It is a widely known fact that many people do not have the time to balance their checkbook because they are too busy trying to make sufficient money to survive.
The banks in this country know these trends. They spend large amounts of money conducting algorithms on suspected potential NSF. Yes potential NSF customers! Banks in the US make very substantial chunks of revenue using this devious and criminal method to steal money from the public. One such bank is Bank of America. They literally put "policies" in place which are designed to entrap poor people who are struggling through life and have no choice but to use the criminal banking systems in this country.
I have been using Bank of America for over seven years. Not out of choice, but out of necessity to use some sort of banking system to run my life. I'm a hard worker and yes, some times I don't have enough money to cover all my bills. This is where BoA knows the opportunities lie. They have dedicated people monitoring working people's spending habits, to find when they might be susceptible to NSF transactions. When a NSF is detected, other transactions are held back from the customer's online view, leading the customer to believe the transaction has not yet hit the system. This in turn, makes people believe that they have some lead way to the next pay cycle.
When the next payday check is deposited, BoA begins to go to work cannibalizing (stealing) most or all the deposited money from the unsuspecting “customer”. Once this theft has taken place, it is obvious what happens next. That customer will then be incurring further NFS charges from the transactions that were initially held back by our friendly Bank of America. Now I understand what they mean by “Excellent Customer Service”! Bank of America is servicing it self through the trust that we the people have on this financial institution.
I will not go into detail with my case. The only thing I will say is that I was robed of $800.00 within the period of 4 days. I am unemployed and receiving unemployment insurance. I was forced to borrow $395.00 from my family for a .72 cent NSF, which escalated to $560.00 because Bank of America's policies, just so that I could feed the very “money hungry” Bank of America stomach.
Like every good customer, I called “Customer Service, Spoke with my branch manager and all they could give me is the typical canned and phony “we're sorry but that's our policy” Today, I am with no money to pay my rent, buy food, gas, or my medical prescriptions.
How far are we as a people going to go before we take a firm stance to fight this evil thievery?
I demand action!
My Current Statement
Pending Transactions
Transaction Debit(-) Credit(+)
ATM # SCAD0535 DEPOSIT B OF A SCOTTS VALLEY CA ON 07/06/2005 $676.00
PENDING CREDIT ON 07/06/2005 $1.50
Posted Transactions
Posting Date Transaction Debit(-) Credit(+) Balance
07/05/2005 NON-BANK CARD ATM FEE ON 07-02 #000534178 CUSTOMER 8973 AT TERMINAL P59145 Hollister Rall 417 San Benito St Hollister CA $1.50 -$594.48
07/05/2005 CHEVRON 00203262 07/02 CARD #8973 PURCHASE #24625125184451262472486 WATSONVILLE, CA $4.86 -$592.98
07/05/2005 MCDONALD'S F6553 07/01 CARD #8973 PURCHASE #24455015182720009128373 SCOTTS VALLEY, CA $8.07 -$588.12
07/05/2005 ZUNIGA S FINE FOOD 07/01 CARD #8973 PURCHASE #24224435184399902100447 WATSONVILLE, CA $11.50 -$580.05
07/05/2005 ZUNIGA S FINE FOOD 06/30 CARD #8973 PURCHASE #24224435183399902100166 WATSONVILLE, CA $14.91 -$568.55
07/05/2005 SAFEWAY FUEL 10006401 06/30 CARD #8973 PURCHASE #24164075182221017300258 APTOS, CA $51.98 -$553.64
07/05/2005 INSUFFICIENT FUNDS FEE $136.00 -$501.66
07/01/2005 LONGS DRUG STORES #389 06/29 CARD #8973 PURCHASE #24492795181427021440348 CAPITOLA, CA $7.46 -$365.66
07/01/2005 SUPER MERCADO LATINO 06/29 CARD #8973 PURCHASE #24472685181952360874234 WATSONVILLE, CA $20.59 -$358.20
07/01/2005 SHELL OIL 57427678404 06/29 CARD #8973 PURCHASE #24692165181000598924590 WATSONVILLE, CA $24.11 -$337.61
07/01/2005 CHECK #4414 $50.00 -$313.50
07/01/2005 INSUFFICIENT FUNDS FEE $136.00 -$263.50
07/01/2005 PAYPAL DES:TRANSFER ID:4G5J22DS747F6 INDN:HECTOR CISNEROS CO ID:PAYPALSD11 PPD REF:00112990193312110825002005182036167005070122 $84.74 -$127.50
06/30/2005 KMART 06-30 CUSTOMER 8973 PURCHASE #559937 SCOTTS VALLEY CA $7.08 -$212.24
06/30/2005 CHECK #4419 $55.49 -$205.16
06/30/2005 CHECK #4413 $85.43 -$149.67
06/30/2005 TOM DUFFY SALINAS 06/29 CARD #8973 PURCHASE #24492155180286699800086 8317542802, CA $101.45 -$64.24
06/29/2005 CHECK #4420 $95.00 $37.21
06/29/2005 INSUFFICIENT FUNDS FEE $170.00 $132.21
06/29/2005 BKOFAMERICA ATM DEPOSIT 06-29 #006330 CUSTOMER 8973 BANK OF AMERICA, CAPITOLA, CA $395.00 $302.21
06/28/2005 KFC APTOS 06/25 CARD #8973 PURCHASE #24418005178178197272102 APTOS, CA $6.47 -$92.79
06/28/2005 PAYPAL DES:INST XFER ID:4G5J22DRB8TLU INDN:HECTOR CISNEROS CO ID:PAYPALSI66 WEB REF:00112990193312110825002005179022010905062827 $7.70 -$86.32
06/28/2005 HECTORS BAKERY 06/27 CARD #8973 PURCHASE #24224435179317574300209 FREEDOM, CA $8.25 -$78.62
06/28/2005 WILDTHYME DELI AND CAFE 06/27 CARD #8973 PURCHASE #24717055179121796096847 MARINA, CA $11.74 -$70.37
06/28/2005 TAQUERIA VALLARTA #4 06/26 CARD #8973 PURCHASE #24403695178177000000036 FELTON, CA $13.93 -$58.63
06/28/2005 ZUNIGA S FINE FOOD 06/26 CARD #8973 PURCHASE #24224435179399902100394 WATSONVILLE, CA $13.98 -$44.70
06/28/2005 CHECK #4417 $30.00 -$30.72
06/28/2005 CHECK #4418 $30.78 -$0.72
06/28/2005 UPC*VISTAPRINT.COM 06/27 CARD #8973 PURCHASE #24692165178000383958782 800-721-6214, MA $46.41 $30.06
06/27/2005 KFC 001 06/24 CARD #8973 PURCHASE #24721855178017603788089 SCOTTS VALLEY, CA $6.80 $76.47
06/27/2005 ZUNIGA S FINE FOOD 06/24 CARD #8973 PURCHASE #24224435177399902100412 WATSONVILLE, CA $9.29 $83.27
06/27/2005 HECTORS BAKERY 06/24 CARD #8973 PURCHASE #24224435176317574300210 FREEDOM, CA $13.25 $92.56
06/27/2005 ZUNIGA S FINE FOOD 06/23 CARD #8973 PURCHASE #24224435176399902100017 WATSONVILLE, CA $16.50 $105.81
06/27/2005 7 ELEVEN 20608 06/25 CARD #8973 PURCHASE #24610435177004087568290 WATSONVILLE, CA $20.00 $122.31
06/27/2005 SKY TREK AVIAT78139003 06/24 CARD #8973 PURCHASE #24164075176671001015320 209-5774654, CA $26.91 $142.31
06/27/2005 WATSONVILLE AIRPORT 06/24 CARD #8973 PURCHASE #24420615177448133000013 WATSONVILLE, CA $32.79 $169.22
06/27/2005 SAFEWAY FUEL 10006401 06/25 CARD #8973 PURCHASE #24164075177221017250245 APTOS, CA $56.13 $202.01
06/27/2005 CHECK #4416 $135.00 $258.14
06/27/2005 Online Banking transfer to CHK 0840 Confirmation# 9735685546 $1,200.00 $393.14
Beginning Balance as of 06/25/2005
$1,593.14
Hector
Scotts Valley, California