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Report: #1443706

Complaint Review: SunTrust Bank - Atlanta Georgia

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  • Reported By: Sorry that I trusted them — Flowery Branch United States
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  • SunTrust Bank 303 Peachtree Street NE Atlanta, Georgia United States

SunTrust Bank William H. Rogers, Jr. Thomas Farias Thomas Farias Lied about funds availabilty Atlanta Georgia

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I visted a local SunTrust branch because they offered me an attractive rate for an IRA CD. Because funds from IRA's must be transfered from one bank to another, the check from the bank I had at the time was made oot to SunTrust.  When got to the branch, however, I found out that SunTrust does not provide its customers with a Truth in Savings agreement which defines the conditions of the CD. This means that SunTrust can change the terms whenever the wish. Because of this, I declined the offer. But instead of giving the check back to me, the bank manager said that I should open a money market account and that I could have them write a check to whatever bank I decided to do business with in the future. He assured me that there would be no delay in the availability of the funds. 

When I found out that that he mislead me, I filed an complaint with SunTrust. All of SunTrust's complaints are handled by Thomas Farias. In my opinion, Thomas Farias is a professional con-man that SunTrust has hired  to cover-up their corrupt business practices. After doing some research, I found that SunTrust has done similar things to thousands of customers and has been involved with allegations of corrupt business practices since William H Rogers, Jr took over as CEO. I was a customer with Suntrust for almost 20 years. I will never be a customer of theirs again.If you are reading this, please take the time to look at some of the numerous complaints against SunTrust. I wish I had done this before I trusted them with my money.  

This report was posted on Ripoff Report on 05/19/2018 09:18 AM and is a permanent record located here: https://www.ripoffreport.com/reports/suntrust-bank/atlanta-georgia-30308/suntrust-bank-william-h-rogers-jrthomas-farias-thomas-farias-lied-about-funds-availab-1443706. 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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