http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x6301510Oh my.
dysfunctional press (1000+ posts) Fri Aug-14-09 02:14 AM
Original message
how can this national city bank policy even be legal...?
my sister wrote me a check for $200, and i wanted to cash it- it was drawn on her bank- National City...i bank at chase...i went to the national city bank, endorsed the check, and presented my driver's license...the teller asked for my account number- i told her that i don't have a national city account, and she said that there is a $10 fee for non-customers to cash checks that are drawn on national city bank accounts.
how is that even legal?
a check is a note from the depositor, authorizing the bank to give a certain amount of money from their account to the person presenting the check- i've NEVER heard of a bank charging someone in that fashion.
franksolich has, and franksolich actually doesn't like it any more than the primitives do.
However, anything that makes the primitives miserable, makes franksolich happy.
BlooInBloo (1000+ posts) Fri Aug-14-09 02:16 AM
Response to Original message
1. Ouch. I didn't realize that *was* legal.
silverweb (1000+ posts) Fri Aug-14-09 02:20 AM
Response to Original message
3. I hate all commercial banks!
Isn't there a local credit union you can join?
Even if it doesn't have as many branches and ATMs around town, it's worth making the switch.
dysfunctional press (1000+ posts) Fri Aug-14-09 02:24 AM
Response to Reply #3
4. it's not my bank that's the problem in this situation.
i went to my bank and cashed it- but that's not the point.
the point is that the check was drawn on national city- they have no right to charge me to get my money from them.
silverweb (1000+ posts) Fri Aug-14-09 03:04 AM
Response to Reply #4
11. I understand that.
I agree that National is absolutely wrong, though likely barely within the law or they probably wouldn't try to get away with it.
My point (admittedly a little off topic) is that National and Chase are both commercial banks, therefore on my hate list, and I wonder why you'd bother having your accounts at one of them.
dysfunctional press (1000+ posts) Fri Aug-14-09 09:25 AM
Response to Reply #11
15. i've never had a problem with chase, and i love the convenience.
they have LOTS of atm's and branches i can use.
silverweb (1000+ posts) Fri Aug-14-09 01:53 PM
Response to Reply #15
18. That's probably the difference between us.
I have direct deposit, pay all my bills but the rent on line, and use my debit card like a credit card with cash back, so I very rarely have to visit a branch or an ATM.
Maybe reporting your story to whatever state or federal agency regulates banks would be appropriate. They could at least tell you if what National is doing really is legal.
a kennedy (1000+ posts) Fri Aug-14-09 09:30 AM
Response to Reply #3
16. got that right......I'm a proud member of our Community Credit Union.
Occulus (1000+ posts) Fri Aug-14-09 02:25 AM
Response to Original message
5. It shouldn't be. Join a credit union.
My CU has never done this, because they don't dare consider the practice in the first place.
Also, CUs are in my experience potential long-term employment with room for advancement for the employees. Many of the people who were tellers when I join my CU are higher up in the business now. There's turnover, sure, but there's also the option to make it a career. They seem to actually like their employer, and the policies of the CU itself are fairly generous toward the customer.
I've been with my CU for ten years, and I have no complaints at all. They've always treated me and everyone else I know who has accounts there like gold.
dysfunctional press (1000+ posts) Fri Aug-14-09 02:29 AM
Response to Reply #5
8. it's not my bank in the first place.
my bank cashed the check without a problem.
i LOVE the convenience that chase offers- their atm's are EVERYWHERE and i've never had any problems with them.
fizzgig (1000+ posts) Fri Aug-14-09 02:26 AM
Response to Original message
6. i've seen that done at a number of different banks
greedy assholes
targetpractice (1000+ posts) Fri Aug-14-09 02:27 AM
Response to Original message
7. I get this sometimes...
Some banks do, some don't... Some tellers do, some don't... I've managed to politely convince tellers to waive the fee.
Recently, an "manager" tried to convince me to open an account with the check to waive the fee.
I think it's wrong... especially if you go to the trouble of cashing the check at the specific branch from which the check is drawn.
dysfunctional press (1000+ posts) Fri Aug-14-09 02:37 AM
Response to Reply #7
10. if i had more time- i would have opened an account...and then withdrawn all the money.
that way- the bank would be doing a lot more work, and not getting any fees.
i recently took my spare change to the grocery store to run it through the coin counter- they don't have 'coinstar', but rather a counter that's run by the 'tcf' bank that's in most of that grocery chain's stores.
tcf charges 8.9% to use their coin-counter, unless you have an account- then the fee is waived. i had about $250 in coins. i used the money to open a checking account, because they were also running a promotion that if you open an account, they give you $50. so- not only did i not have to pay the fee, i got 20% EXTRA money. the account has $1 in it. at some point they'll close it.
TreasonousBastard (1000+ posts) Fri Aug-14-09 02:35 AM
Response to Original message
9. Never happened to me, but...
it's possible some state banking laws allow it.
That's really, really chickenshit, though. And if it's a marketing ploy, it would turn me OFF from ever wanting to use that bank.
Igiveupcanttakeit (2 posts) Fri Aug-14-09 03:12 AM
Response to Original message
12. It happened to me once with my paycheck.
Next day I signed up for auto deposit. I was pissed.
TheKentuckian (1000+ posts) Fri Aug-14-09 03:14 AM
Response to Original message
13. Many of the big thugs do this crap like PNC, Chase, and National
Around here I think Chase and PNC do $3-$5 and I haven't cashed a check at National City until PNC had bought them and so I can bank there without fees because I go through PNC.
Berry Cool (1000+ posts) Fri Aug-14-09 10:46 AM
Response to Reply #13
17. No doubt, National City does this now because PNC bought them.
So be forewarned from now on.
MercutioATC (1000+ posts) Fri Aug-14-09 09:10 AM
Response to Original message
14. National Shitty Bank is one of many that do this...and worse
NCB also uses THREE different balances for every account...and the one they use to assess overdraft charges is NOT the one they use for online banking.
A friend deposited her paycheck. The next day, it showed up in her online statement as cleared, so she paid bills online. She bounced three checks (her online statement showed that she still had money in the account).
When she talked to a manager at NCB, she was told that her online balance is her "rolling balance" and that although it showed that her deposit had cleared, it really hadn't.
The manager also refused to reverse the overdraft charges.
Romulox (1000+ posts) Fri Aug-14-09 02:01 PM
Response to Original message
20. I don't doubt it's legal, but that is despicable!
Well, yeah, it's despicable, but its despicability is a little bit ameliorated by that it makes the primitives miserable.
