Back to Bank and Credit Union Reviews
Thursday, March 31, 2011 - 7:57 PM
(1 stars)
Denied Account
Coulee Bank (1 stars)I went through all the account requirements and applied for the account online today and my application was accepted online, but later received a message saying that my account was not approved.
"Thank you for applying for our Rewards Checking Account. Coulee Bank will only accept Rewards Checking applications from those applicants residing in the states of Wisconsin, Minnesota and Iowa. Thank you for your interest in Coulee Bank", Ellen.
I am from New Jersey, but no where in the account requirements, I read about residency requirements. The online application also did not stop me from applying, I do not know why they set it up that way. Is there anything I can do about this? I feel that my credit report was unnecessarily pulled for an account that they knew were going to deny.
"Thank you for applying for our Rewards Checking Account. Coulee Bank will only accept Rewards Checking applications from those applicants residing in the states of Wisconsin, Minnesota and Iowa. Thank you for your interest in Coulee Bank", Ellen.
I am from New Jersey, but no where in the account requirements, I read about residency requirements. The online application also did not stop me from applying, I do not know why they set it up that way. Is there anything I can do about this? I feel that my credit report was unnecessarily pulled for an account that they knew were going to deny.
6
2. Friday, April 1, 2011 - 6:52 AM
Thanks for letting us know of this rejection.
Looks like Coulee has just started to restrict this account to those three states. They had been nationwide for the last three years.
They have long mentioned the state restrictions for lending, but not for the checking account. You would think they would add this state restriction on their reward checking page so that people wouldn't have to find out after they submit their application.
Looks like Coulee has just started to restrict this account to those three states. They had been nationwide for the last three years.
They have long mentioned the state restrictions for lending, but not for the checking account. You would think they would add this state restriction on their reward checking page so that people wouldn't have to find out after they submit their application.
1
Featured Accounts
Nationwide Savings Accounts