Our editorial team is independent and objective. To help support our review work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Bankiful site. This site does not include all companies or products available within the market.

We also include links to advertisers’ offers in some of our articles; these “affiliate links” may generate income for our site when you click on them. The compensation we receive from advertisers does not influence the recommendations or advice our editorial team provides in our articles or otherwise impact any of the editorial content.

While we work hard to provide accurate and up to date information that we think you will find relevant, Bankiful does not and cannot guarantee that any information provided is complete and makes no representations or warranties in connection thereto, nor to the accuracy or applicability thereof. Here is a list of our partners who offer products that we have affiliate links for.

Second Chance Banks and Credit Unions in Texas

Rebuild your credit in the Lone Star State! Find the top second chance banks and credit unions in Texas offering fresh starts.
second-chance-banks-in-texas

According a Federal Deposit Insurance Corporation (FDIC) 2021 Survey, 5.6% of Texas residents live without a traditional bank account. It’s estimated that unbanked people pay up to 10% of their salary for check cashing services.

If you're unbanked in Texas and looking for a second chance bank or credit union in Texas, we've compiled a list of the best second chance banking options.

Prefer the benefits of online-only banking like earning high-interest on accounts? Check out these top online second chance banking options.

Featured Offer

SoFi Bank

Bonus Offer

Earn up to $325*

Minimum Deposit

$10

Rates

4.60% APY with direct deposit

Apply Today

Apply at SoFi Bank's Secure Site

Features we like most
  • Earn a $25 bonus if you make a $10 opening deposit.

  • Earn an additional $300 bonus with a qualifying direct deposit.*

  • Get paid up to 2 days faster with direct deposit.

  • Unlock a 4.60% APY on savings account balances with any amount of direct deposit.

  • No monthly maintenance fees.

  • Cash deposit accepted at over 90,000 retailers nationwide.

Featured Offer

SoFi Bank

Apply Today
Apply at SoFi Bank's Secure Site

Bonus: Up to $325

Minimum Deposit: $10

APY: 4.60% with direct deposit

Features we like most
  • Earn a $25 bonus if you make a $10 opening deposit.

  • Earn an additional $300 bonus with a qualifying direct deposit.

  • Get paid up to 2 days faster with direct deposit.

  • Unlock a 4.60% APY on savings account balances with any amount of direct deposit.

  • No monthly maintenance fees.

  • Cash deposit accepted at over 90,000 retailers nationwide.

Best Second Chance Banks in Texas

Discover the best second-chance banking options in Texas. Compare rates, fees, and resources to pave your path to financial recovery.

1st Convenience Bank

The eAccount does not require an opening deposit and has a $5 monthly service fee. You'll have free access to online banking, mobile deposit, bill pay and account alerts.

Bank of Texas

The Opportunity Checking account requires a $25 opening deposit and has a $5 monthly service fee. Customers get free access to more than 32,000 MoneyPass ATMs nationwide plus online banking, mobile deposit, bill pay and account alerts.

Bank of Montgomery

The EZ Checking account requires a $0 opening deposit and has a $0 monthly service fee. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

Extraco Banks

The Bank On Checking account requires a $25 opening deposit and has a $4.95 monthly service fee. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

Falcon Bank

The EZ Checking account requires a $0 opening deposit and has a $3.50 monthly service fee. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

Independent Financial

The Intro Checking account requires a $25 opening deposit and has a $4.95 monthly service fee. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

Moody Bank

The Moody MyFreedom Account requires a $25 opening deposit and has no monthly service fee. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

First Federal Bank of Louisiana

The Smart Access Checking Account requires a $25 opening deposit and has a $5 monthly service fee. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

PlainsCapital Bank

The Basic Access Checking Account requires a $25 opening deposit and has a $5 monthly service fee. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

PNC Bank

The Foundation Checking Account requires a $0 opening deposit and has a $5 monthly service fee. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

R Bank

The Refresh Checking Account requires a $25 opening deposit and has a $5 monthly service fee. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

Regions Bank

The Regions Now Checking Account requires a $10 opening deposit and has a $5 monthly service fee. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

Regions Bank

The Regions Now Checking Account requires a $10 opening deposit and has a $5 monthly service fee. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

Rio Bank

The Fresh Start Checking requires a $25 opening deposit. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

Simmons Bank

The Affordable Advantage Checking Account requires a $25 opening deposit. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

SouthSide Bank

The eChecking Account requires a $25 opening deposit. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

SunFlower Bank

The Achievement Checking Account requires a $25 opening deposit and has a $5 monthly service fee. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

Truist Bank

The Truist Confidence Account requires a $25 opening deposit and has a $5 monthly service fee. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

Veritex Community Bank

The Verismart Checking Account requires a $25 opening deposit and has a $5 monthly service fee. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

Vista Bank

The Aspire Checking Account requires a $1 opening deposit and has a $5 monthly service fee. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

WaFd Bank

The Fresh Start Checking Account requires a $25 opening deposit and has a $4 monthly service fee. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

Best Second Chance Credit Unions in Texas

Both banks and credit unions are financial institutions, but there's a difference in credit unions and banks

Banks tend to offer a wider range of financial products and services to a larger audience, while credit unions often provide more personalized service and focus on the needs of their specific membership community.

Credit union membership may be contingent upon strict requirements that vary depending on the credit union’s objective.

American Airlines Credit Union

The ASCEND Checking Account requires a $25 opening deposit and does not have a monthly service fee if direct deposit is set up. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

Chocolate Bayou Credit Union

The Clean Slate Checking Account requires a $0 opening deposit and has a $5 monthly service fee. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

Credit Human Federal Credit Union

The Sensible Spend Account requires a $0 opening deposit and has a $3 monthly service fee. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

Doches Credit Union

The Fresh Start Checking Account requires a $50 opening deposit and has a $0 monthly service fee. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

First Central Credit Union

The New Beginnings Checking Account requires a $100 opening deposit and has a $10 monthly service fee. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

Kelly Community Federal Credit Union

Anyone with a ChexSystems record of less than $800 unpaid is eligible for the Smart Choice Checking that has an $8.00 monthly fee.

Memorial Credit Union

The New Path Checking Account requires a $5 opening deposit and has a $10 monthly service fee. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

Neighborhood Credit Union

The Fresh Start Account requires a $25 opening deposit and has a $20 monthly service fee. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

Premier America Credit Union

Premier America Credit Union offers a “Fresh Start” checking account for people with past ChexSystems records. The minimum deposit required to open an account is $25 and the monthly service fee is $13 without direct deposit or $10 with a minimum $200 monthly direct deposit.

Prestige Community Credit Union

The Fresh Start Checking Account requires a $0 opening deposit and has a $5 monthly service fee. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

River City Federal Credit Union

The Fresh Start Checking Account requires a $25 opening deposit and has a $5 monthly service fee. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

SELECT Federal Credit Union

The Fresh Start Checking Account requires a $25 opening deposit and has a $10 monthly service fee. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

Shell Federal Credit Union

The Boost Checking account only requires a $1 minimum opening deposit.

Texas People Federal Credit Union

The Opportunity Checking Account requires a $100 opening deposit and has a $7 monthly service fee. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

Unity One Credit Union

The Clean Start Checking Account requires a $50 opening deposit and has a $10 monthly service fee. Customers have free access to online banking, mobile deposit, bill pay and account alerts.

United Heritage Credit Union

The Choice Checking account requires a $20 minimum opening deposit and has a $10 monthly service fee.

Learn how to earn more & save smarter

Get free tutorials, expert tips, news, and resources delivered to your inbox weekly.

You have been successfully Subscribed! Ops! Something went wrong, please try again.

Best online savings rates

The national savings rate is 0.47% APY. This online bank pays way more.

CIT Bank

Platinum Savings
5.05% APY
/Month
Minimum $5,000 balance
No maintenance fees
Mobile & Online Banking
Deposits are FDIC insured

Upgrade

PREMIER SAVINGS
5.21% APY
/Month
Minimum $1,000 balance
No maintenance fees
Mobile & Online Banking
Deposits are FDIC insured

Quontic Bank

HIGH-YIELD SAVINGS
4.50% APY
/Month
Minimum $100 balance
No maintenance fees
Mobile & Online Banking
Deposits are FDIC insured
Disclaimer: Our goal is to provide the most relevant and current information. However, the information is for informational purposes only and is not intended to be personal financial advice.

© 2024 Bankiful.com All rights reserved.