banks and credit unions report negative account activity such as involuntary account closures, habitual ...

The New York attorney general's probe of the consumer reporting agency ChexSystems could wind up helping unbanked consumers get into the financial mainstream. Processing Content As it stands, unbanked ...

Just as credit history plays a big role in getting approved for a new credit card, your past banking history helps determine whether or not you qualify for a checking or savings account. When you go ...

NEW YORK – Santander Bank has agreed to stop using a policy that often kept poor and low-income individuals from being able to open new checking or savings accounts, the bank and New York Attorney ...

While there are several reasons a bank may close your account, you can take steps to ensure you have an account available.

If you’ve ever been denied a bank account, chances are the decision was made after your banking history was reviewed through ChexSystems, which is a credit bureau that screens consumers seeking to ...

With ChexSystems, all that information is synthesized and packaged automatically according to criteria we set. If there are any remaining risk factors, then the decision can ultimately be left to a ...

ChexSystem is a reporting agency sort of like a credit reporting agency, like Experian, Equifax or TransUnion, but unlike those bureaus, ChexSystems only reports on activity related to deposit ...