Bank Of America
Ripoff

Business & Finance

Consumers should continue to raise their collective voices about the absurd practice of charging consumers a fee to cash a check drawn on the same bank. Tellers at Bank of America use the same canned line, "All banks are doing it" and some how they seem to think what their saying is REALLY true, and THAT, makes it right.
Well it's not! First of all, not all banks charge this fee. My bank in Tennessee does not charge a fee, my bank only charges a fee to cash a check not drawn on it. The fee they charge is $2.00 and only to non-customers. Sound like a small country bank?

Well it is, yet it's one of the top fifteen banks in the United States, and better yet, it's owned by its depositors.

In the past, major banks spent billions of dollars advertising their establishments using key words such as "Friendly", "Considerate", "Hometown", and the best known slogan; "We know you by name". WHO are they kidding?
Fifteen years ago, most banks were actually sincere in their advertising. Then came the buyouts; banks buying banks, banks changing their names and then being bought out, and then changing their name again. This trend continues today.

Major banks have no identity. They are constantly changing hands and recovering their expenses from the public for maximum profit, thus their need for additional cash sources and thus they're depersonalization of the public.

I pray the small banks survive.


Company: Bank Of America
Country: USA
State: Tennessee
City: Nashville
Address: Murfreesboro Road
  <     >  

RELATED COMPLAINTS

Fifth Third Bank
Charged a FEE to CASH checks drawn on Fifth Third Bank!

Bank Of America
The Greed of Bank of America

Chexsystems
Decieving organization that says it protects consumers and banks but it is only banks that it protects

Bank of america
WE the consumer have the power, We can abandon BOFA and go else where!

Bank Of America
$5 Check Cashing Fee for a BANK OF AMERICA check!

Bank of America
Creates economic failure

US Bank
National Boycott of U.S. Bank

Bank Of America
Ripoff CHARGES FOR CASHING A CHECK San Antonio Texas

Key Bank
Ripoff

Bank Of America
Look what bank of america did ripoff all over nationwide