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Monday, July 9, 2012 - 11:03 PM
(1 stars)
Obscene IRA Charges
OneWest Bank
(1 stars)First, they charge $30.00 a Year "maintenance" Fee on an IRA CD.
Then they charge $25.oo to give you your money back when the IRA CD matures
and on top of that they charge an additional $13.11 "Premature Distribution Charge" on a ""Matured ""$5000.00 IRA CD if
you are under 65 years of age when you roll the """Matured""" Funds over to another institution.
I wonder if this "Premature Distribution Charge" is legal?
My Rating: Minus 5 Stars
N E V E R A G A I N !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Then they charge $25.oo to give you your money back when the IRA CD matures
and on top of that they charge an additional $13.11 "Premature Distribution Charge" on a ""Matured ""$5000.00 IRA CD if
you are under 65 years of age when you roll the """Matured""" Funds over to another institution.
I wonder if this "Premature Distribution Charge" is legal?
My Rating: Minus 5 Stars
N E V E R A G A I N !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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