I have been a customer for over 20 years. Regions would not deposit a small second party check to my account. My account balance would have coverd the check 100 times over. There appears to be rules with no common sense. I hope they ask why i am withdrawing my money
anyone that has ever had a real estate loan with regions had better check with the courthouse and see if the paid off loan has been released. i had to go back 15 years and try to get them to correct problems. i will be looking for a better bank that can offer me more than a 10% rate
Regions bank is pathetic and arrogant. We were treated in the exact same shady manner as so many others who have weighed in here. I would gladly join in any class action lawsuit if it would prevent others from being treated the way we were treated.
Regions is by far the worst and most predacious banking corporation in existence.
I am a 60-year old direct deposit account holder for Social Security benefits, my sole source of income.
Without notice or my consent, Regions altered the structural limits on the account by increasing the limit on the checkcard attached to the account to $500 over any cash balance in the account.
Without knowing this, I made several nominal ($20 and under) transactions that went over my balance, and because I expected the card to be declined in any instances I am over my cash blance, I lost sight of the fact that I was overdrawn.
The amount I overdrew was $169 for which I was penalized $560 in OD fees.
Regions says it did ths as a courtesy. Who asked them to re-structure the legal relationship between us? Isn't this unlawful?l
I hate these smarmy under-handed practices. I was a customer of AmSouth; I did not choose Regions. Now, I will have no money to pay my bills this month because the fees will subsume all of my direct deposit.
C. Haliburton-Bryant
11/29/2008
Sometimes looking from the bottom to the top can cut through the litter of bluster and public relations staff. While the senior management speaks of ethics, and people first, its branches such as Sarasota Florida, make money with practices that would make a bookmaker blush... in checking accounts it charges the large fees for each transaction customers encounter after they entice them into Debit cards. In one case they chared over 20 transactions in a 30 day period, $35 charges for such items as a use of the card for a $2 purchase. How is the bank making it money? And how many customers have paid the preditory charges?/ Sell this stock while you can and waite for management that does what they say.
regions bank=corporate thievery. i believe the positive feedback on here is by Regions Bank employees. Surfing the web during work hours? Go grovel at the feet of the system that's shutting all the horrible financial atrocities down, i hope this bank goes into "foreclosure". It sure had a huge hand in helping me.
All of this charge accusation of they post the big amounts first EVERY BANK does that. & the reason a bank waits for fraudulent things to post is because the charge could not post and just fall off. Technically if something is not posted it is not being charged its just holding out of you available balance. & also the reason a bank puts holds on checks is because of fraud they have to make sure those checks are legit because surprise! there are thieves out there. Regions tries to keep you safe & that's why they have you
open new accounts. & I know for a fact if the charges are bank error they will be returned. If you don't have the money in your account don't charge things.
Regions are thieves! They post charges in the order of highest to lowest in hopes that they can exhaust a customers' checking account and causse them to pay NSF charges for all the little charges at $36 a pop. For example, we recently had an oversight with our balancing and they took the large check out first $200 leaving no money and then ran through all the small charges of like $1.80 ending up with 8 NSF's for $1.80 items. If they had run these charges from low to high we would've only had 1 NSF charge instead of 9. I just think it's ridiculous that they wouldn't work with us over NSF's for amounts of less than $5.00 and their customer service is horrible.
I had problems with posting and once. I had made a purchase and then i later returned the purchased item. The merchant credited my account but i'm still waiting on regions to post the credit back to my account. The back is very suspicious to me when it comes to how they post payments and credits. I've gone to the bank on several occasions where there computers was down. As soon as i get this situation resolved i'm leaving them to go with another small bank. Wachovia is alot better then them.
Don't bank with Regions. They WILL take your money and try to pin you as irresponsible. I've had an account with them for 10 years and since Regions took over, I've had problems that I never encountered when they were Union Planters. I seriously doubt I'm all of a sudden irresponsible. Regions is full of greedy theives. Don't bank with them.
