I also have been hammered by Huntington Banks NSF Fees. However, my fees don't really make any sense to me. I have a direct deposit payroll check go into my account every other week and on the same day of the deposit I have also been charged this fee even with my account still in a positive standing.
I have called their collection's department in an effort to resolve this issue but was told that the over draft fee was a result of a pending item. Again, the key here is that while my account was showing a positive balance before the payroll deposit, once the deposit was posted to the account I was assessed a 36 dollar overdraft fee. How is that fair or legal?
As for the keeping a registry, In keeping it I know what I have available to me but when I go on line to compare the two and the online statement is showing me with one figure while my registry reflects that of another the common practice is to assume that the banks account of my activity is correct and more accurate to that of my own so when I reconcile it to match the bank, but did not know I had an NSF fee applied to my account what good is the registry?
Anyone is free to rebuttal my comments here but facts are facts and the facts here are that something is not right with the way this electronic banking deal is going on. Companies are able to report debits in a matter of minutes, why would there be a need to put a transaction into a pending state? If we were talking about a paper check I could see this being done but we are talking about electronics, and not the old style COBOL or RPG with the 80 and 96 column key cards.
If Huntington were to post the transactions as fast as they do the NFS fees there would be no issue to speak of, but with my having to lose $500.00 dollars of my hard earned cash because a transaction was pending in spite of the funds being in the account seems like pure theft to me and it is in no way shape or form fair and not to mention that I was charged this 36 dollar fee twice on one day. I'm willing to learn if anyone is willing to explain this to me, I'm listening.
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