ChexSystems is a consumer assistance and reporting network where member institutions contribute information about closed checking and savings accounts. The information is distributed amongst current members and the network is designed to assist members in risk-assessment.
ChexSystems offers several links that provide detailed information about the Fair and Accurate Credit Transaction Act free annual report, identity theft, security freezes and ordering consumer reports. The consumer report order form is for financial institutions that have used ChexSystems in deciding to open a bank account but have been denied by the bank. The network also provides a sample consumer report to assist members in filling out their own forms. ChexSystems can also provide members with their consumer credit scores for a fee of $10.50, as of 2015. Members can complete and mail a score order form to the Consumer Relations department to receive their scores.