1. Member Knowledge Base
  2. Debit and Credit Cards

What is ChexSystems?

The ChexSystems, Inc. network is made up of member financial institutions that regularly contribute information on mishandled checking and savings accounts to a central location. ChexSystems shares this information among member institutions to help them assess the risk of opening new accounts. ChexSystems only shares information with the member institutions; it does not decide on new account openings.