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Report: #1329289

Complaint Review: First United Bank - Durant Oklahoma

  • Submitted:
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  • Reported By: Greg — Durant Oklahoma United States of America
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  • First United Bank 1400 Durant, Oklahoma USA

First United Bank Durant Bank Beware of Mortgage Appraisals Durant Oklahoma

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First United Bank and Trust Company out of Durant, Oklahoma, hired an appraiser to appraise our home who provided a fraudulent appraisal report. We notified First United Bank and Trust Company out of Durant, Oklahoma about our concerns regarding the appraisal. Greg Massey, in a letter, referred to our concerns as "frivolous" and ignored them. We then made a report to the Oklahoma Real Estate Appraisal Board, who investigated the appraisal and found it to be fraudulent. Not to let a little fraudulent appraisal stand in the way, First United Bank and Trust continues to offer ridiculous financing based on the same fraudulent appraisal. The appraiser they hired to produce the fraudulent report surrendered his license, rather than face the disciplinary committee. Nonetheless, the bank stands by and continues to use the fraudulent appraisal. This is only outdone by their over 23 incorrect reports of our credit. Anyone conducting business with this bank needs to go through their credit report with a fine tooth comb. Apparently their credit reporting system does not properly interface with the Consumer Reporting Agencies, and I can tell you from personal experience they can destroy your credit.

This report was posted on Ripoff Report on 09/20/2016 07:57 PM and is a permanent record located here: https://www.ripoffreport.com/reports/first-united-bank/durant-oklahoma-74820/first-united-bank-durant-bank-beware-of-mortgage-appraisals-durant-oklahoma-1329289. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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