How much is Regions Bank paying you to say this???

Sarah James,

I totally agree with you! People have to keep up with there own money! The best way to avoid overdraft fees is to have extra money in your checking account. It is not the banks fault you are running to the bank making deposits for money that you spent that you didn't have. Wake up and smell the coffee!

you must be rich or work at regions....I am a finance major and keep a close eye on my account. The thing about regions is that they allow Saturday - Monday at midnight charges to all go through at the same time. This is fine....if you haven't ran anything credit over the weekend. A lot of times these charges won't even appear in pending transactions, before they are taken out of your account on Tuesday/Wednesday morning (like today, bank closed monday). Also, they allow pending transactions to accrue over with drawl fees although the charge has not been ran. I believe this is bulls***. If the money has never been taken out of the bank in the first place, how can they charge you for over withdrawing? Also, I've been with Regions for about 6 years now, not by choice...I started with AmSouth (who were excellent with customer service), until they were bought out by Regions.

People, like me, do need to keep a better eye on our money. But I believe that Regions needs to do a better job also. Maybe spend a little money on R&D, or better ways to service the customer.

P.S. - one reason they charge so much for this is because it is the main source of revenue for the company, I believe. When non-interest revenue is about half of interest revenue (how banks make money, lending, overnight rates, etc.), then there is a problem. Not to mention, check out their net income....It's in the negative, meaning they spent more money last quarter then they made too....Should the government charge them a big over withdrawal fee too? While profits are nil or negative, they will squeeze every penny out of you, but when you put money in it takes 2 days to clear.

Last edited 29 days ago by Michael Scott