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Comerica Bank DOES use Chexsystems.

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11y ago

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Does comerica bank use chexsystem?

Yes, Comerica Bank does use ChexSystems as part of its account opening process. ChexSystems is a reporting service that helps banks assess the risk of opening an account for a potential customer by providing information about their banking history, including any negative records. If you have a poor history in ChexSystems, it could impact your ability to open an account at Comerica Bank.


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Comerica Bank received $2.25 billion in bailout funds through the Troubled Asset Relief Program (TARP) in 2008. This was part of a broader effort by the U.S. government to stabilize the financial system during the economic crisis. The funds were intended to help the bank bolster its capital base and continue lending amidst the financial turmoil.


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The answer is no. Bankruptcy puts the debtor into federal protection and out of jurisdiction of any collection type action against the person. If someone was put into chex systems while in bankruptcy it should be voided.


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