US Bank overdrafts are charged at $39.00 ea.in this instance a false balance showed on the ATM balance inquiry so two debit transactions for less than $6.00 were incurred. The balance showed was more than sufficient to cover the transactions. However, since the ATM was not current, this totaled two overdraft charges to the tune of $78.00. Since notification of these charges came to me via snail mail, and I was out of town for a week, an additional $8.00 per day was charged against my account as well.By the time I arrived home, the charges were $145.00 against less than $12.00 worth of transactions.
When confronted the bank forgave part of the per day charges making sure they told me how "generous" they were for doing that?
As everyone knows by now, the banking industry in this country is ripping everyone off for fees, services, document fees and account fees and our government is doing nothing about it. While the error was indeed mine the charges were ludicrous.
I encourage anyone banking with US bank, or any other bank doing business in the United States with similar policies, to close their accounts and bank through your local credit union or other reputable agency were you have a voice.
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