• Report: #522861
Complaint Review:

Riverside National Bank

  • Submitted: Thu, November 12, 2009
  • Updated: Thu, November 12, 2009

  • Reported By: John — miami beach Florida United States of America
Riverside National Bank
1600 South Federal Highway Fort Pierce, Florida United States of America

Riverside National Bank delays deposits which trigger ripoff over-draft fees. Bank won't cancel courtesy overdraft protection Fort Pierce, Florida

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Sorry, but this bank is a ripoff. I've had multiple deposits intentionally delayed which triggered their courtesy over-draft protection fees of $35.00 on each debit card purchase and, after 2 days, $6.00 daily continuous over-draft fees until your deposit finally clears and a positive balance occurs. Once they initially trigger the courtesy over-draft service, they will game your account by clearing deposits at longer and longer hold times. The bank's main line of business is excessive fees. Their primary target customer is poor, elderly or minority.

They have the worse customer service I have ever experienced and they are not willing to work with you at all on these fees.

Your ATM transactions are actually deducted twice from your account which sometimes causes the account to be overdrawn. Then, they will post a credit for the second deduction later in the week, after over-draft fees are obtained. They will also reorder debit and check purchases from larger to smallest so they can push the account into the negative and then collect the maxim possible fees. THEY ARE A RIPOFF!

This report was posted on Ripoff Report on 11/12/2009 04:38 AM and is a permanent record located here: http://www.ripoffreport.com/reports/riverside-national-bank/fort-pierce-florida-34950/riverside-national-bank-delays-deposits-which-trigger-ripoff-over-draft-fees-bank-wont-522861. 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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