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Can a bank run a full credit check to only open a checking account?


I only opened a checking account at a bank. The bank ran a full credit report on me. This shows in my credit report and hurts my score.

I did not apply for credit, could the bank run a full credit report on me? Did the bank violate the laws?

Sometimes banks will check to make sure that you have no fraud or financially suspect activities in your past. It's nothing personal, but some areas still have lots of problems with check kiteing and what not and the bank is trying to prevent problems down the road. I doubt that having a bank check your credit will impact your score, unless you opening a lot of accounts (credit card, mortgage, personal loan, etc.) over the course of a year. Whether the bank violated any laws would probably depend on where you live. If you are worried, send an email to the Bank Regulator in your state or region and explain your situation (Check the source list for a link to a site which lists who regulates banks in what states). They will be able to help if the bank did indeed cross the line. Good luck. Source(s): http://www.chicagofed.org/consumer_infor...
Did you read what you signed when you were opening the account? If you signed an agreement stating they can, they can.
Yes they can.
Yes they can. Chase and Bank of America usually run a full check. They want to make sure that you are responsible enough for a checking account.
they should have only run a chex systems check on you not a full credit report. The reason for the checks systems check was to see if you have ever had bad checks and if they are still in bad standing the only time a full credit report is done is when you get a credit card, buy something, or even get a loan. No bank should do that you need to talkto the bank about what they did to your credit score. Since this is not a credit issue they had no right to pull yours up at all.
Yes, some banks do run a full credit check, in addition to the chex systems check. The bank did not violate the law.
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