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Question re overdraft fees at Wachovia Bank

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Christa Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-21-10 07:45 PM
Original message
Question re overdraft fees at Wachovia Bank
Edited on Fri May-21-10 07:50 PM by Christa
My commission check was a week late and I had to use the overdraft facilities at Wachovia.

When I looked at my bank statement today, I see the following overdraft fees:

$35.00 x 2, $70.00, $105.00 x 2, $44.00. That is a total of $394.00 from May 12 to May 18. Can they do this?

I plan on going to see the bank manager on Monday when I am off and make a big noise about it - I think it is outrageous.

:mad:
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WCGreen Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-21-10 07:52 PM
Response to Original message
1. Take you cheking business to a local Savings and Loan...
They will still, usually, view you as a customer instead of a big whatever....
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Ruby the Liberal Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-21-10 07:54 PM
Response to Original message
2. You are doing the right thing in talking with the branch manager.
Suggestion - if your overdraft is tied to savings, log into your account (or call) and transfer the money. Overdraft is a horrible Plan B.
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notesdev Donating Member (1000+ posts) Send PM | Profile | Ignore Fri May-21-10 07:59 PM
Response to Original message
3. Those look very high
You shouldn't be doing business with a TARP bank anyway, they NEED to squeeze you for every penny just in order to appear to be solvent.
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