Webster Bank — predatory fees
In a nut shell. Charged $470.00 in fees---- $185.00 for less than $17.00 in charges, $148.00 for less than $66.00 and $37.00 for $78.00 in charges. The thing about it is if they paid the lower charges first, I would have only had to pay $74.00. A tax warrant was executed and my bank account wiped out so they charged me $100.00 for that and took out $98.00 for the tax warrant. I have been a long time customer and they are holding the tax money for 15 days before giving it to the city. All they had to do was e-mail me telling me of the situation, and giving me 3-5 days to fund that situation. With computers the way they are, there is no way it is that labor intensive to charge me a total of $470.00 ( while the taxes paid were $98.00, who made the better of that deal?) It is not fair to the customers who made that bank what it is. I had more than enough in that account to cover any charges made, but they manipulated the numbers to maximize their gain. I deposit money in that account on a weekly basis and they know I would certainly have funded this. I was told by one of their reps that I did not qualify for any waiver and they have no obligation to give me a heads up. Nice huh? Where is the humanity and how far does it have to go before they are stopped? Contact me if I can add anything more to this.