First Convenience Bank Overdraft Scam! Pasadena Texas

 #1. I don't work for the bank so please don't try that tired excuse.

#2. If you deposit cash after Friday cutoff it will not credit until Monday's posting. So you won't see it until Tuesday and it can't help cover anything that posts as Friday's business.

#3. Most if not all banks process the same way. The only possible differences are: dey credit the deposits before or after the debits and how much do they charge for each OD fee.

#4. According to your original the, the teller said "it didn't make sense" not that the bank was wrong. This reaction is not surprising because tellers don't need to understand how posting works. That'swhy you should always contact Customer Support.

#5. The online/phone banking will only sow the transactions the bank knows about. Items that have already posted and debit card transactins that created a hold. This will give you the online available balance. But it doesn't show debit card transactions that don't create holds (hotel/motel reservations, carental reservtions, plane ticket reservations and gs purchases to name a few). These items don't affect the online balance until they post.

#6.  Posting works as follows: Take your previous business day's closing balance. Subtract all debit card holds. This leaves your available balance. Subtract all debits (usually largest to smallest) to get current business day's closing balance. If the balance goes negative, you get a fee for each negative item. Example: Previous balance $250. Subtract $80 in DBC holds. Available balance $170. Subtract check written last week $100, avail bal $70. Subtract DBC purchase $50., avail bal $20. Subtract check written yesterday $40, avail bal -$20. Subtract DBC purchase $10, avail bal -$30. You could be charged 2 OD fees. When you look at your online banking, you'll see the balance showing as $50 because the DBC holds don't show, so you "never went negative". But as far a the bank is concerned, you spent more money than you had available. 

 I'm not claiming that I'm without fault. You guys must work for the bank.. Did you not read that i could not deposit cash into my own account with out waiting 2 days for it to clear. Or how about that in the first instance a teller even told me the bank was incorrect, and yes my register was positive just as the online banking statement said i was. A bank employee told me that three bank wad wrong but that her manager was off on vacation and that she could not correct it without the manager present.

"The bank is charging me overdraft fees when I am not negative."

A checking account can be charged an overdraft fee without having a negative balance. If a deduction would have created a negative balance but is declined by the bank, the account could retain a positive balance.

"my internet banking, mobile banking, and daily balance texts from the bank show I have money available"

That information does not reflect outstanding transactions. That is why you must maintain a current check register as noted by the previous commenter.

"I tried to deposit cash to cover the pending charges so they wouldn't all cost me overdaft fees and I was told that I would take 2 days"

Never attempt to draw against funds until after those funds are available.

"this kind of business practice is very very common with First Convenience Bank"

All banks charge for overdrafts.

"I don't know what to do"

Maintain a check register and don't attempt to draw against unavailable funds.

 What did your check register state your balance was??? My best guess would be you do not keep a check register or even balance your monthly bank statement.  Oneline, ATM and phone balances are not accurate so the reason you overdraft your account is YOUR fault not the banks.