I'm being screwed by my bank.

[RhinoinMN]

Oracle or any bankers reading this:

I need advice. My bank has done the following 4 times in the past month. They enter my checks in the a.m. and my deposits in the p.m. B-4 2 o'clock. If my balance is negative after they enter the checks in the morning, they send an NSF fee. Even if I deposit sufficient amounts to bring the balance back to positive b-4 2 o'clock (their policy) on the same day they still send the NSF. I have told them that their policy is that if you deposit b-4 2 p.m., it it posted on the same business day. They reversed 1 NSF. The other three they politely said tough shit.

I feel like I am on the meatspin.

[Alice S. Fuzzybutt]

Time to go to another bank. Seriously. I know it can be a pain in the ass to set up a new account and change on-line payments, etc. but there's no reason to stick with a shitty bank. There's enough competition between banks that you should be able to find a better one.

[PapaBear]

It used to be, that all banks handled checks before deposits. My current bank does the deposits first, but it's the first bank I've ever had that does it. Like Fuzzy said... Shop around for a new bank.

[Bellyfullasnot]

You need a ski mask and a good wheel man.

[jauble]

See I would take care of it right here...in Brainard

[topless_mike]

what bank is it?
if you go to BoA, you can deposit your checks/cash in the atm up to 8pm for same day posting.

if not, just do your cash at the atm at nite and the checks will go through next day.

reason they do the checks first is that the money "technically" comes out of your account to cover the check until its verified and money pulled from the bank of origin. this way, if the check is bad, the money has come out of your pocket, not the banks. its a raw deal, but you'll never see that changed.

i would seriously look into BoA bidness checking, and deposit your cash at nite.

just watch out for schwoogies.

[CruelCircus]

You could also sign up for overdraft protection. It's a lot cheaper than overdraft fees.

As for your previous NSF's, I would call (or go to) the bank and ask for the manager. Calmly but firmly explain what happened. If he gives you no satisfaction, calmly ask to close all of your accounts. At this point, if you sell it well, he likely will give you your refunds. Wait for all the refunds to hit your account. Then close the accounts anyway.

[scottinnj]

Oracle or any bankers reading this:

I need advice. My bank has done the following 4 times in the past month. They enter my checks in the a.m. and my deposits in the p.m. B-4 2 o'clock. If my balance is negative after they enter the checks in the morning, they send an NSF fee. Even if I deposit sufficient amounts to bring the balance back to positive b-4 2 o'clock (their policy) on the same day they still send the NSF. I have told them that their policy is that if you deposit b-4 2 p.m., it it posted on the same business day. They reversed 1 NSF. The other three they politely said tough shit.

I feel like I am on the meatspin.

Sounds like Bank of America.

[MadMatt]

F*ck Banks - they suck a thick dick.

Find a good credit union that you can join and move your money there. I gave up on banks years ago after dealing with the same kind of crap you are - and my CU has always been top notch. Great service, very limited fees, easy online and phone account access, and they process checks at the end of the day so you can avoid overdrafting.

Most CU's operate in a similar fashion, so I suggest checking one out in your area.

[badmonkey]

http://extras.mnginteractive.com/live/media/site36/2007/0730/20070730_045846_OL01mattress_300.jpg

[RhinoinMN]

just watch out for schwoogies.

Not much of an issue. I live in Minnesota. Its cold.

[DonInNC]

I agree with MadMatt, find either a credit union or a regional bank. Big banks don't give a shit about small accounts.

[RhinoinMN]

I agree with MadMatt, find either a credit union or a regional bank. Big banks don't give a shit about small accounts.

This bank is regional. It doesn't even outreach the state. I work for my father who owns a manufacturing plant and he banks there. They know who he is and who I am and still don't give a shit. I think we are going to pull all accounts from there.

[thejives]

forget banks. forget checks.

go simple. Pay people in bags of change, and wear a rennaissance outfit when you do it. Walk up to your landlord and say "prithee m'lud, but I whist pay thou in farthings but tragedy doth befall me this quartidiem and a cans't pay ya."

Or... yeah, get a new bank.

[jauble]

forget banks. forget checks.

go simple. Pay people in bags of change, and wear a rennaissance outfit when you do it. Walk up to your landlord and say "prithee m'lud, but I whist pay thou in farthings but tragedy doth befall me this quartidiem and a cans't pay ya."

Or... yeah, get a new bank.

larping with anthony huh?

[Jujubees2]

F*ck Banks - they suck a thick dick.

Find a good credit union that you can join and move your money there. I gave up on banks years ago after dealing with the same kind of crap you are - and my CU has always been top notch. Great service, very limited fees, easy online and phone account access, and they process checks at the end of the day so you can avoid overdrafting.

Most CU's operate in a similar fashion, so I suggest checking one out in your area.

Amen brother, I've been using a credit union since 1993. Have my mortgage, checking, savings and car loans all with the CU. I got a three-year used car loan for under 5%! And the service is outstanding. I'll never go back to a bank.

[drjoek]

Im going to take the hardline approach just as a balance
Stop writng checks that do not have funds to cover them.
#1This is illegal.
#2 You are depositing funds to cover checks that were written previous to when funds were available. I assume that people are not running to the bank with your checks the day they got them so you have written checks and sent them out knowing full well that there are not funds to cover them.If youve had this happen 4 times in one month Take a look at yourself not a bank
#3 Blaming a financial institution for your own immaturity is just proving it.
#4 You are ruining your credit long term these things will come back to haunt you big time.In the form of higher rates denided loans etc. Do not understimate how important this is


Someone made the sugestion that you get overdraft protection. Great Idea to limit the damage.Speak to your father to get you a loan of a few bucks to get a minimum balance on your checking account and pretend its not there. that is, figure the balance without it or link it to a savings account for overdraft protection.

Otherwise pay everything with a debit card. No way to F that up
I know I sound like a prick but I am trying to help.

[nate1000]

You need an overdraft line of credit.

[RhinoinMN]

Im going to take the hardline approach just as a balance
Stop writng checks that do not have funds to cover them.
#1This is illegal.
#2 You are depositing funds to cover checks that were written previous to when funds were available. I assume that people are not running to the bank with your checks the day they got them so you have written checks and sent them out knowing full well that there are not funds to cover them.If youve had this happen 4 times in one month Take a look at yourself not a bank
#3 Blaming a financial institution for your own immaturity is just proving it.
#4 You are ruining your credit long term these things will come back to haunt you big time.In the form of higher rates denided loans etc. Do not understimate how important this is


Someone made the sugestion that you get overdraft protection. Great Idea to limit the damage.Speak to your father to get you a loan of a few bucks to get a minimum balance on your checking account and pretend its not there. that is, figure the balance without it or link it to a savings account for overdraft protection.

Otherwise pay everything with a debit card. No way to F that up
I know I sound like a prick but I am trying to help.

I will agree with everything that you have to say. I am willing to take blame when I have not followed the correct procedures. You do not sound like a prick.

What angers me the most is this bank does not follow their own policies. Why do they have signs that say "Deposits before 2p.m. will be posted on the same business day? In a way it encourages people to write checks the night before that do not have sufficient funds just to make a deposit before 2p.m. Granted I do not go out and buy beer and whatever the hell I want when I know that I do not have the money. It usually is for groceries. I agree that it is wrong to write checks that don't have the funds, but I don't think that I am the only one that does that.

I do need to manage my money a little better. I also need to keep my wife in the kitchen where she belongs and not at the mall. I did switch banks and got the overdraft protection (which was not available at the other bank).

95% of the time I do not write checks that do not have the funds to cover them.

Thank you for the advice and tough criticism. The lengthy explanation is only to somewhat clear myself as looking like a deadbeat which I am not. Why do I care? Because I am new here and enjoy most of your posts and value most of your opinions. I never get to the east coast and chances are I will never be able to attend an RF.net event to personally meet some of you.

[MadMatt]

I will agree with everything that you have to say. I am willing to take blame when I have not followed the correct procedures. You do not sound like a prick.

What angers me the most is this bank does not follow their own policies. Why do they have signs that say "Deposits before 2p.m. will be posted on the same business day? In a way it encourages people to write checks the night before that do not have sufficient funds just to make a deposit before 2p.m. Granted I do not go out and buy beer and whatever the hell I want when I know that I do not have the money. It usually is for groceries. I agree that it is wrong to write checks that don't have the funds, but I don't think that I am the only one that does that.

I do need to manage my money a little better. I also need to keep my wife in the kitchen where she belongs and not at the mall. I did switch banks and got the overdraft protection (which was not available at the other bank).

95% of the time I do not write checks that do not have the funds to cover them.

Thank you for the advice and tough criticism. The lengthy explanation is only to somewhat clear myself as looking like a deadbeat which I am not. Why do I care? Because I am new here and enjoy most of your posts and value most of your opinions. I never get to the east coast and chances are I will never be able to attend an RF.net event to personally meet some of you.

I am completely with you on this and have been in the same situation many times. In my experience, it is tough living hand-to-mouth and needing to time what money is going out with what money is coming in. Sometimes it is tremendously tough to do that when the baby needs food/diapers/etc. or an emergency situation pops up.

Although what drjoek posted is right, it was a little harsh IMO. There are a lot of reasons why "skin of your teeth" banking is necessary; and although being irresponsible may cover most people/situations, it by no means covers every person/situation.

That said, I will reiterate my hatred for banks. They have you over a barrel - what can you do if they fail to uphold their own policies? You can sue them, but that takes time and money that the average person doesn't have. So you are stuck taking it in the keister or switching to another bank that may screw you over.

[drjoek]

I hope my advice came out as Fatherly advice and not Harsh. If it was harsh it was meant in the spirit of supportive, as trying to help.Kinda tough love Bro. When I was in dental school I lived hand to mouth for 8 years but I did try to live the way my dad raised me and got through the tough time with out credit program.

We like you here and want to help you to what ever extent we can.

Good luck to you Rhino