Bank of America

Computer Failure

Nice for a company to name themselves after our country, isn't it? You would think they are part of our government or something. Just like the Federal Reserve is no more part of the government than Federal Express. Bank of America is famous for losing things. They lose your interest earned on your Command Deposit (CD's) Accounts all the time. I have worked for temporary accounting firms who have to go back in and refigure the account balances whenever their computers go down. This happens regularly. Think about it, how many times do you go to their branch near you and be told, "We're sorry for the inconvenience, but, our system is down."
That means not only are they hoarding your money but they are NOT allowing you to post money to your account to cover checks you need to write. You may have already written a check with a postdate of "after next payday" and they slow you down from being able to cover it. IF they can charge you for every time you are late with a deposit, shouldn't they be libel to you when they screw up your account? They seem to forget it's YOUR MONEY.

Slow Posting

You are going to really love this one. Do you know how you seem to always have to pay late fees and how when you look at your statement it never matches the day you put your money in the ATM? Get this! Bank of America can take up to a week and a half to post YOUR MONEY to your account when you deposit it in the ATM. Here is the kicker, then they will charge you a fee to deposit it through the teller as if the ten minutes they spent with you was worth fifteen dollars of their payroll time. They use the excuse that it is to encourage you to use the ATM. First, we all knwo that is nonsense, and the real reason they do it is so when you deposit in the ATM, they can make a SLOW POST (up to a week and a half) to your account and then charge you a Non Sufficient Funds charge as if it is your fault that your checks didn't clear. When you point out to them that they did this they try to act like it is your fault. They act like they don't know it's a STUPID COMMENT to look at you and say, "Well, it didn't get posted before "such and such" date."
I have actually had B. of A. tellers look me right in the face and say, "Well you ought to make a deposit earlier so your bills won't be NSF, instead. Or just wait for your account to clear your checks before you write bills." (Yeah, just tell your boss to pay you in advance a week and a half early because your bank is too slow to allow you to use your checking account, right? Or wait until you get late fees every month because THEY can't post it fast enough? Nonsense!)
Watch your statement really carefully. If you catch an error, they will correct it while you stand in line screaming at them. If not they act like they don't realise sloppy accounting on their part is not your responsibility. Now they will come to you demanding money early but treat you like you are stupid enough to believe that it is ethical to cheat you if they can get away with it.

Computer Error

Oh, and one more thing: here is the proper response to idiots from Bank of America who tell you it is a computer error: "Really, you mean you have computers that post things without the data being input? When did they invent those?" Every error is because some stupid bank employee made an error, not the computer, don't allow them to sell you that hogwash! Please post your comments and experiences, especially the bad ones that you have had with Bank Of America.

Credit Cards

You should know this: Periodically, Bank of America sends out credit cards to everyone. Illegal aliens are their favorite but they are hoping to find someone stupid enough to listen to their nonsense. When their sales people are afraid on not making their "quota" for sales in one month they will call you and find out you don't already have a credit card and will send it to you if you qualify or not. I was actually screaming over the phone at the idiot who sent mine, telling him I didn't want it. Let me describe why. First, while I was working and desperate for more credit that I oould have easily paid off right away, they denied my application for any B of A Credit card. Then when I was disabled and had no money and wasn't able to pay a big credit card bill, they insisted I have one and mailed it to me as I screamed at the guy not to and he hung up. Later, when it was laying in a drawer, the situation that salesman was counting on happened. I had an emergency, then another, then another and I was stupid enough to use the card as if it were free money for me to use in Emergencies. They keep changing the rates, it is supposed to be illegal for them to do that. Let me explain. We let them screw us. When they say, "We have changed our policy...", the proper answer is: "that they are breaching a contract and you will sue them, because you didn't sign a contract and they can't legally change a contract at their own whim. Part of why the banks are in trouble is that some of us didn't put up with that. Those of us who did and are still making payments ridiculously are letting them screw us, those who refused are now supported by the white house. We can go apply for a low interest rate card and let the balance get paid to the reputable bank instead. Talk to a lawyer about it today.

Compass Bank

Most of us would have trouble forgetting that Compass Bank had the words Subprime Loans emblazened in huge letters big enough to cover the whole area on the back of all of their envelopes as if they invented the idea. I wonder if they had any idea that the phrase "predatory lender" would be attached to those same words a few years later. If one goes online they will see lots of reports of how Compass Bank stole money from their customers. They are not the only ones but I will get to that in other posts. I want to start this blog post with something they did to me first, and from there on, anyone who wants to, please post a comment, you are entirely welcome to.

One meets all kinds of people when they address people in our society. Some of us have had problems with alcohol or drugs ourselves. We go to 12 Step meetings that ARE very important but unfortunately there is no screening process at the door, so let this be your warning. Let this warning be part of your recovery if you are serious about staying sober and have to be one of the ones who is more than "Around" the fellowhip. People you might meet in a 12 step meeting seem nice enough and some might seem like your friend when you are in a meeting. I can tell you an example of a person. Her name is EDNA and Edna says lots of things and calls herself by many names but the fact remains that Edna is NOT a sober, honest, nice person who is in recovery. She is one of the parasites that go to meetings and takes advantage of the rest of us. She asked to come over to my place and talk. We talked and then I had to go to the store. She whined about how she didn't want to leave and wanted to just sit and rest and I thought to myself, "What harm could come of this?" So I let her stay there while I went to the store for a few minutes. When I returned, everything seemed normal and I didn't suspect anything was wrong. I went to the bank and for the first time I got in trouble with a bank as they said I was overdrawn. I told them I couldn't be because I had just paid all my bills and had a positive amount of a buffer of about one hundred dollars left over in cash that I saw the week before and the only thing I had bought was about twenty dollars worth of groceries.

The teller started her next sentence with, "Well, when you wrote a check to Edna...", I immediately realised what had happened. The teller said the checks were out of order with the last other ones I had written. Edna stole some checks from the back of my checkbook so that I wouldn't notice for a while that they were missing. Previously when I had been working construction on a regular basis and was earning a good salary, I might not have even noticed eighty dollars missing until I checked my statement.

As I was to later find out, Edna had forged one of my checks, walked into Compass Bank using her own legal I.D. and in front of a camera, committed fraud by telling the bank teller of Compass Bank that I had written a check out to her and she then took the money and left, leaving my account in a state of being Overdrawn. I went to the bank manager who assured me everything would be alright if I would report this to the police and then file a report with them for forgery and fraud. I did both of those things, but the manager who told me this was either in collusion with Edna or was so in trouble financially that he not only didn't straighten out my account, he told the police when they called that he had no information for them and that he was going to charge ME with the amount that EDNA stole from ME right on camera. He refused to report the theft, fraud, forgery, etc. to the police and took the rest of the money from what was left in my savings account and then made up a fee that they, on a monthly basis took the rest of the money from my Savings Account and lied to me about their intentions. So, not only didn't they follow their written company policy to refund my money since it was THEM who didn't check my signature and let Edna get away with forgery, then they stole the money they were supposed to replace I am here to tell you, NEVER PUT MONEY IN COMPASS BANK, their policy is to steal money from their customers because they got in trouble over Sub Prime Loans and are getting it back by cheating their customers any way they can. They make up fictitious illegal rules and state that they will, because of a policy change have to "KEEP" your money. Take your money out of Compass Bank. If they hadn't done everything I am saying and I was lying, then, believe me they would sue me for libel but they never will because every word of what I say is true.

If you have had a bad experience with Compass Bank Stealing from you, please let me know by leaving a comment. If you can, pleasse leave as many details as possible. Don't say that you know what is going on, just little by little, deposit less and less and then withdraw all of your money after establishing an acoount with a different bank.