Most people will never hear about ChexSystems unless they eventually have their bank account closed and/or are denied a New Checking Account.
ChexSystems is a very quiet and powerful company that provides account verification services to its financial institution members to aid them in identifying a New Applicants Risk Level.
If you pose a risk, you can lose your current account(s) and be DECLINED for future bank accounts.
ChexSystems started in the early 1970′s and has evolved to the point that most if not all Financial Institutions use their services.
Think you are in ChexSystems?