US Bank Rip Off, Fraud, BEWARE, look out, Us bank is a scam Medina Ohio

This problem is painfully obvious.

A deposit made to an ATM is NOT treated the same as an inside deposit. That ATM has no idea what you are depositing, IF ANYTHING. And, only being with the bank for 2.5 months makes your account probationary. Tighter funds availability restrictions apply anyway.

If he deposited it to the ATM on the wall of the bank, sometimes the bank does their own inside ATM and the check MIGHT have then been posted by Monday. Maybe.

If it was a drive through ATM, that usually gets done by a third party security company. If this deposit was done at the drive through ATM, there is a very good chance that the deposit would not be posted until Tuesday.

All of this is clearly disclosed in the funds availability act of your account terms and conditions.

If this was an ATM deposit, I can see why the funds might not have been made available right away. The ATM can't really tell the difference between a deposit on USBank or any other bank at the moment of deposit. If the ATM was reading the check itself, and not just accepting an envelope,then there'd be a chance... I doubt we'll see that technology anytime soon, though.

Best thing to do would be to get Direct Deposit or just make your deposits at a human teller that can hopefully tell the difference.

I am not responding to defend this bank or not defend this bank but mearly to explain why not all funds are made immediately accessible when deposited into an atm. A major reason being check clearing. Now I know that most people are honest but as a business you have to protect yourself. Say you deposit a check from a business who doesn't have the funds to cover the check. The check is 1200.00. If they allowed all the funds to be available immediately you could go spend that 1200.00 the same day. The next day that check does not clear. The bank is now out 1200.00. Yes that would not be a large amount to a bank but a loss is a loss and anyone who works in any industry has heard the phrase loss prevention.

So say 1000 people that day deposited 1200.00 checks that did not have funds to cover them, suddenly that 1200.00 loss becomes a 1,200,00.00 loss. Yes I am exagerating but I hope you get my point. Another reason is the practice of "kiting checks". This is where people will deposit a check from one account to another without having the funds. They use money they don't have and the next day write a check from the second account to the first without available funds.

Basically using money from both accounts they don't really have. Again I am not saying that everyone would do this but again it all goes back to loss prevention and the rules all banks set up is to cover there losses. Everyone works for a business that wants to lessen the likelyhood of losing money.

I guess I did this thread wrong... It is ok that the bank holds their own checks; it is ok that a bank sees the money was posted in there and after all was approved and verified to be ok; they won't reverse it, for (NEW) unknowing customers. It is ok that the bank took all the cash out Friday morning and sent the check elsewhere where it didn't POST until Tuesday; it was not available until Wednesday. All this is ok... I mean LEGALLY... I also understand in person and atm are completely different and atm will take a lot longer.

So maybe I should be warning JUST potential customers and ANYBODY else in America (or other countries) who may happen to make a mistake in their life time
Not because it is illegal but because if there is something I can do to make where I live better for my children's future, then I shall try.


What's not ok (as Glen Beck would say)
It is bad ethics, bad relationships, and just bad business (well not for the bank).

I have NEVER seen so many rude people in the same place before in my life. I realize now why Ethics is a mandatory class in business majors. I realize that bank tellers and even managers don't have to take classes to do their jobs.

My warning should have been for anyone who is good and generally tries to make life a better one for them and the people they love stay clear of US Bank. They are not told be caring or friendly, there is no ethic class, and maybe they are schooled on how to say no to their customers (like the silly commercial for capital one)
I apologize for the fist part of my posting, it isn't a legal issue, US bank ripped me off, but they did it legally.


My advice is to PLEASE research your bank, talk to the people; you can see a lot about a business by the way their employees behave.
Listen Please We are a world that runs almost solely on money; our lives are literally enslaved into money. We can not eat, live, get nourished, and drive, without money. It isn't like it was in the days where tribes cut down their fruit, you must buy fruit, you must buy land to grow your own fruit, and MONEY is the key. So I say as a mom, a student, a worker, and a person... My advice is to research who you may be trusting your life (money) with

Robert, if you work for US bank I must tell you, YOU are the nicest person I have dealt with that works there, HOWEVER, Dave's right. They are PAYROLL (cut from US Bank) checks and I specifically asked the woman if there would be a hold when I opened the account because that is why my fianc wanted the account.

Also I get the difficult issues that all banks have when handling finances, but it isn't about that, even if the check wasn't A US BANK PAYROLL check or the cash wasn't really cash, and subjected to final approval, it does not justify the fact that EVERY SINGLE PERSON I had dealings with were rude, disrespectful, and plain out UN-KIND!

The fact truly is that I warn all who reads this to be careful. Really, and I am not saying it for my own benefit, because I am past the point of being careful. I feel sorry for anybody who deals with this bank and Im honestly not being prejudice, it is and has been a truly horrible experience and I wish this upon no one.

Thanks Dave for the suggestion of the credit union, at this time I have had a meeting with a lawyer and will proceed from there. I am a full time student who has been a single mom for more than 8 years and I have never had any kind of bad credit until now. I have so many bills that I can't even attempt to pay because the bank has taken more than half my monthly salary twice now.

The last poster is not entirely correct. The "Expedited Funds Availability Act" provides that funds deposited IN person with a teller and drawn on the same bank must be available the next banking day. Deposits not made in person to a teller must be made available the second banking day.

If deposited Friday A.M. into the ATM as the OP indicated the bank is not required to make the full amount available, even if drawn on the same bank, until the second bank day following - in this case Tuesday.

While I am a staunch advocate against manipulative posting by the banks as well as their exorbitant fee structure, in this case waiting for funds availability would have prevented the problem.

The last poster is not entirely correct. The "Expedited Funds Availability Act" provides that funds deposited IN person with a teller and drawn on the same bank must be available the next banking day. Deposits not made in person to a teller must be made available the second banking day.

If deposited Friday A.M. into the ATM as the OP indicated the bank is not required to make the full amount available, even if drawn on the same bank, until the second bank day following - in this case Tuesday.

While I am a staunch advocate against manipulative posting by the banks as well as their exorbitant fee structure, in this case waiting for funds availability would have prevented the problem.

She says that this is a payroll check drawn on the SAME bank. Payroll checks, by law from what I have heard, must be made available immediately. ESPECIALLY if they are drawn off the same bank.

No, the OP is correct on this one. This is a blantant tactic used by US Bank to rip off the public. There is no reason on earth that payroll check should be held, unless there are no funds in the employer's account. Assuming everything is ok with the employer, that check should've been made available immediately.

I deposit personal checks in my account, and they are readily available, I never have to wait even if I don't have enough money in my account to cover it.

My advice is to seek out a credit union!

The problem, if I read your report currectly, appears to be funds availability issues.

If your fiance' deposits his paycheck on Friday AM (whether by teller or ATM), it does not post to the account until that Friday. The funds from that check deposit do not become available to draw against until the next business day, in this case Monday. Can your fiance' have his pay direct deposited? That way the funds are available on the day it post's to the account.

Have a look through you account terms and conditions. There should be a section in it that explains the bank's funds availability policy. There should also be a section in there concerning check card usage, holds on

I can get all rather complicated between funds availability , check card funds holds.