Compass Bank
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Category: Business & Finances
Contact Information United States
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Compass Bank Reviews
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winddreann
July 7, 2011
nfs
I opened an account with compass bank in nov of 2010 so far i have 1500 nfs they bounce anything and everything, they even bounced stuff in pending even if the charge was cancled.
i had fraud activate on my account been trying to close it they wont close it. so no iam 715 neg my account we told them to close my account they wont. they guy at the bank said was closed,
it was not closed. and they said i had pay for the nfs cause we never closed it. we talk to bank manager and hire up . nothing its still opened and collecting bounce fees. we told them we were
not going pay those charges. this bull. they are fraud . and they keep takeing things through my account and keep bounceing it . and they dont care. they can eat the nfs. this there fault.
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Monica S
March 25, 2011
Would not release my funds
I made an ATM deposit of $6000.00 at Compass Bank. I called the same day to find out when my funds would be available since it was such a large deposit. I was told that they would not be available until the 11th business day since my account had been overdrawn more than 6 times in the last 6 mos.
I then proceeded to ask why I was not notified prior to the check being posted to my account, so that I could make the decision to deposit my funds at another institution and was told that I should be receiving my hold letter shortly, after the fact I might add.
I then said that I wanted to come back in and get my check to take it elsewhere, the representative told me that I could come pick it up, but I was put on a brief hold, then told that the party who handles checks had already gone for the day. He then offered to call and get the check verified, and once this was done, he would release the hold which let me know that this policy obviously is not one"written in stone, "and can be changed at the branch's discretion..
He asked that I give him a few days to get the check verified, and he would get back with me. I was then called the next day 7/25/07 by him and told that in order to verify the check, it had to be approved by the branch manager, who told him not to do so, they would be holding my funds the full 11 business days.
I was then instructed to call her, if I had any other questions regarding the matter. I was transferred to her voicemail and did not receive a phone call back. I then proceeded to the next level and contacted the Area/District Manager, to try to have the matter resolved at that level.
I am awaiting a call back. I want to also state that at the time of my deposit, my account was not overdrawn and no monies were due to Compass Bank, yet the Branch Manager would not give approval to have my funds verified or released.
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Don Merrill
March 9, 2011
Home Mortgage Bait and Switch
Six days prior to our official closing date on our new home, they inform us that our interest rate will not be 4.8 to 5.1 and changed to over 6% on a 30 year mortgage. We only used Compass because of their affiliation with our builder Toll Brother's in Colorado. Suddenly, we are stuck between a rock and a hard place. This change was based on our 1099 status...a fact that Compass knew in September when they began our loan application process. We are livid about this and wonder if we are the only ones out there. Until they make some corrections or modifications, we are determined to give them the most bad press we can. Do not use this bank! They are not to be trusted.
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commando
February 26, 2011
free checking
well after 13 years of having an account with compass bank they have now changed the account to a free checking to a build to somthing account wich includes a bit of charges, not only did they do this but they didnt ask me they took apoun them selves and did it now im glad i wasnt gone out of town cause these charges could have added up pretty quickly so every one watch your accounts with compass seems they are out to fuck ppl over right now, and fuck you very much compass bank, thx for the 13 years...
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Stay away from Compass Bank
February 6, 2011
Apathetic Customer Service
In the summer of 2009, my fiance and I signed up for their Rewards Program (4 points for every dollar you spend) when we opened up 2 checking accounts with Compass Bank, then a third account a couple of months later. One of the offers at that time was double points, so for every dollar I spent I would receive 2 points. I was told that these points could be used to receive gift cards, rolled over to airline miles, etc. My fiance and I are getting married at the end of February in Costa Rica, so we decided this would be the perfect time to go see how many points we had racked up. In November we went into our local branch office to try to redeem these points to help us out with the cost of our plane tickets. That's when we found out that we had NO POINTS because we didn't go online to register after opening the accounts. We were not amused. We asked the guy in the branch office to fix it, but he shook his head and told US to call customer service to get it fixed. We did. On the phone, customer service told us that they understood, but to retroactively receive our points, we would need to resolve that in a branch office. Back at the branch office, they passed the buck to the people on the phone, again. Finally tired of the game of hot potato they were playing with me, I took the few thousand dollars out of my savings account and closed it out. When asked why I was closing it I said, "Poor customer service." to which the girl replied, "Oh, I'm sorry." I said, "I keep hearing that but nobody will lift a finger to fix the problem I'm having" to which she replied, "I'm sorry."
Over a hundred thousand dollars per year was directly deposited into my accounts into that financial institution. I closed one of four accounts with three more to go, once I transfer my automatic bill paying to another bank. Even when told my money and accounts are going else where because nobody here give a damn, all I got was, "Oh, I'm sorry." You're not sorry, you're apathetic and you obviously have enormous management and customer service deficiencies.
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ASUalum
August 27, 2010
Auto Loan Misinformation
We are trying to buy a car from a private owner which is financed through Compass Bank. The bank has now told the owner multiple different stories on how the loan must be paid off, including that they will not accept payment from my son's credit union and will only allow the current owner to pay off the loan (like a credit union will release the lien without confirmation of collateral!). They then told the credit union that once any payment is received, they won't release the title for 4-6 weeks. How can one possibly buy a car and then not be able to title it for 6 weeks? Either their customer service is completely incompetent or their practices border on insanity. This is the worst runaround I have experienced in 40 years of dealing with financial institutions. They are not even attempting to service their customer who is trying to sell the car and pay off the lien.
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horsefeathery
June 22, 2010
fees
$7 fee for cashing a check at their bank when you don't have an account, even when the check from compass bank???
I went to compass bank today to cash a check my mother wrote to me to reimburse me for things I've paid for for her. I don't have an account with compass bank because I already had an account elsewhere, and they've pissed me off so many times in my few dealings with them that I won't open one there.
Now this? This bank is now owned by people in Spain. I am as far from a protectionist conservative as Newt Gingrich is a liberal, but I say people should PULL THEIR MONEY OUT OF COMPASS BANK AND GO WITH AMERICAN-OWNED BANKS. Argh!
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ray93246
June 15, 2010
NSF fees
I with anyone who thinks Conmpass bank is a ripoff, I just got charde 240 dollars when i deposited 3000 dollars yesterday and they said i overdrafted 6 debit card transactions. Any one going to sue i would like to get in on it.
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themollusk
April 10, 2010
The inherant dishonesty of this bank
Compass Bank has repeatedly taken fees out from our account with no reason. When you call the customer service line, they tell you that the mistake is YOUR fault, even when it's not! This isn't customer service, it's legalized stealing. And apparently, there is NOTHING you can do to them. The banking commission isn't interested, and they tell you to get a lawyer. But seriously, if you could AFFORD a lawyer, you wouldn't be getting any NSF fees, now would you? Any lawyers out there looking to make a name (not to mention money) in suing one of the biggest scams in America?
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ayana1958
March 26, 2010
THEY SUCK / BAD BANK
I opened 2 business accounts and 1 personal. They started charging me $6.00 for making deposit in cash. After I complained they increased the amount in cash for deposit. I NEVER heard a bank punis you because you bring cash for deposit.
Now after being mad with them for some other issues as overdraft fee covered in the same day. They look by hour, it dependes on the time of the day you make a deposit, they will charge opverdraft fee, and a hell they will never waive one for a goods customer.
Now I want to cancell and they want to charge me $ 25.00 each account I close and if no moviment in a 7 days (week) they will charge & 25.00 fee also.
SO I AM OBLIGATED TO KEEP THEM UNTIL COMPLETE 6 MONTHS...how that can happen in this country where we say we have FREEDOM???
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