Complaints.com

BEWARE of the Bank of Tuscaloosa

 
Bank of Tuscaloosa
6800 Hwy 69 South
Tuscaloosa, Al 35405
US
www.bankoftuscaloosa.com

Flipping is a common practice of Banks according to the F.D.I.C. IT IS ILLEGAL. "Flipping" is when the bank takes the largest check to clear so others will bounce. They will back up this check even when others have cleared in order to have multiple over-drafts. When I went to talk to them about it I was treated like scum of the earth. I intend on filing a civil complaint, If others have similar experiences with this bank and are interested in a class action, please contact me. B E W A R E !

From: Message Author (click here to email author)
Date: Tuesday, 14-Jul-09 10:05:12 CDT

Business: Reply Online   Consumer: Comment On This

Comment On This


While I'm sure what you experienced was very frustrating, what you describe is not "flipping," and is not only not illegal but a common practice.


Fortunately, there are new overdraft rules coming out soon that might (emphasis on might) help you in the future.

From: Message Author (click here to email author) (has asked not to receive email)
Date: Wednesday, 21-Oct-09 22:17:06 CDT

Business: Reply Online   Consumer: Comment On This

 

Keyword Tags

banks
beware
flipping
rip off
scam
Search our consumer complaints database
Browse complaintsdatesdates