SunTrust Bank

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1 stars
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Category: Business & Finances

Contact Information
Atlanta, Georgia, United States

SunTrust Bank Reviews

Jennifer Dorgan September 29, 2010
PAYOFF
Oct. 2006 we claimed bankrupcty but not on truck. Everysince that time is has been redicuious
try to receive a pay off. If a person is calling in for a pay off on there account you should be able to receive amount. You are sitting there looking at it . It is stupid to have to wait for a fax or recieve it in the mail.
Oliver August 13, 2010
Nightmare
I certainly think consumers should know about the struggles my husband and I have had with SunTrust Bank recently.

In this current economy, it's obviously difficult to sell a home. When my husband and I found buyers for our condominium in June, we were thrilled! The buyers are an older, wealthy couple who have a main home in Mount Airy and a vacation home at the beach. Our $79, 000 condominium was not an unreasonable purchase for them.

We set our closing date for Friday, August 6-- about a month and a half after the contract was created. Once that day arrived, though, SunTrust admitted to not being prepared. They had not even sent off the package to underwriting yet!

The closing was then rescheduled for Monday, August 9; then again for Tuesday, August 10. Both times, the bank was unprepared and closing was canceled. My realtor, the buyers, my husband, and I have all called, emailed, and even visited the SunTrust branch in person... we can't get a straight answer from anybody. As of today, we still don't have a resolution, nor have they communicated to us any sort of idea of what we should expect.

My husband has had to ask off of work three times; we've had to switch real estate attorneys; and I have had to reschedule numerous conflicts. Each day that passes, we are losing money towards our mortgage, HOA fees, and taxes.

Meanwhile, the buyers are anxiously awaiting a resolution; the wife plans to use the condo as a home to attend UNC-G's Master's in Nutrition program, and school starts next week.

At this point, we don't even know if the loan will close at all, which will be egregiously disappointing because the buyers were preapproved (and obviously qualified), and our condo has been off the market for so long. It will be very difficult to find another buyer in any sort of quick amount of time, and it will be quite an inconvenience the buyers who have already purchased furniture for the condo.

These constant delays and the lack of communication are rude, inconsiderate, evident of incompetence, and downright unprofessional, and I wanted to spread the word that people should avoid SunTrust Bank.
Erika F July 23, 2010
Help me
Suntrust Bank is a Greedy American Corporate, they thrive on the small business owner who went under in the current financial crisis, and was not able to satisfy financial responsibility, I am a senior citizen who lost everything and have no means of income other than pension funds, and Suntrust wants to put me in jail because I cannot take care of my debt to them. I cannot collect any money owing to me in the amount of approximately $250, 000. of which I already paid suppliers so I'm in deep shit. There are no jobs for me, at my age of 67 although I am knowledgeable in every fiels of business but you know what that is like, So somebody out there give me some help.
judith mariani June 27, 2010
MISHANDLING OF INVESTMENTS
I HAVE A COMPLAINT AGAINST A SUNTRUST INVESTOR. IN SEVEN YEARS SHE LOST
250, 000 OF MY INVESTMENTS. SHE WAS TO ONLY SEND ME THE PROFITS AND NEVER
TOUCH THE PRINCIPAL. THIS MONEY I RECEIVED FROM MY HUSBANDS DEATH
BENEFITS. SHE WENT THROUGH ALL OF IT BY JUST SENDING ME MONTHLY
WITHDRAWALS. MY DISABLED DAUGHTER WERE TO LIVE ON THIS FOR LIFE. WE
NOW JUST HAVE S.S. TO EXIST ON. SHE HAS DESTROYED MY HEALTH OVER THIS
AS I NOW AM GOING TO HAVE TO SELL OUR HOME. HOW DOES A BANK LIKE
SUNTRUST ALLOW SOMEONE LIKE THIS WORK FOR THEM ? I AM 68, WHO IS
GOING TO TAKE CARE OF MY DAUGHTER FINANCIALLY WHEN I AM GONE? I
DON'T THNK IT WILL BE BETTY SMITH! IS THERE ANYTHING I CAN DO TO AT
LEAST RECLAIM SOME OF MY INVESTMENT?

JUDITH MARIANI
allyjanes June 1, 2010
Dishonest
WE applied for a mortgage back in May 2010. We had gone to Wachovia but they told us that my husband could not get a loan the day we met with them because of time on his new job.. We were told to try Suntrust. We went in and spoke to Jason Bradley. My husband explained he had been out of work for 2 yrs and was recently hired and moving to Chattanooga TN> MR Bradley told my husband no problem we can help. We are a smaller bank and have more ways to get a loan approved. WE believed him. My husband explained over and over again asked him if he was sure, He said he had spoken to an FHA underwriter and she had said no problem.He sent us on our way with a prequalifiaction letter saying my husband was approved. We called every week to check in and give Mr Bradley what he needed as he asked us for information. We found a house and put an offer in on it at the end of April. Bear in mind we had been approved by suntrust back earlier in April when my husband had only been working for 2 weeks. AN FHA loan with 3.5 % down. THe offer was accepted and scheduled to close May 28th... WE had the deposit in escrow and all the inspections done. WE working with Jason and he assures us that there is no problems. My husband asks again, we do not want to pay 400 for an appraisal if we do not qualify for this loan. Again no problem. We ask if he has asked the underwriters if this will happen and he says yes.
We are now at May 27th Call Jason to check in and do not hear back until 4.30 pm and tells us our loan has been denied!!!
We have talked to two other banks that told us within 24 hours that we would not get a loan unless my husband has been on his job 6 months.
They led us on for 3 months we have incurred so many expenses trying to get a home we were never going to get. I complained but he had no excuses.. Why did it take 3 months for them to tell us 2 days before closing. We would have rented and not incurred the appraisal fees, inspection fees, realtors time and the sellers time. My husband has been in TN for 3 months whilst the rest of us are in NC. We have incurred hundreds of dollars taking trips to TN to look.
The bank gave us no good explanation. They also had some guy in the bank go into our account and take out the 400 for the appraisal fee without authorisation from myself or my husband.
We are so disappointed to be run around for 3 months!!! NOt good business but they do not care. I asked Jason to speak to his Supervisor but he would not give me that information Said they were looking into it. I called later that day after telling us he would get back to us by the end of that day, when I called he said it might be another few days before his manger can get answers. We still never heard back.
OverItPensacola May 27, 2010
Check Card
They allowed a CHECK CARD charge to go through on my account when there were funds clearly NOT available. This has caused my account to go severely in the red. I took the money out of my account so this charge would NOT got through, but it did and they found LOTS of ways to charge the UAF and NSF fees. They say they did NOTHING wrong and federal regulations state that they can approve check card purchases even when the funds are not available. Supposedly there is a new reg in July that you can opt out so if the funds arent available, the authorization will not go through. This appears fraudulent to me, they approve a charge knowing the funds are not available but still tack on the NUMEROUS fees.
Marshap1 May 15, 2010
Poor Banking Practises
I got fed up with SunTrust and their bad banking practises. Got myself any attorey, Franklin Lemmon 770-444-9594. Call him. He is good.
B. Andujar May 12, 2010
Poor Banking Practices
My mother in law has been with this bank, with this branch since 1952. We've been having problems with them for 5 years now. They add no support for the customer. We have continuous deposits every Monday. During the week our account was charged $108 NSF penalty and a UAF penalty and our account was not overdrawn. The following day, after these charges Plus less than $100 of our own expenses, were were over drawn, and then charged another $144 NSF charges for less than $100 of our own charges. This bank has been doing this for years. Someone has got to put a stop to them!
No_UPS May 11, 2010
Deposit not credited
I made a deposit of $3, 000.00 via the ATM at Arlington Courthouse branch on April 22, 2010. They lost it and act like it's my fault. Customer Service validated that a deposit was made, but the bank didn't credit my account. The investigation people get no information from Customer Service and expect me to prove what Customer Service already verified. It's one big run-around. Now I must contact the company that issued the checks to see if they were cashed and get pictures of the front and back of the checks. SunTrust is doing NOTHING except being obstructionist. I would NEVER recommend them to anyone. I have never had such bad service from anyone, let alone a bank.
Marshap1 May 5, 2010
BAD BANKING PRACTICES
I finally had enough from SunTrust and their bad practises. I got myself an attorney. If you have had enough like me, I highly reccommend Franklin Lemmond 770-444-9594.

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