Old National Bank ripoff dishonest late posting ATM withdrawals then charging $33 NSF Evansville Indiana

I agree with Cody, this isn't really the bank's fault. If you check your balance online, be sure to compare it to your bank register. Sometimes if you write a check to an individual it doesn't "hit" your bank right away as they may hold it, it goes to another banking facility for processing, then to your bank. A common occurance is that a lot of people do not use check registers either paper or on their computers. This is good banking practice...that way you know that you don't have enough money to withdraw....the ONLY complaint I have against ATM's though is that if you do not have enough money in your account, it still lets you have money....many years ago when I received my first ATM card, this was not allowed. Times have changed as I am sure that the banks have seen this as a way to collect fees....

I agree that some of the banks do try to catch some people with this stuff, they make tons of money in NFS charges, however, this is noone's fault but your own and could easily be avoided.

It is irrelevant when they post a withdrawal or check to your account. You made the cash w/ drawals and you wrote the checks. You should always have enough cash in the bank to cover every single debit or check YOU have written, at all times.

You clearly stated some checks cleared, then more checks cleared, over drawing your account, then the debits posted.

You withdrew/wrote more $$ in checks than what you had in the bank, how is that the banks fault??

Sorry, but I am very confused here.

In order to avoid this in the future, follow the guide lines listed below.

Example 1:
Acct. Balance: $500.00
Checks Written: $280.00
Debit/Cash W/draw: $100.00
Result: You have sufficient funds to cover.

Example 2:
Acct. Balance: $500.00
Checks Written: $400.00
Debit/Cash W/draw: $180.00
Result: You are overdrawn, expect a service fee!

It is simple math, really.

Cody

If there's money in your account, it probably shouldn't matter when the they "hit" your account, be it Monday night or Tuesdaday night or even Wed. night. You said on Tuesday night/Wednesday morning MORE checks, you had written, were posted to your account. Do I figure that you got an online or onphone balance, assuming your ATM withdrawls had been posted and then wrote some checks based on that balance. I guess your thinking is they manipulated their system to make everything "hit" at the same time thereby causing your NSF's. Or, is there some other way of looking at it? The reason I ask is that the usual post is about the order in which the checks are posted. Largest to smallest This is the first time I've read about something like this.