The Federal Reserve will now accept your bank complaint . Let them know why your bank is wrong for refusing you an account. And you can voice your disapproval of ChexSystems to the FTC using this online complaint form . In this day and age of technology, there is no reason banks have not come up with a solution for dealing with the problem. For instance, they could grant a savings-only account when an applicant has a negative ChexSystems record.
Savings accounts are basically free of risk to a bank.
There are government initiatives promoting this same argument, however the banks keep dragging their feet. Also, if you are curious as to what the people on the inside at ChexSystems are like then please read this message we received . Show your disapproval of ChexSystems by ordering your blank checks from an alternate source . We want to provide more information on all things related to ChexSystems.