Review of Second Chance Banks and Credit Unions in Arkansas

Bank of ArkansasAre you looking for 2nd chance banking services in Arkansas? In fact, there are several different checking options for you: 2nd chance checking, fresh start checking and opportunity checking. And anyone of them can provide you with a second chance to start over or rebuild finance relationship.

Bank of Arkansas has branches in Fayetteville and Bentonville. And the bank offers opportunity checking with service fee of $14.95/month and opening deposit of $50.

Bank of the Ozarks‘ Pathway Checking is a 2nd chance checking account designed for those who previously have had difficulty getting an account.

Arvest Bank Offers restore checking for those who have failed to open regular checking accounts at other banks. The checking account comes with opening deposit of $100, maintenenace fee of $9 and many other free benefits. The bank has branch offices in Alma, Van Buren, Bella Vista, Tontitown, Benton, Springdale, Bentonville, Siloam Springs, Berryville, Sherwood, Highfill, Bryant, Russellville, Bull Shoals, Rogers, Cabot, Prairie Grove, Pea Ridge, Centerton, Paris, Clarksville, North Little Rock, Conway, Mountain Home, Elkins, Morrilton, Hindsville, Farmington, Mena, Fayetteville, Lowell, Flippin, Lonoke, Fort Chaffee, Little Rock, Lincoln, Fort Smith, Lead Hill, Gentry, Jacksonville, Gravette, Huntsville, Greenwood, Hot Springs, Harrison, West Fork and Yellville, AK.

Diamond Bank‘s Encore Checking is also a good second chance for you. Once you make an initial deposit of $100, you’ll be eligible to apply for the special account. And there is no requirement of balance. Although the service fee is only $10/month, you can enjoy benefit of unlimited check-writing! You can apply for the type of account at any following branch locations: Mt Ida, Hope, Glenwood, Murfreesboro, Dierks, Hot Springs, Mineral Springs, Mena, DeQueen, Nashville, AK.

FCB of Crawford County‘s Fresh Start Checking account is specifically designed for those customers who are looking for a fresh start.

US Bank is also reported to offer second chance checking account. But I can’t find any information about it at its site( I note that it was once mentioned in a forum thread.

Liberty Bank of Arkansas provides its customers who have past banking challenges with New Opportunity Checking to re-establish a good financial reputation. Its service fee is $9.95/month.

Hope Community Credit Union‘s Easy Checking is reported to be designed for those customers who have been marked by Chexsystems or have a history of poor credit. The monthly service fee is $9.95 too. And there is a requirement of minimum balance of $25.

FOCUS Bank offers Fresh Start Checking accounts without requirement of Minimum Balance! And its monthly service charge is only $7.95. At the same time, you can enjoy many good features such as free online banking and mobile banking.

Western Federal Credit Union

Leave a Reply

Your email address will not be published. Required fields are marked *