• Report: #226687
Complaint Review:

First American Bank

  • Submitted: Thu, December 21, 2006
  • Updated: Thu, December 21, 2006

  • Reported By:Elk Grove Illinois
First American Bank
PO Box 0794 Elk Grove Village, Illinois U.S.A.
  • Phone: 847-952-3700
  • Web:
  • Category: Banks

First American Bank - FirstAm Bank ripoff fraudulent Account Analysis Fee added without notice Elk Grove Village Illinois

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First American Bank of Illinois has added a merhant deposit service fee under the guise of "Account Analysis Fee" without knowledge of the account holder. Under the account holders terms with the bank, merchant deposit services were said to be free - therefore, no paperwork outlining the free fee structure.

At first, FirstAm said the fee was for using the "Merhant bills & coin" change machine. The machine clearly states that the transaction fee is "0.00".

Then FirstAm said the fee was for processing checks. We stopped depositing checks but we were still charged the $95.00 fee.

$95.00 for depositing our hard earned cash? No way.

Banks need to know, when they take our money and hide behind some obscure law, they will pay with their life.

Elk Grove, Illinois

This report was posted on Ripoff Report on 12/21/2006 04:21 PM and is a permanent record located here: http://www.ripoffreport.com/reports/first-american-bank/elk-grove-village-illinois-60009/first-american-bank-firstam-bank-ripoff-fraudulent-account-analysis-fee-added-without-no-226687. 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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