Complaint / Review
BankAtlantic
Collective Law Suit needed against this company fraudulent banking policies

I'm very sure that there are a lot of people being ripped-off by BankAtlantic's banking policies. Some of the most practiced methods are as follow:

Checks (even payroll) are held back from being deposited for two or three days (longer if deposited on a Friday). If you get cash back from that check it will work against you.

Transactions not posted in the order they take place (both debit or credit purchases). They are pending until the bank seems fit, and usually from greatest to smallest, thus decreasing the account balance faster to their advantage.

Web pages do not disclose to the customer the true account activity taking place at the time of inquiry.

Weekends and holidays transactions (except for debit or credit purchases) not posted until the following working day. E.G. A cash deposit made on Saturday will have the deposit date of the following Monday.

Overdraft fees are hidden from consumer until the account is low enough to charge, thus showing a false available balance.

And the list can go on and on...

There should be a law that protects the consumer against the malpractices from big companies such as this one. And if there is I hope that a qualified lawyer will take this case and make this bank pay for its abuse of trust.