I opened my account with Compass Bank in early 2005. After repeated deposit mistakes, wrong information about when things would credit, etc I decided to close my account in mid July. I went in to the branch, filled out a withdrawal slip for what the teller told me was my balance to close the account. I then gave her my debit card and watched her cut it up. Over the course of the next two months I received bank statements with line item after line item of NSF and OD fees.
They let my account accrue $1,146 in fees before they closed it out! They have now reported me to a check writing agency and I had a difficult time getting another account. Luckily the bank I am with now understood when they saw what bank was reporting me. This is a scam and I see on here that I am not the only one. I would suggest we all find a way to file suit. Today I spoke with a manager at another branch who assured me someone would call to rectify the situation... I highly doubt they will. It has not been the case in the last 5 months of trying. I am in the process of contacting the banking commission and the better business bureau. They need to be stopped!
Peggy
Phoenix, Arizona
U.S.A.
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