Compass Bank - EXCESSIVE OVERDRAFT FEES Emerging Class Action Lawsuit
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| 474 | LEAD PLAINTIFF:frenchie3Case Filed: 2011-02-17
I opted out of the overdraft protection in July of 2010 and in August of 2010 Compass Bank started charging me overdraft fees and non-sufficient fees. They took all of my money in December, January and February of this year. I am a disabled OIF/OEF war veteran and I only get $1400 a month to live off of. All the payments that I thought went through for all of my bills bounced and then I started getting hit really hard with fees. I told the bank that I wanted them to fix it and they told me it was my fault and they could only give me back $114.00. I had -2,000.00 in my checking account and negative 11.00 in my savings account. This is an outrage and they need to be dealt with. I am about to be homeless because of Compass Bank.
I WANT THE BANK TO OWN UP TO THE FACT THEY MADE A BANK ERROR AND GIVE ME BACK MY MONEY THAT THEY HAVE TAKEN FROM ME. I ALSO, WANT MONEY FOR MENTAL ANGUISH AND STRESS DUE TO THERE NEGLIGENCE OF MY BANK ACCOUNTS. BANKS ARE GETTING AWAY WITH MURDER WHILE THE UNSUSPECTING CONSUMERS ARE PAYING A HEFTY AMOUNT OF MONEY.
Class Action Investigation Member: Louis
Over $500.00 in overdraft fees in a two week period of time on a dormant and inactive checking account showing a balance of consistent $3.00available balance over a period of eighteen months with no activity. This Bank has caused me stress and concerns regarding my credit scores, ability to open a new checking account in the future due to the closing my account in the negative. This unethical banking practice needs to be litigated and done so by way of Class Action.
iI was with Texas Bank for 9 years not 1 single overdraft 2 weeks after compass bank took over my bank the 1st thing they did was hold back debit card tranz 12 times and hit a large one and the overdraft fee that shouldnt have happened caused 13 overdrafts of $35.00 and i had deposited cash money of $1,500.00 the friday before but they said all deposits dont post till the end of the next biz day and saturday was a holiday but all debits i had was done on monday and allshould have been cleared before friday only the vlarge one was done on monday all added up to -$1.68 but the compass bank scam witch even had a commercial saying "WE KNOW HOW TO DO THE MATH THATS WHY WE OFFER FREE CHECKING" charged me n$35.00 x 13 i went on to let them hit me time after time until i they hit me so bad i had to get a prepay card and my credit was shot they are the biggest scam in america and have completely broke ,me and thousands of hard working people like me im so glad someone has stood up to them and said no more