Posted on 12/14/2011 9:05:39 AM PST by Kartographer
Ganziano, a 55-year-old mother of five children, encouraged her fourth child, Daniel, 18, to set up a savings account at a nearby TCF Bank "out of convenience" due to its location.
Ganziano and her son discovered that the bank offered little convenience due to the growing number of bank fees, as first reported by the Chicago Tribune.
After he put money into the savings accont from his job, Daniel Ganziano's balance eventually fell to $4.85 and with such a small amount, he ignored it.
However, TCF sent him a letter on Oct. 12 informing him that it had charged him a $9.95 monthly maintenance fee six days earlier because the account had a low balance. That led to an overdrawn account by $5.10, which then led to a $28-a-day overdraft fee. The account was 10 cents over the $5 threshold for which the daily fee kicks in. Young Ganziano's account was now overdrawn by $33.10.
(Excerpt) Read more at news.yahoo.com ...
“I’m expecting the airlines to start adding a surcharge to their tickets for the flight attendants making announcements during the flight.”
I’d pay a fee to make them not make any announcments!!!
There ought to be a "yes, I've flown before" section of the plane where you can be spared the pre-takeoff litany, at the very least.
Wells- fargo - recieved a check from an auctioneer that was drawn on his wells fargo account... Went to wells fargo to cash it. Wanted to charge me 10.00 to cash a check drawn on their bank because I didn’t have an account with them.
Then they asked me if I’d like to open an account.
Waited until I could deposit it at my credit union.
WTF - I thought they were a BANK.
I tried to put in a $6.00 processing fee for employees who wanted to get paid. It would be automatiically withdrawn from their pay. No one liked the idea.
more support for my theory that a Populist anti-Banker Jihad looms in our political future
Large banks in particular change account types and fee structures at will. They may even offer phony ways to avoid monthly fees by signing up for services like a bill payer or by doing direct deposit. When they change the terms, they may also lie to you about the prior terms.
That was hilarious!...Thx for the link.
Be careful where you hide it. My wife's co-worker told her he stuck a thousand dollars in a book on his bookshelf. A couple years later he donated some old books to a bookstore that resells them. Yup, you guessed it! By the time he realized his mistake, the book and money was gone. Get a home safe, bolt it down, and keep it hidden from casual view, like behind a false wall.
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