ED Magedson – Founder
Old National Bank Debits before Credits Indianapolis Indiana
My spouse made a deposit on Saturday, October 21st 2013. The online banking clearly shows the account being credited the deposit on that day. The bank then turned around and debited her account on all transactions made both Saturday and Sunday resulting in over $140 in over draft fees first thing on Monday. They did not credit her deposit until Tuesday. This was not an unusual deposit. It was one that she makes every week.
The bank says that there is nothing that can be done. Even tho the online app said the money was available and credited to her account, the actual availabilty of her funds wasn't until Tuesday. This seems to be a common practice with this bank. I would advise anyone and everyone to stop banking at Old National Bank.
This report was posted on Ripoff Report on 10/23/2013 11:58 AM and is a permanent record located here: http://www.ripoffreport.com/r/Old-National-Bank/Indianapolis-Indiana-46236/Old-National-Bank-Debits-before-Credits-Indianapolis-Indiana-1094073. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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