Well Fargo is a big company and is untouchable. I guess its OK to manipulate customers with their dubious act.
I'm with the mind set that the Federal Govt says it alright for their action. The bank is still open for operations after all the comment, the agony, the pain, the suffering of innocent customers, some of who are working so hard to make the end meet. Who can feel the pain of the lower and middle class in this situation except if you have been there. I was left with zero in my bank account for two weeks.
I have to call out from work because i can not afford to put gas in my car, my two boys (ages 8 and 10) have to go hungry because of Well Fargos overdraft withdrawal from my account. I wrote four checks to Citibank to the same person, the individual deposited the check at citibank on Thursday at exactly 6pm. i usually have a direct deposit to my Well Fargo account (from my state job) on Thursday. Wells Fargo will hold my direct deposit in their warehouse on Thursday and will only make the fund available on Friday.
Even though the individual supposed to deposit the check in his account on Friday because the checks was dated for the following day which was Friday. He deposited the four checks on Thursday to another banks Citibank at 6pm on Thursday. The deposit in my account by 12 pm on Friday was over the total amount of the check in my Wells fargo account (both savings and checking) Wells fargo went along and charge overdraft fees on each check and the processing fees all total 179 dollars. I guess they're unstoppable.
My hardworking sweat money. My account was zero balance both savings and checking. It was painful. We lived on homemade pancakes for two weeks.
I have to call out from my job since i can not afford the gas. I hope my writing will reach the senate, the white house, if there's anything they can do to curb this animals.
Wells fargo, shame on you, shame on you.You are dubiuos, deceitful son of a ***. I pray that someone will see this writing and help to expose this bastards.
Product or Service Mentioned: Wells Fargo Deposit.
Monetary Loss: $179.