Usacomplaints.com » Business & Finance » Complaint / Review: Compass Bank - Warning - Debits are processed before credits. #439054

Complaint / Review
Compass Bank
Warning - Debits are processed before credits

* rip-off warning *

Compass Bank debits funds from accounts and always credits funds after all debits have been processed. This includes credits transferred from other accounts residing at Compass.

The end result is multiple NSF fees, even if the customer deposited/transferred the funds before making the debit.

Furthermore, if a customer has multiple accounts, Compass Bank will not transfer the funds it needs from an account with funds in order to cover debits from an account without funds.

If you are a current customer of Compass, you should immediately close your accounts and choose a more consumer friendly bank. If you are considering opening an account with Compass, consider wisely..


Offender: Compass Bank

Country: USA   State: Alabama   City: Birmingham
Address: 15 South 20th Street
Phone: 2052973000

Category: Business & Finance

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