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Report: #363387

Complaint Review: Fifth Third Bank - Hilliard Ohio

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  • Reported By: Hilliard Ohio
  • Author Confirmed What's this?
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  • Fifth Third Bank 53.com Hilliard, Ohio U.S.A.

Fifth Third Bank EXCESSIVE SAVINGS WITHDRAWAL FEE caused Overdraft Hilliard, Ohio Ohio

*Consumer Comment: Regulation D, 12 CFR 204.2(d)(2),

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I've been a 5/3 banking customers for a number of years and recently opened a checking account. After checking my balances online I noticed a deposit had not cleared for the checking account, and made a transfer from my savings to cover the purchases.

This left a small amount in my savings account, but it was not empty nor overdrawn. However, the next day they charged an EXCESSIVE SAVINGS WITHDRAWAL FEE of $20.00, more than I had in my account. Then, they charged me an overdraft fee.

I recognize I messed up in not having enough in my checking to cover what I spent. My problem is that I cannot find a mention of a EXCESSIVE SAVINGS WITHDRAWAL FEE anywhere on the website or my personal papers.

Kris
Hilliard, Ohio
U.S.A.

This report was posted on Ripoff Report on 08/15/2008 04:37 PM and is a permanent record located here: https://www.ripoffreport.com/reports/fifth-third-bank/hilliard-ohio-43026/fifth-third-bank-excessive-savings-withdrawal-fee-caused-overdraft-hilliard-ohio-ohio-363387. 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. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#1 Consumer Comment

Regulation D, 12 CFR 204.2(d)(2),

AUTHOR: chiefr - (United States of America)

POSTED: Tuesday, March 30, 2010

You should become more familiar with this regulation if you're going to make any withdrawals from your savings account(s).

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