The option to place a "hold" on a check deposited for a large sum of money is reasonable, to not release the hold once the check has cleared should be illegal. From what I read on the Federal Reserve page it is not illegal. My account has not been overdrawn or had any other issues, until ...
Just so you all know, I strongly suggest you check your envelopes when you credit card bill arrives. We noticed out 11% interest rate went up to almost 32% from 1/1-5/23/06! We phoned and were told there was an "insert" with our December bill telling us this was going to happen. I check ...
I had the same problem a couple of times with our deposit conveniently going in "after" the debits came in. It seems that when you deposit after 2P.M., it clears the following night! If before 2P.M., it clears the same day (at night whenever they process). Our bills came in the same day ...
I have banked with Compass for a year. I have excellent credit, and I am looking into buying a house using Compass as the lender. I am have never written any checks to put my account in the red. I am paid 2-4 times per month via direct deposit. I was suprised last week to see an NSF fee pop up on ...
I bounced a check, and when I went in to pay the $36.00, and make a deposit, they charged me and additional $90. They waved the $36.00, but insisted on the $90. They said these fees were listed in their documentation, but I reviewed mine and found no such thing. This bank while seemingly operating ...
Compass Bank intentionally uses unfair practices in the way it handles the daily reconciliation of customer's accounts. They purposely use a procedure that makes the customer incur the most NSF Fees possible. Compass Bank holds all customer deposits, including cash, checks and EFT's for one day ...