On discovering that the account we'd held for over five years now has a $25/month fee, I called customer service and arranged for the account to be changed to one that does not incur a fee. While the customer service rep was not overly professional, everything seemed to have been properly taken care of. I received my new debit card a few days later, although my partner did not receive his.
Today, I received a check for the contents of my account, with a check-sized slip of paper stating that it is the "letter to close account". I called customer service, who had to research the issue. I began speaking with the customer service rep at 4:15. At 4:35 she came back on the line to tell me the department that had all the information about what happened and who could take any action had left for the day -- at 4:30. My mortgage payment and several other bills were scheduled to be paid today.
I was told that someone would call me before close of business on Monday and determine if the bank was at fault.
New employees each month! Mistakes constantly with a stream of
rookies who don't know which way is up. A former suntrust officer told me
they pay their employees below what other banks pay, and keep reducing
their benefits, so no one stays with this poor excuse for a bank. Their branches
are in shabby condition, and usually deserted! Score is minus 10000000000.
The actions, and business practices of SunTrust are egregious in nature, unethical, and border on illegal. SunTrust has hired consultants to MAXIMIZE BANK FEES, and has a company policy NOT to refund any fees or charges to the customer.
Unfortunately, you need to read SunTrust policies which state that if you have a problem with the bank you can not take them to court, you have to go to arbitration.
On a potential good side, depending when you closed your account. If you take them to arbitration and you are awarded only $1, SunTrust must pay you $7500. If you are awarded more than $7500 you will receive the higher amount.