Complaint / review / scam report
53rd Bank
Fees are outrageous and they claim its free... It is not free

Complaint / review text:
I have two accounts with 53rd bank. I made a mistake and yes I did bounce a check on accident. I have no problem paying a bounce check fee for this mistake that I caused. I looked online because again it was my mistake I did not write a transaction in my register. Online told me I had a negative of $5.00 in the account. I made a deposit to cover everything. Next thing I know in the mail I opened a letter telling me I have bounced check charges. I look online and in two days they charged me $210.00 FOR TWO DAYS...
I go into the bank on Jungermann Road in St. Peters Missouri and talk to the branch manager, Chris. Even Chris admited the fees are very OUTRAGEOUS!
All he did was offer me 1/2 off the fees. I got charged $66.00 for an overdraft fee and then $48.00 for a daily overdraft fee. I asked him what is a daily overdraft fee... All he could say is "most banks now have this".
I admit I should have never bounced a check but $210.00 in two days for a negative $5.00?! CRAZY!
I closed my accounts and left and had a church meeting that afternoon where I had to do a speech in front of 350 women, I used 53rd as an example of taking advantage of the system. After the speech I had several people tell me they have been abused by the bank as well.
The company I work for closed their account as well due to my situation.
By the way, went to Commerce Bank down the street and opened three new accounts and read the fine print...
Free Checking
Free ATM
$25.00 OVERDRAFT FEE PERIOD!
No hidden scams, fees...
53rd I will never do business with again and I hope if you bank there you will watch your account. If we keep letting them take advantage of us, they will never end. Funny how they take such advantage of us and charge us outrageous fees but in the long run they are still hurting and need a government bailout.
Here is a clue, be good to your customers and treat them right and they just might want to come back.

Contact information:


Offender: 53rd Bank

Country: USA   State: Missouri   City: St. Peters

Category: Business & Finance

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