Report: #542872

Complaint Review: Tri Counties Bank - Internet

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Ripoff Report is Xcentric Ventures

Submitted: Sun, December 20, 2009
Updated: Mon, December 21, 2009
Reported By: Phanta — chico California U.S.A.

Author Confirmed

Why?

Tri Counties Bank 780 Mangrove Avenue, Chico, CA Internet United States of America

Phone: (530) 898-0400
Web: http://www.tricountiesbank.com/
Category: Banks

Tri Counties Bank Tri Counties Bank Fosters Prolific Overdrafts Internet, Internet

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Tri Counties Bank is persistently vague about electronic fund transfers, processing procedures, and are historically notorious for holding back, and changing the order and dates of transactions in their drive to gain multiple overdraft charges. In furtherance of this goal, Tri Counties removed the running balance column from their online banking service claiming technical difficulties while updating their webpage and several years later, still havent worked it out. Business customers still have this feature and regular customers are now told they may have it added back in for an extra fee. Their quarterly report to the SEC shows: "Also contributing to the increase in noninterest income was a $127,000 (3.1%) increase in service charges on deposit accounts to $4,207,000, a $123,000 (10.6%) increase in ATM fees and interchange revenue to$1,287,000... Due to the nature of the banking business, the Bank is at times party to various legal actions; all such actions are of a routine nature and arise in the normal course of business of the Bank.

This report was posted on Ripoff Report on 12/20/2009 11:13 PM and is a permanent record located here: https://www.ripoffreport.com/reports/tri-counties-bank/internet/tri-counties-bank-tri-counties-bank-fosters-prolific-overdrafts-internet-internet-542872. 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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