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Saturday, November 19, 2011 - 3:12 PM
(1 stars)
Why I'm Leaving Zions - The Last Straw
Zions Bank
(1 stars)I've been frustrated for years with Zions' policy of selectively processing payments to cause as many of them to go into insufficient funds status as possible. That policy is designed to maximum the insufficient funds fees they collect from their members. Finally, a class action suit is being brought against them (just google "zions bank class action" for details). This is especially sad because the bank is owned in part by the Mormon Church.
The last straw came last week when Zions informed me by mail that my free checking account was now going to cost me $7.00 a month. They gave me one month notice, so now I'm scrambling to change my banking over to a credit union. With several automatic payments I had set up with Zions, this is not a quick task.
Anyway, be forewarned.
The last straw came last week when Zions informed me by mail that my free checking account was now going to cost me $7.00 a month. They gave me one month notice, so now I'm scrambling to change my banking over to a credit union. With several automatic payments I had set up with Zions, this is not a quick task.
Anyway, be forewarned.
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