ED Magedson – Founder
Arvest Bank Manipulation of debits and credits so they benefit with overdraft fees oklahoma city Oklahoma
I have noticed on several occasions that what I am told by the bank regarding what my balance and what the proof department does after hours is in conflict. and I have called the OKC branch bank and told them, and they say it takes a while for checks to clear. This has happened multiple times and I have had to pay many over draft fees. So I thought I would do some investigation, So For the past 9 days I have been monitoring my ARVEST checking account from the web, taking screen shots. Because I was very close to going over the balance. I called the OKC branch and asked what my current balance on the 30th of October and I was told it was .63 cents.
I get paid every two weeks, The next morning I received my paycheck through direct deposit. I got paid, and all was good. Tonight, November 4th, 2013 I was checking my balance, and they rearranged all my debits , going back several days, actually over a week, to cause overdrafts, about 8 in a row. I don't know who to go see to report this crime. They are obviously manipulating the debits and credits so that they can cause an overdraft. I can see that Others on this board are reporting ARVEST as well. I am going to see a bank officer tomorrow morning to report this.
This report was posted on Ripoff Report on 11/05/2013 01:01 AM and is a permanent record located here: http://www.ripoffreport.com/reports/arvest-bank/oklahoma-city-oklahoma-73101/arvest-bank-manipulation-of-debits-and-credits-so-they-benefit-with-overdraft-fees-oklah-1096991. 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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