Bank of the West Screwed Up!
Bank of the West just pissed me off. I wrote a check in my little marketing account for $100 and I was $40 short. The bank called me and said it would be taken care of if I deposited some money to cover it before 10:30am that day. I deposited $50. Then BOW charged me $34 for the over draft and because the overdraft resulted in a $9.95 over draft, they charged me another $34.
Once I closed a US Bank account for this sort of thing. I had a small balance in a checking account, maybe $50. Every month they charged me a service fee and the balance went lower and lower until the service fee overdrew the account. Then they charged me some over draft fee. I screamed at them, but they would do nothing, so I paid the overdraft amount and closed the account.
I think BOW screwed up and at the first opportunity will be gone along with our business account.
We had a similar experience many years ago with a bank, couldn’t tell you the name of the bank it was so long ago. They had terrible service and wouldn’t accept checks made out to our company unless it was exactly as it showed on our account, such as Stern’s Locksmith instead of T F Stern & Co. I explained that I was closing my account, left enough in the account to cover any outstanding check which hadn’t cleared at the time the account was closed and changed banks.
That was when I found that the bank charged us for their “service fee” before the last checks cleared. They tacked on insufficient funds fees which made the account go into the red. As I recall, I paid the folks we owed from the new bank account and told the old bank to hold their breath if they expected to ever get paid on their trumped up over draft fee; but I think Lucy went and paid them to keep our record looking respectable.
Thank you for the great information that can help many people who really need help