ED Magedson – Founder
Regions Bank6650 Caroline Street Milton, Florida United States of America
This branch of the bank has an individual who likes to treat customers like second class citizens. When the customer does not cow toe to these agitators the bank then immediately cancels (starts closure proceedings) even though the account is in good standing never had a overdraft and had money in the account and savings account, they still proclaim that they have the right to close the account for any reason and they do close them.
My caution to anyone doing business with this bank is find one that knows and practices customer service, and values your business.
Also I think we should all demand that Regions bank immediately repay any TARP money they received with interest. If they choose to treat the public which is there customers and the only way they stay in business then I say lets treat them the same way, after all they took our tax money from the government to bail them out because the made bad loans.
So In my opinion the $3.5 Billion dollars plus the 10% interest should be immediately repaid to the tax payers which they have shown they care nothing about. They need to give us any good reason why we (the public) should let them continue in business. What I think they need to understand is they are only here because of the depositors and share holders and if they do not care for us any more than this then we should return the favor by closing them down.
This report was posted on Ripoff Report on 01/06/2011 10:16 PM and is a permanent record located here: http://www.ripoffreport.com/reports/regions-bank/milton-florida-32570/regions-bank-closes-accounts-because-they-have-employees-who-like-to-instigate-conflict-w-679785. 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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