Stearns Bank
Stay away

I worked for an Insurance company (Moody Inches.) which was owned by Group National Bank (today Stearns Bank) in Venice, FL. The financial institution went under. As workers, we'd the option, whenever we were employed, to purchase bank inventory having a proportion removed from our salaries each pay period. I decided 3%.

For That 3 years I worked there I'd that quantity removed. I UNDERSTAND lots of banks unsuccessful but what really chafes me is the fact that the financial institution Leader – Charles K Graham found our workplace often and informed us the financial institution was ok. To not consider our cash out! Before it went below and was absorbed by Stearns Bank Charles Graham found our workplace and informed us the Panel had spent $5m of the money-back in to the lender to maintain it solvent.

Subsequently no notice, no nothing, the financial institution went under! All my money and everybody else’s who'd signed up for this program dropped their cash. Charles K Graham continues to be in the bank though it has become Stearns Bank. He's performing perfectly!

I dropped my job last year and lastly possess a job meeting to get a possible work. Each time I see Charles Graham on an outing operating his extravagant vehicle and fitted towards the tops I simply wish to cry. I'd like all my cash back. Charles Graham UNDERSTOOD the bank was declining and he'd to possess lied concerning the panel people placing all that cash in to the lender.

Could anything be achieved??? To even Charles Graham?

Company: Stearns Bank
Country: USA

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