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jry0423

What are the chances that a bank just forgets to pull EWS?

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So yeah, 

 

I have a couple of accounts with EWS and Chex.  They're older, but still within a few years.  I'm trying to bank with a more local bank and Huntington seems to fit the bill for what I'm wanting.  I apped online, and both checking and savings were instantly opened.  I went to a branch the next day and made a small deposit into each.  It's been about a week, and both accounts are still open, and I got notice that my check card has been mailed, as well...  I found out after opening that huntington pulls EWS, so what are the chances that it somehow slipped through the cracks, and I'm gonna be fine?  

 

I have other accounts with Navy Federal (just because I've been there forever) Wells Fargo Opportunity checking, and Suntrust.  WF and Suntrust are not local, and the Opportunity checking doesn't allow mobile deposits.  I got it mainly for their current new account bonus.  

 

I'm in EWS and Chex, and while they're oldish, I do still owe on them.  One account with Chase and one with Key Bank, plus an old joint account I had with 5/3 bank but that one was paid, and may have fallen off by now.  

At what point can I be comfortable with setting everything up through Huntington?  Since the old accounts, my income has increased drastically, and I no longer am living with low or negative balances...

 

 

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Merely being IN the database does not automatically mean one is going to be declined for a new account.  Some banks actually USE that thing called discretion and look at whether you burned THEM or how long ago it was that anyone got burned...

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Well that would be helpful.  I was under the impression that with a lot of banks, just having a file with EWS or Chex meant no account.  Maybe thats not the case, then.  I'll be hopeful. 

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5 hours ago, jry0423 said:

Well that would be helpful.  I was under the impression that with a lot of banks, just having a file with EWS or Chex meant no account.  Maybe thats not the case, then.  I'll be hopeful. 

Always remember that the larger the bank, the less likely they are to actually use discretion...smaller banks actually tend to take the time to look at the customer.  There ARE some where character and capacity still count for something...

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The above can be true, but note that EWS is usually the kiss of death on approvals.

**Some banks and credit unions ignore EWS and Chex if the info is over a certain age. 

 

Negative Chex and EWS info should fall off after 5 years.

 

Edited by tmcgill

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