Sunday, January 6, 2013 - 10:47 PM
What Are All These Fees?Sound Credit Union
They put a hold on my direct deposit payroll funds? I never heard of such a thing. Nor have they done this to me before. Since there was a hold on my funds, they started transferring money from my savings at $5.00 each. Previously, I also had a problem with a $29 overdraft fee when there were sufficient funds in my account. This created a cascade of fees before I noticed the problem. I was charged nearly $150 in overdraft fees. If they hadn't removed the initial $29 when there were available funds, none of the rest of the charges would have ensued.
I will be moving all of my money out of there. I don't have time to keep a constant watch on my shrinking account and all of their fees. Go anywhere else and keep your money.
1 posts since
Jan 6, 2013
Rep Points: 3
1. Monday, January 7, 2013 - 11:42 AM
When fifteen of the sixteen reviews of this outfit were extremely negative, especially about fees; it is indeed a nasty place to park one's money. The single good review seemed to be directly from the credit union employee or paid advertisement.
Thus vote with your feet and get out of this silly place ASAP.
1,041 posts since
Jan 16, 2010
Rep Points: 4,753