SunTrust Bank

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Category: Business & Finances

Contact Information
Atlanta, Georgia, United States

SunTrust Bank Reviews

Richard March 22, 2009
Mislead
March 21, 2009

Richard SOME INFORMATION DELETED.
LETTER SENT TO SUNTRUST CEO

E. Jenner Wood III
303 Peachtree St. N.E.
Atlanta, Ga. 30308-3201


RE: Account # Checking. Savings #

Dear Sir,

This letter is to inform you of SunTrust banking procedures that is in fact, questionable to the survivors of sole ownership to an account.

On 11-16-2002, I obtained a General Power of Attorney on my father due to his medical condition. The Power of Attorney states, “My agent shall have full power an authority to act on my behalf.” Open and MAINTAIN Checking and Savings accounts.

On 11-27-02 my father was in the hospital for liver problems relating to hepatitis. The doctor’s did not know if he would recover. At this point, I informed his bank of what was taking place. I faxed over from the hospital, the Power of Attorney to the branch. In turn, Jennifer faxed an Account Title to be sign by my father and me. This was done and sent back to the bank. My father did recover and I took care of all his affairs.

On 11-03-05 my father died of liver failure. After all of his creditors were paid, I closed out the SunTrust account. Several months later I received a statement on my fathers Savings Account. I took this information to SunTrust bank. I told the manager that I had Power of Attorney while my father was alive and never told or notified he had a Savings Account until after his death. The manager stated, “There is nothing I can do until the bank has a Letter of Administration. The account will stay on hold until that time.” At this point I contacted an attorney. It turn, he wanted $3, 500.00 to take care of the problem. (The account has $3, 976.38)

To conclude, SunTrust banking procedures on this matter is in fact questionable. Your policy keeping information on matters such as this is a burden to family’s taking care of their own. Out of my own pocket, the amount stated above has not even come close of what has gone out to close the book on my father. The money that SunTrust holds could go to his grandchildren. Don’t you think they are entitled to it? I hope you never have to go through what I have. The stress has taken its toll. I would like your response on this matter.

Yours truly,


Richard
Cecile March 11, 2009
No Communication
SUNTRUST BANK owns the condo next to mine and chose not to heat it (New England) so of course the pipes broke and totalled two units.

No one can get through to this company - WE HAVE INSURANCE AGENTS, LAWYER, CONDO ASSOCIATION, ETC trying to settle this claim and no one will talk to anyone - This have been going on for almost three months. Their unit is still all wet and nothing is being done.

Can anyone give me a phone number of anyone in the mortgage department that might pick up a phone better yet a lawyer in the firm would be better.

The number we were given by one of their representatives is 1-800-330-4634 for the Morgage Dept. which is not in service.
johnson anthony February 22, 2009
why won't suntrust accept my offer??????
i just can't believe this SUNTRUST BANK!! I need some help and advice here on this topic. I owe suntrust bank just a little over $4000.00 and i wrote to their collection dept that i would like to settle this debt with a one time payment of $2000.00 and guess what, they have declined my request to accept this offer. I can't believe this. They insist i should settle whatever i owe in full. this is unbeleivable!!! I think Suntrust bank is really up to something. Good people out there if you plan on opening an account with Suntrust this is a word of caution. Beware, because they will nickle and dime you and at the end of the day you won't get help from no where. I never thought suntrust would ever do something like this to me. i am dumbfounded. Why won't they take my offer???????????????????????????????????????
HGG February 13, 2009
Excessive withdrawal fee
Suntrust charged me for taking money out from my own account. Apparently I had too many transfers activities and one withdrawal from my own account. I cannot believe it. Suntrust is a money sucker.
Gardenia56 February 2, 2009
Stole my money
I was 2 weeks late for my truck payment. I finally made it right before thee 2nd one was due. I went online to pay my monthly bills and discovered SunTrust Bank had totally wiped out my bank account. (My checking account and loan account are both at SunTrust Bank) They didn't just take the payment due, they took all my money and bounced a debit that I had made for my groceries. I guess they are going down like all the rest of the banks. Americans BEWARE! The banks are getting bailouts, but who is going to help us??? I guess the billions of dollars in bailouts were not enough, now they're stealing customer's money too.
FORMER SUNTRUST CUSTOMER
Leticia January 21, 2009
Excessive withdrawal fees
Everyday I check and balance my account including the pending items, every week I am charged a minimum of 70.00 NSF fee. What I have discovered is that before I use my card my account is showing sufficient amount including my pending transactions, once I use the card, the same items which were cleared previously will show as a posted item again thus creating an overdraft fee. This is happening every week to my account. I have sat with the customer service at my branch and the rep has reconciled the account with me and the results were in my favor. The NSF fees should not have been charged. If I did not have enough funds then why is my transaction accepted????

I am really disappointed in the method you conduct business especially in these times of economic pressure. I will definitely close my account with Suntrust and advise everyone I know of this type of rip off.
crisp January 7, 2009
bad banking practice
Suntrust is indifferent to account holders. I had a business account with them. It was 5 years of trauma, hours on the phone, and finally getting another bank account and moving on. No hope of customer service or any straight answers and I tried dozens of times. Completely dumb bank. Save your valuable time, and DON'T OPEN AN ACCOUNT HERE. Just my advice from a consumer who has been there. If this bank goes under, cheer. It is the market place at work eliminating the weak and indifferent. I expect to hear of Suntrust's 100% bank failure sometime soon.
JoJo Tyler December 17, 2008
Customers with fiancial issues
I am the ex wife of a car dealer that has made millions for Suntrust bank. I of course am not rich. I also contacted Suntrust for assistance and consideration during a finacial crisis and was treated like trash.

I will not elaborate but I hope not to do any business with this bank again.
John December 9, 2008
Thiefs
On 11/22 I opened (or thought I was opening) a checking account with this bank through their website. I gave them the deposit information, and got a confirmation email that everything was set up, including my $100.00 deposit. On 11/28 I received my check card in the mail. I activated it, then proceeded to go to the website and access my account information. THERE IS NO RECORD OF MY DEPOSIT, and nobody at the customer service # seems to be able to find it. I have filed with the BBB but I am furious, so I am letting everyone know I possibly can to avoid them like the plague. I really hope someone can help me with this, because the money has to be there somewhere. I'm not working right now so 100.00 might as well be 1, 000, 000. I am so upset, I am to the point of crying, and when it gets to that point, look out.
December 4, 2008
Unfair practices
I have been running 30 days late on my car payment. I admit this. This happened because in November 2007 I requested a one-month extension on my car loan. I was having major surgery and my husband wanted to be with me in Nashville. With limited resources, I had to request an extension.

At that time, Suntrust said NOTHING to me about having to request in writing (some form) for payments to be resumed. In fact, in the request that I faxed to Suntrust, I asked for the extension for December but requested that payments be resumed in January.

Now, take in consideration my husband (fairly new husband) knew nothing about our banking except I did tell him that I had all of our payments drafted from the account automatically. I have had a Suntrust account since 1994 - the account was initially mine.

My husband used the debit card to run household expenses while I was recovering. He knew how to check the balance on line, but that was about all and I assumed everything else was on autopilot.

For the next three months I was mostly flat on my back because of the surgery (home healthcare was coming in). On top of that I got the flu and was deathly sick. I can provide documentation of both.

I was totally unaware that Suntrust did not draft a payment in January. In January I honestly thought I would die from the pain and had little else on my mind -- especially with having the flu on top of major surgery.

When I became aware of the fact that no payment had been deducted in January and that I had to sign a form to resume my payments it was when Suntrust called me. NO ONE TOLD ME THAT BEFORE. And as I stated before, my fax to Suntrust said to resume payments in January. Anyway, by the time I was aware no payment had been deducted, I was already behind.

Bottom line, I have been running 30-days late since January 2008. I have explained to Suntrust that I am on disability and have limited resources and that I could not afford to make two payments in one month. The car payments are $301 per month. After all my bills are paid each month, I have $600 for living expenses. My husband is in sales and gets straight commission; so with today's economy -- well you know where that is going. He has also not been able to work much because of medical problems.

I cannot/could not pay $600-plus during one month to catch my account up and Suntrust would not give me an additional extension because my account was past due.

In December 2008, Suntrust decided to deduct the past due payment on December 2 without notifying me. My social security check goes in the bank on December 3. Because Suntrust deducted the past-due car payment on December 2, I ended up having $175 in overdraft charges, plus Suntrust also deducted my December 3 car payment. A total of almost $778 in one month.

If Suntrust had just waited ONE DAY to withdraw the past due payment, my Social Security check would have gone in and the money would have been there. It would have really hurt to make a $602 car payment in one month (especially at Christmas), but it would not have resulted in an additional $175 in charges.

Also, Suntrust should have told me they were going to deduct the past due payment. Had they told me, I would have asked them to wait ONE DAY or have borrowed the money to cover the payment.

The biggest downfall was Suntrust making what they call a "Miscellaneous Debit" and it causing five small debits to be INSUFFICIENT FUNDS with a total of $175.00 charge against our account.

It is wrong to do anybody like this without telling them it is going to happen. Prior to this I have loved banking with Suntrust and have recommended Suntrust to others. I don't know what happened to common decency. I also feel what they did was wrong.

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