- Report: #805844
Report - Rebuttal - Arbitrate
Complaint Review: The East Carolina Bank
The East Carolina Bank35050 US 264 Engelhard, North Carolina United States of America
The East Carolina Bank ECB Is $18,000 in Bank Fees in One Year Morally Correct from a "Community Bank" Engelhard, North Carolina
*Consumer Comment: Morality???
*Consumer Comment: Your contention is that due to YOUR fault...
*Consumer Comment: no details
Ok so how did this happen. Two reasons and I take the blame. I was focused on building a new business and not paying attention to details. Second, they have a confusing online banking system that makes it difficult not only for me but other bankers, lawyers and individuals to understand.
To date I have had no response to emails sent to the CEO, the board of directors or anyone else at ECB. The responses from complaints filed are filled with inaccurate statements and they maintain their position they are entitled to every penny.
Without going to court and hiring a huge firm to fight a battle I may win, I still would loose it all in fees, now to attorneys.
They may be right legally, they wrote the rules, but are they right morally? At what point is enough, enough. Their aggressive tactics have forced me to shut down my retail location and move into a storage facility to liquidate my assets.
I thought the community bank was their to support the community and help build business. I guess I made a bad choice of banks.
This report was posted on Ripoff Report on 12/06/2011 05:13 PM and is a permanent record located here: http://www.ripoffreport.com/r/The-East-Carolina-Bank/Engelhard-North-Carolina-27824/The-East-Carolina-Bank-ECB-Is-18000-in-Bank-Fees-in-One-Year-Morally-Correct-from-a-Com-805844. 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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