Regions Bank West Palm Bay Branch
105 Palm Bay Road, Ne, West Melbourne, FL 32904Get Directions
Regions Bank Branch Customer Reviews
Reviewed By Invstbnkr Mar 5, 2014
Fee Income increase 4.6% last quarter of 2013. Why so much?
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!Thank you for your feedback Is this review helpful?