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Posted

So I have been recently released from prison. 
 

While inside, my bank closed my accounts because of my conviction. I tried to open another account on Monday and was told that they were not able to open an account for me. 
 

My online brokerage also told me that I had 30 days to close my accounts (IRA, SEP and a taxable account). 
 

Any thoughts? It seems that banks are able to find my conviction and are using that to decline me. 

Posted

I responded to a post you left on another thread you started.

Did the state or the prison provide you with any information on getting acclimated once you were released?  There may be a resource you can call about opening a bank account.  I'd also mentioned using grok.com, X's version of AI.  You could ask a variety of questions to try to figure things out like...   Can I open a bank account if I've been convicted of _______ in [state]?

Long ago I had an issue opening up a bank account because I was listed on something called ChexSystems.  I had to contact ChexSystems to straighten out some incorrect information reported under my name after I moved.   ChexSystems may also report criminal backgrounds.  If I remember correctly, you can request your ChexSystems report, just as you can obtain your credit reports.

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