Unable to Open Account Online - Deposit Account Score?

Can anyone explain and provide more specific information on this? ty <3

Application to open a simple checking/savings account was declined.

Explanation follows, but I'm puzzled. My credit score is good, no debt and solid history of responsible money management, I have accounts with other banks, no misses on credit card payments, and my other accounts are well funded. 🤔

Thank you for your interest in opening a deposit account with us. At this time, we're unable to open the following account(s) for you... [REDACTED]

Our decision was based in whole or in part on information obtained from the consumer reporting agency or agencies listed below. The agency or agencies played no part in our decision and are unable to provide specific reasons why this action was taken.

Your deposit account score is a number that reflects the information from your deposit account history in your consumer report. Your deposit account score of [REDACTED, from 7-800] used by us in taking the above action, was created on March 27, 2025 and provided by an external consumer reporting agency Early Warning Systems. The range of possible scores is 495 to 1000. Your score can change depending on how the information in your consumer report changes.

The key factors that adversely affected your deposit account score were:

• The number of different banks inquiring during the last year
• The status of the relationship with the inquiring bank
• The number of times account(s) have been in a high risk status

Please note that these factors relate only to your deposit account score. If you have questions regarding your deposit account score or the factors affecting the score, please contact Early Warning Systems using the information above.