Citizens Bank
Citizens Bank Ripping Customer Off

Business & Finance

I handled the Residents Bank at 4570 Fifth Avenue, Pittsburgh, PA 15213 twice previously couple of years and also the lender robbed me, lied to me and ripped me down.

The very first time happened in after I achieved using the banks financial consultant Joe. I told him that I'd prefer to do some short term (around three years) expense and would want the cash in three years. I also informed him to become careful. He explained he understood my requirements and might consider excellent care of my income. He then showed me a and explained that kind of expense was doing perfectly. The number confirmed the inventory rising, although the bend shifted up gradually. Once the first weeks declaration arrived, I dropped about $5000; subsequently about $3000 within the next month. I named Joe and indicated my problem. He explained he requested a number of his buddies plus they informed him the inventory might prosper and increase. I respected him and stayed put. The 3rd month declaration arrived and that I dropped another $2000. I named him again and he explained it'd improve. However it didnt. Significantly less than 8 weeks, I dropped over $15,000. Every month the declaration noted a reduction. Later, a financial consultant of another lender confirmed me that Joe set my profit Class-C shares also it might consider about 22 years to determine any return. I had been also informed that poor shares settled large profits. I really could not think Resident Bank employed a liar and spouse like Joe to assist its clients.

In Regards to A year before I popped a merchant account with Residents Bank (Pittsburgh doesn't have way too many options for bank). A couple weeks before, I had a need to cable cash to a different lender and shut the consideration. Therefore, I visited the Residents Bank at 4570 Fifth Avenue, Pittsburgh, PA 15213. A woman achieved with me and explained that she might insert the cash for me personally after which shut the consideration for me personally following the wiring procedure. She also stated that I'd not require to visit the financial institution to shut the consideration easily signed a document. I expected her easily could be billed a charge easily got my cash out and also the cash left mightn't meet up with the balance requirement. She stated I'd not be billed. And so I closed the document and waited to listen to in the lender. A few months later, I obtained a declaration from Residents Bank, displaying that I had been billed a $20.00 maintenance charge. Additionally, it confirmed that I had been provided $31.16 as curiosity.incidentally, Individuals Bank costs you $2.00 to get a document declaration every month, that will be not the exercise at a number of other banks. Clearly, the curiosity is for that interval (about 10-11 days) when my money using the lender, i.E. Right from the start of the very current declaration interval till your day I withdrew the cash, about 10 or 11 days. After I requested the banks consultant to withdraw the preservation charge, she stated she couldn't do this since I didn't shut my consideration following the lender sent my income. She also stated that I'd not get my curiosity if my consideration was shut following the cash was born and prior to the end-of the declaration time. I had been surprised to determine the lender could easily get away with laying to its client and "officially" maintain its clients' cash. First, they told me that I'd not be billed a charge, however now they charged me. Next, the bank consultant explained the bank might maintain the curiosity that I had been eligible for have easily shut my consideration prior to the end-of the declaration interval, despite the fact that the curiosity was for that 10-11 times when my cash was nevertheless using the lender. Although the quantity in my own situation was little, it may be hundreds (actually thousands) of bucks when they do exactly the same to all its clients. Thats a highway robbery! A guy arrived to work after I was nevertheless detailing my watch towards the client consultant. He explained I disrupted additional clients and he questioned me to depart. I really could not think how rude he was. He absolutely didn't are available in and attempt to assist his client.

To these present and possible Residents Bank clients, I would recommend you avoid the Residents Bank at 4570 Fifth Avenue, Pittsburgh, PA 15213, simply because they may cheat you, rest to you and handle you rude with no regard. Worse of, they officially consider (in my opinion the right term is grab) your cash and let you know thats their banks plan.


Company: Citizens Bank
Country: USA
State: Pennsylvania
City: Pittsburgh
Address: 4570 Fifth Ave., Pittsburgh, PA 15213
Site: citizensbank.com
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