Wachovia Bank Formerly First Union Abuses overdraft fees against cash deposits ripoff Savannah Georgia

Since Wachovia bought out First Union, I am continually hit with $35 overdraft fees on a regular basis. In June, a restaurant errantly charge $118 to my account instead of $11.80. Checking online, I found the error immediately and transfered cash from savings to the checking. I then contacted Wachovia and the restaurant immediately. Wachovia still hit me with two $35 overdraft fees although they could see the restaurant corrected the error. I spoke with several Wachovia representative, but the charges were never reverse. The restaurant reimbursed for the fees.

Last week I made a $400 cash deposit in the morning, then made a payment to my cable company. Today I find Wachovia returned my cable payment and hit me with a $35 overdraft fee.

Asking around I found several people who have since closed accounts with Wachovia because of Wachovia's overdraft abuse. A fellow employee said he closed his account after making a $600 cash deposit on Friday, but Wachovia did not post it until Tuesday. He was hit with a total of $105 dollars worth of fees for using his debit card over the weekend.

My daughter says she closed her account after being hit with close to $200 dollars worth of fees, even though most were reversed she had to fight Wachovia constantly. When she went to open her new account at the other bank, they were quite please and friendly. They told her they get quite a few new customers from Wachovia.

If anyone is sponsoring a class action lawsuit against please let me know. I have plenty of names to add. First Union used to be customer friendly, but since Wachovia's buy outm the bank is known as Walk-All-Over Bank. I am closing my account this week and going back to a more customer friendly bank.

Mary E
Savannah, Georgia
U.S.A.