Regions bank will nickel and dime you all they can.
My Husband and I recently stopped using them as our main bank because of the way their system is set up. If you have a direct deposit incoming along with other pending transactions, they will allow all pending transaction to post first allowing you to possibly go into the negative, charging you 36 dollars for every transaction....And have your direct deposit post the very same day...
Recently which was the final straw for me, I checked my account today to notice it was negative 44 dollars.. My husband and I only use that account for redbox rentals and keep very little money in it... So there was 12 dollars in our account last night, we forgot about an automatic transfer to our savings account of 20.00 dollars , making our account negative 8 dollars, regions then proceeds with the NSF fee of 36.00, for a final amount of NEGATIVE 44 dollars... Called the main regions number to explain what happened and in the end, since it wasnt bank error they were only going to refund half. 18 dollars... So I am just OUT another 18 dollars from this bank.... I dont understand why they even allowed it to go through in the first place being that it was from one of my accounts to another one.. Not an understand bank of mistakes in the slightest. ALSO since we no long use that account for direct deposit they are now charging 10 dollars a month as a user fee. WTH.......
When you instruct a bank to transfer funds from a savings account to a checking account to cover small overages, but they fail to follow instructions, then consequently generate Fee Income. When your bank places your checking deposits in â??Pending Transactionsâ?? so that three days worth of "Pending Transactions" can clear in size order from greatest amount to smallest amounts without consideration of accurate real time date and time stamps of each transaction event, just to generate Fee Income. When your bank re-dates Pending Transactions to cover their actions. When all these things occur on the last two business days of a calendar year, and cannot be reconciled until the following year, just to offset their actual current losses, where without this strategy, would have reported earnings less than expected. When a financial institution totally disregards a Landmark law suite setting legal precedent ruling against such practices, then boldly carries on. Now...that is a bank!
I deposit 26,0000 dollars into my account , I wrote out the wrong amount on the for 48.00 but at the place where u write forty eight hundred was correct , I also wrote wrong date on check . The cashiers made fun of me and I told her to destroy check . Instead she cashed it later .. Now someone is using my bank vise checking card to charge things on . The police reports don't even match with what the tellers states nor does it match my bank statement .. I was told by Munford police chief that the bank did nothing wrong . I told him your report on interviews with the bank employees , witch he left all names out of the report may I add , does not match my bank statement as to what tellers t said happened . I can not give them a 0 so If I could I would .. this will not post in Munford Tn. a 1 star is a - not a c