Compass Bank
Compass Bank process largest debit first regardless of what order the debits come in causing more NSF on thier customers

Business & Finance

Compass Banks policy is to process the largest debit first, so if you have $200 in bank and you have 3 debits or checks out one for $4.00 one for $7.00 and one for $201, guess which one they process first? Thats right they process the $201 one first causing all three to bounce and then they charge you $38.00 for each one. Even if you can prove with debit slips that the lower amount purchases were made before the larger amounts, they still won't change there policy. Kind of sucks being $12.00 short and then get stuck with $114 worth of NSF fees.

This has got to change, many other banks do it this way as well. So beware before you write a check or use your debit card.

And if this has happened to you REPORT THE BANK TO THE Better Business Bureau maybe if they get enough complaints against them they will change there policies.


Company: Compass Bank
Country: USA
State: Arizona
City: Gilbert
Address: 77 S. Val Vista Dr
Phone: 8008225127
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