Blue Foundry Bank Reviews

Average Rating:
Based on 7 review
s


5 star:
(2)
4 star:
(1)
3 star:
(1)
2 star:
(0)
1 star:
(3)

Terrific Service

At the Union Avenue Rutherford branch, Branch Manager Michael Fox is a great credit to this bank...He helped me navigate my situation at a very difficult time, and couldn't have been more helpful or caring...Everyone in the branch that I deal with is friendly, knowledgeable and caring...What 'Community Banking' should be about..Highly recommended!

Exorbitant Fee To Close An IRA CD1

Posted by: |

I had a 3-yr. IRA CD which was maturing. I came upon the reviews about charging $50 to close an IRA CD. Over the years I have transferred many, many IRA accounts in order to obtain the best rates.

I went home and carefully read my June 2019 Agreement and nowhere was there anything about a fee to close an IRA CD.

The next morning I contacted the bank's customer service and explained the situation and felt that I should be "grandfathered" since a fee was instituted way after I opened the account in 2019.
Later that day I received a call from the Asst. Manager stating that the fee would not be waived.

I'm putting this out there so that others will not be held hostage as I feel I was.

Do Not Bank Here

Posted by: |

do not bank here I closed an IRA and they charge a fifty dollar fee to close an account no way does it cost fifty dollars to close any account will never recommend bank to anyone who ask me

The financial institution, product, and APY (Annual Percentage Yield) data displayed on this website is gathered from various sources and may not reflect all of the offers available in your region. Although we strive to provide the most accurate data possible, we cannot guarantee its accuracy. The content displayed is for general information purposes only; always verify account details and availability with the financial institution before opening an account. Contact [email protected] to report inaccurate info or to request offers be included in this website. We are not affiliated with the financial institutions included in this website.