Some companies sell special credit reports for the purpose of bank account screening and checking history.

Banks, credit unions, and an array of consumer facing industries and merchants use bank account screening to help decide whether to offer you a checking or savings account, or to accept your personal checks and your electronic funds transfer (EFT) payment transactions. Some lenders also use deposit and payments account history data to inform eligibility and pricing for credit.

You may have negative information in your report if you had a checking account before and you have an unpaid negative balance on that account, such as from an overdraft that you have not repaid, if the account was closed by the bank, or if you were suspected of fraud related to the account. If you have been a victim of bank account and/or check-writing fraud, or have had prior difficulties opening or closing a bank account (such as being denied an account), review your check and bank screening report(s) and dispute them if inaccurate.

If someone is declined for a new checking or deposit account, the bank must provide them with an “Adverse Action Notice” that includes the name and contact information of the screening company that sold the report.

View the companies selling special credit reports for bank accounts and checking history.

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