Posted on 01/20/2007 7:02:31 AM PST by ChildOfThe60s
The problem is that they DO have overdraft protection; they cover all overdrafts and charge $30 each time. It's mandatory. I'd rather have it declined.
"The confusion was cleared up at the branch."
They were confused about the concept of accountability.
They didn't know it applied to them.
Wow talk about extortion.. this idiot borrows money from the bank without taking a loan and that extorts the fees back out of the bank.
This should be felony robbery and he should be put away for 15 years.. that will teach him.
Unbelieveable.
That's exactly how it is.. and it's because the bank doesn't want to bounce your mortgage check.. it would rather bounce the other 4 checks for groceries etc.
Perhaps you should be mad at your wife and not the bank?
That's not how it works. It is always the husband's fault.
Seems that most credit unions are pretty easy to join. The small town I moved into a year ago has 2 different ones that said I could join. I did join one of them.
I have two Visa's with a credit union. I don't get any of the perks I see advertised. But I get good interest rates and the other terms are much more favorable. Worth more than the airline miles and stuff like that.
Thank you. Your willingness to listen is appreciated.
No, the funny thing is the credit union here has better CD rates than literally any other institution in the country that I can find. 7-11 months @ 5.65% for $500 up. If you have at least $200 per month deposited electronically in your savings account the available rate for that term is 6.15%. And they are only 2 miles from my home.
Actually the only short term account, outside of checking, is the ING account. All the longer term stuff is local.
The credit union here in Colorado has its loophole. If you join a certain consumer group, you gain access to the credit union. The cost to join the consumer group is $5.
consider what you pay in ATM fees and it is a bargain.
Now if you have a bank like USAA which only has one branch, they pay any ATM fee up to $2, They are great except when you want to cash your rolled up change.
While assigned overseas I was responsible for getting welcome gifts for newcomers. The unit 'booster-club' funded it. I received a check from the booster-club and deposited it into my credit union account. The check, written on an account at the same credit union bounced.
This credit union charged me $15 for the bad check. Can someone please explain why I should be charged for depositing a bad check, in good faith, that someone else wrote?
Because it costs money to return a bad check.. someone has to pay for it.. unfortunately they aren't going to go after the person that wrote the check for the fee.
That being said my bank only charges 6 bucks for that.
To add to that my bank also has a system to look at it's own checks so that they can tell me whether or not to deposit the item because it's "bad".
they aren't going to go after the person that wrote the check for the fee.
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Wrong; they also charged the unit 'booster-club' $15 for the bad check.
Double Dipping. Ticks you off, doesn't it?
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