• Report: #415266

Complaint Review: Bank Of America

Thank You

Read how Ripoff Report saves consumers millions.

  • Submitted: Friday, January 23, 2009
  • Last Posting: Saturday, January 24, 2009
  • Reported By:utica Michigan
Bank Of America
Shelby Road Shelby Twp Michigan 48316 U.S.A.
  • Phone: 586-731-0000
  • Web:
  • Category: Banks

Bank Of America, Uses your money for 11 days, losing customers, now asking for bail out Shelby Twp Michigan


1Author 1Consumer 0Employee/Owner

Respond to this Report

  • Respond to this report!
    What's this?
  • Also a victim?
    What's this?
  • Repair Your Reputation
    ...the right way!
    Corporate Advocacy Program
We all know how horrible Bank of America treats their long time customers. They wonder why people are leaving their bank. Customers deposit money and Bank of America uses our money or as they call it puts a 11 day hold on it with out any notice. I don't understand why they would do this when BOA can find out if the money is available within 24 hrs. There are so any banks out there that don't do anything like this, why would anyone want to bank with BOA.

Also, Small business's have to wait 3 months to get paid on a job and when they finally get paid for the work they did 3 or 4 months ago, BOA holds their money for another 11 business days. Thats like 2 weeks?

I deposited cash into my account (actual cash, dollar bills) and BOA held my cash for 2 business days. For why . . . . so they can use my cash? $200 for what?
And also, now this ticks me right the F*#K off, I heard that Bank of America is in line to receive the next Bank Bail out check from the feds. so now our tax money is going to go to a bank that ripped so many people off that they lost all of their customers and now are going bankrupt. What is this world coming to???????

AHHHHH! I think that they did it on purpose, its a win/win situation for BOA. Use customer money for 11 busn days before posting it to their account, charge ridiculous fees for things that no other bank would charge for, lose all small business customers, and then get a huge check from the federal government. Why would they do it. Lets get our money out quick and vote not to bail them out. Use the money to help new business grow. Honest business that arn't there just there to rip the american people off.

Mariah
utica, Michigan
U.S.A.

This report was posted on Ripoff Report on 1/23/2009 11:07:46 AM and is a permanent record located here: http://www.ripoffreport.com/banks/bank-of-america/bank-of-america-uses-your-mon-z544c.htm.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.

Click Here to read other Ripoff Reports on Bank Of America

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?
REBUTTALS & REPLIES:
1Author 1Consumer 0Employee/Owner
Updates & Rebuttals

#1 Consumer Comment

BANK OF AMERICA ACQUIRED MERRILL LYNCH & THEY OBVIOUSLY DIDN'T.......

AUTHOR: Karl - Highlands Ranch (U.S.A.)

DO THEIR RESEARCH BEFORE MAKING THAT TRANSACTION WHICH ONLY TOOK 48 HOURS, according to a Report last evening on 'The News Hour with Jim Lehrer', on the PBS Station.

Merrill Lynch was in much DEEPER 'doo-doo', according to this Report. It now seems obvious that this WASN'T an acquisition that BOA wanted to do, but a FORCED acquisition to prevent the further DETERIORATION of our economy, as a result of the FED lowering the rate to 1% back in 2003 which spurred all the home sales due to ARM's & Interest Only Mortgages, in my opinion.

Now BOA needs to make as much money as possible in order to stay afloat, wouldn't you agree? They have assumed all of Merrill's TOXIC investments which obviously include BAD MORTGAGES!!!! You know, all those ARM's & Interest Only Loans!!!!

CANCEL ALL ACCOUNTS WITH BOA NOW! DON'T DELAY!

It seems as though all the 'POOP' is going to get much STINKIER in the months ahead. Don't take a chance with ANY Publicly Held Bank right now, or EVER again!!!!! Open an account with a LOCAL CREDIT UNION, or a LOCALLY OWNED & OPERATED Bank immediately!!!!!

We might be saying that BOA was 'DOA' very soon, correct? I wouldn't want any of my money with BOA! CASH-IN all CD's, & cash-out all checking accounts, & savings accounts, NOW!!!!! DON'T DELAY or you might end up DOA, O.K.???? (Hey, that rhymes, huh?)

I'm Karl, and I approve this Update!

P.S. Don't forget to 'Google' this- RIP OFF REPORT #261157, and read the 3 poems that are in the Updates section of that Report. 'FED POEM', and 'FIX AMERICA POEM', and 'USA POEM' are there for everyone.

God bless the PEOPLE of America, and the rest of the WORLD!

WELCOME TO AMERICA- IN FRAUD WE TRUST!

Please sing the following to the tune of- 'God Bless America'

'FRAUD BLESS AMERICA'

1, 2, 3, 4

Fraud Bless America
Land that's corrupt
Stand beside it
And guide it
To the toilet that will flush with your glove!

From the Dow Jones
To the NASDAQ
To the Treasury
And the FED!

FRAUD BLESS America
It's what I said
FRAUD BLESS America
It's what we said!!!

End.

SONG #2

Please sing to the tune of- 'America the Beautiful'

'DOW JONES the BEAUTIFUL'

1, 2, 3

Oh stock market
Oh stock market
Don't ever, ever, crash.

The government
Relies on you
They need to use your cash.

Oh stock market
Oh great Dow Jones
Don't ever, ever, die.

You stood so long
And now we know
You're nothing but a LIE!

End.

URGENT NOTE: These tunes are for amusement purposes only! DO NOT show your children these songs. We don't want them finding out the truth, right?

GO STEELERS!
Respond to this report!
What's this?

Advertisers above have met our
strict standards for business conduct.

sponsor