On July 31, 2009 Chase Bank made an illegal withdrawal from my checking account in the amount of $407.71. It was designated as Misc. Debit - Withdrawal to Another Account. I did not find out until August 7, one week later when I received a letter from Chase informing that I had 3 insuffcient fund items. Those 3 items were paid but the acct was now overdrawn $256.33. By that time I had 2 more debits.
I had been a customer of Washinton Mutual for a number of years and Chase has recently acquired the assets of WAMU. My account automatically transfered to Chase.
When I went to a local Chase Bank, the branch manager waived the bank fees so that the acct was overdrawn only $122 +/-. The $407.71 was a collection from a 2005 BancOne account that the branch manager said was Perfectly Legal since Chase had bought BancOne's assets and debts.
I am still searching my home office area for the 2005 records from BancOne.
Legal Stealing??? Surely, J.P. Morgan/Chase has stepped way over the line.
So, do I just go to another bank and open a new acct? Or do I maintain my only bank account at Chase and hope and wait for restitution thru a class action law suit.
Now it is my understanding that to gain access to an account one must have the Pin number for the debit card, or the user name and password for the online acct access. Were my pin number, username and password STOLEN?
It seems perfectly clear that an Organized Crime occured. We can only hope that J.P. Morgan/Chase is held accountable and that wrong-doers are dealt with by the governing bodies and law enforcement branches.
Flower Mound, Texas