I applied to my local credit union and was declined :
The letter said they got their info from chexsystems, so I ordered a report and I got it in the mail Friday.
It says I have a chargeoff from US bank from 11/05. Looking back, I probably do, I'd moved to Houston at the time, and got a bank account at Chase because they had a deal with my new job, and there was no US bank there. Less than a month later, before I could close out the account at US bank, my son became illl, and I moved once again to California to move in with my mom through my son's illness, His official terminal diagnosis came on 11/05, following several months at various children's hospitals, so if I did get a notice, I didn't put it as a priority at the time. I ended up keeping Chase, even though there are no chase banks around, and completely forgot about US bank.
I've had Chase since then, even though there aren't any local branches, and haven't been overdrawn, or anything with them ever. I just have my checks direct deposited or mail them in, and pay most of my bills online anyway.But, I wanted to go with a credit union because I like the idea of a credit union as compared with a big corporate bank.
So, the question is now, what do I do? Do I contact US Bank? Do I wait out the five years (which would just be to 2010)? Do I call the credit union and talk to a person, and tell them why that happened, and that I've been good with Chase for the life of my account with them? I'm in a position where I could pay off US bank (it was about $400 total).
