- Report: #602455
Complaint Review: Old National Bank
| Old National Bank 1628 georgetown Road Danville
Tuilton, Illinois United States of America |
|
Old National Bank Ridiculous fees - More then the mafia charges for street loans. Tuilton, Illinois
*Consumer Comment: Old National is in a Class Action for this very reason
*Consumer Comment: Doubtful
*General Comment: Thats a Lie
*Author of original report: Uneducated response
*General Comment: Let Me Get This Straight....
*Author of original report: Something else to consider
*Author of original report: Typo
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My wife was overdrawn on her account by $2.43 (we still dispute this). We went in to the bank and spoke with Lisa Burke. She looked at the print out and assumed that it was our mistake. We never got an answer as to how the sccount was off by $2.
The bank charges $35 for an overdraft and $8 per day after the third day that that account is overdrawn. For someone who only gets paid every two weeks, these charges will total about $93 for a $2.43 overdraft. Lisa Burke was unwilling to provide any relief on the fees whatsoever.
This is a bank that has bought out several banks through the years. We now know how they got the money to become a monster bank. It should be noted that the interest on loan sharking is NEVER even close to 100 percent for two weeks. These charges come to about 3,827% for two weeks or about 99,507% annually. And people wonder why the country is on the verge of class war.
I urge all people to avoid this bank unless they have the money to keep a large cushen in their account. Even then, this should serve as a heads-up to check your balances carefully and look out for booby traps that could cost you dearly. It is apparent that this bank does not care one bit about the people or the community that made it rich. I also urge people to use every reasonable measure to deny them profit or cost them additional expenses. I will be making additional posts regarding legal ways in which people can accomplish this.
This report was posted on Ripoff Report on 05/12/2010 08:46 AM and is a permanent record located here: http://www.ripoffreport.com/r/Old-National-Bank/Tuilton-Illinois-61833/Old-National-Bank-Ridiculous-fees-More-then-the-mafia-charges-for-street-loans-Tuilton-602455. 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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Search Tips#1 Consumer Comment
Old National is in a Class Action for this very reason
AUTHOR: Concerned Consumer - (United States of America)
SUBMITTED: Friday, September 28, 2012
POSTED: Friday, September 28, 2012#2 Consumer Comment
Doubtful
AUTHOR: Chad - (USA)
SUBMITTED: Wednesday, May 09, 2012
POSTED: Wednesday, May 09, 2012If you can prove you didn't overdraft, they should help you. If you are aggressive, insulting and calling them names, they're not going to be as helpful. No matter what, stay polite and reasonable when dealing with them. Good luck!
#3 General Comment
Thats a Lie
AUTHOR: Saluki1 - (United States of America)
SUBMITTED: Wednesday, May 09, 2012
POSTED: Wednesday, May 09, 2012As far as re-sequencing, those days are over. The big banks got lawsuits because of this a few years ago and they have updated their policies. DEPOSITS will post before debits which actually decreases your chances of overdrawing your account.
And yes, banks do charge to cash checks that are drawn from them but guess what??? YOU CAN AVOID THE FEE BY CASHING THE CHECK AT YOUR OWN BANK!!!!!!!! And most banks have ways that you can avoid getting monthly fees and other things waived if you meet certain requirements. Read the disclosures and stop whining.
DISCLAIMER: I DO NOT WORK AT A BANK
#4 Author of original report
Uneducated response
AUTHOR: Shane - (U.S.A.)
SUBMITTED: Wednesday, May 09, 2012
POSTED: Wednesday, May 09, 2012#5 General Comment
Let Me Get This Straight....
AUTHOR: Saluki1 - (United States of America)
SUBMITTED: Tuesday, May 08, 2012
POSTED: Tuesday, May 08, 2012Don't badmouth the bank simply because you were unable to balance your checkbook register.
And your information about payday loans and loan sharks is false, by the way. You will typically pay much more than what was quoted and the consequences are worse. Payday loans hurt your credit score and usually result in an even bigger financial loss.
#6 Author of original report
Something else to consider
AUTHOR: Shane - (U.S.A.)
SUBMITTED: Thursday, May 13, 2010
POSTED: Thursday, May 13, 2010#7 Author of original report
Typo
AUTHOR: Shane - (U.S.A.)
SUBMITTED: Wednesday, May 12, 2010
POSTED: Wednesday, May 12, 2010

