Suntrust Bank
$7 Account Analysis Fee Added to Bounced Check Fees

I was just reading some other reports about fees from SunTrust Bank.

I have never used SunTrust Bank myself, and this is the first time I am looking at our statements from last month. We have a small business checking account (non-profit community association) in which we had made several small deposits that bounced last month. The bank already charged our account $15-$20 (I am not sure why the fee varies) for each check that did not clear, but on top of that they also charged a $7 account analysis fee. These bounced checks totaled under $50, and we had over $10k in the account all month, so it certainly was not a charge for floating money that was not yet cleared, as one person who responded to another post claimed.

I looked on their website for a list of account fees but could not find a breakdown of the checking account fees. The same month on our money market account, they charged a $1 check image statement fee. There were no transactions on that account and over $5k in it. That pretty much eats up the interest paid for the month on the account.

Company: Suntrust Bank
Country: USA
State: Virginia
City: Woodbridge
Site: suntrust.com

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