new one

Lewisberry, PA

#42 Oct 11, 2009
i tried to deposit CASH into an account that i had the account number to but was not on the account Bank of America would not accept it because i didnt have my drivers liesence with me.... they said it was for fraud reasons. what kid of fraut is giving someone money....
lol

Cicero, NY

#44 Oct 11, 2009
M and T is a crock of shit.
Veteran

Silver Spring, MD

#45 Oct 13, 2009
M & T made a mistake - when I lost my debit card and they sent me the wrong one, causing over $800.00 in overdraft fees to an account that only had one deposit of $123.00 per month in there for the last 30 years. When we caught the mistake, they admitted they had made it and then only refunded part of the fees, and told us not to ever expect this again - they don't do this. I have never encountered such an arrogant bank
ionceherd

East Syracuse, NY

#46 Oct 13, 2009
thanks for these posts..
i almost responded to a FREE Account IN MY MAILBOX..
sounds like its really FREE.
Bankers

Fishers, NY

#47 Oct 13, 2009
Big shot bankers get rich off the middle class' sweat and blood. they are evil
wunderbar

East Syracuse, NY

#49 Oct 13, 2009
BANKERS
is that from the socialist workers website or is it from something here since 1970 ??
just wondering.
seen anything since Sociolilogy 2010 at H cripple cc \??
i might still have ny ZZ shirts from when i served in DUITCHLAND in 1970.. mien frieund uber alles.
No Doubt

Cicero, NY

#50 Oct 13, 2009
First source credit union, member 10 years, never a problem. No extraneous fees ,have overdraft protection and good interest rates ..oh and friendly
Now there's a concept..!!

Since: Jan 09

Location hidden

#51 Oct 15, 2009
wunderbar wrote:
BANKERS
is that from the socialist workers website or is it from something here since 1970 ??
just wondering.
seen anything since Sociolilogy 2010 at H cripple cc \??
i might still have ny ZZ shirts from when i served in DUITCHLAND in 1970.. mien frieund uber alles.
Ah, that's Deutchland pal.
Outraged

Buffalo, NY

#52 Oct 17, 2009
Once again the Bank shuffles the deck. I am so fed up with playing poker with the banks. I have 2 checking accounts, a mortgage, and savings account with M&T. A customer for over 20 years. Over the long weekend my wifes account had 4 transactions. 2 Were ATM $20.00 withdraws. one was a $4.06 purchase.(You can see were I am going with this one.) When the 4th transaction took place it was a direct payment from a life insurance policy. Each time the computer showed a Balance. Everything was covered. However, after the weekend and M&T shuffles the transactions they made it so all the transactions were insufficient fund transactions.$37.00 each one. I am being charged $148.00 for $66.50 in purchases. Leaving the Transactions alone there would have been an overdraft of $4.06 and a fee of $37.00. This alone is crazy however by listing the largest first makes all over drafted. Even though the largest happened Monday on the Holiday. We live in a computer age they certainly could give you real time on your money.

Since: Jan 09

Location hidden

#53 Oct 17, 2009
Why do you all seem to think that the bank chooses when each transaction goes through? Couldn't the merchant be to blame as well? Or, you could just watch your money closer.

Since: Jul 08

Location hidden

#54 Oct 17, 2009
ya, i love these people that keep 20 bucks in there checking account, deposit a 10 dollar check, and then get pissed at the bank because they have insufficient funds when they write a check for 35 bucks. the number one rule with a checking account is, "if you don't have enough money to write a check, you're a loser". rule number two is, "if you want access to your money immediatly, keep it in your pocket".
Reasonable

Cicero, NY

#56 Oct 21, 2009
Aren't your hands always in your pockets whether there is money or not?
former employee

Lancaster, NY

#57 Feb 11, 2010
disgusted2 wrote:
After reading these post, I checked my statement. I also found crazy fees.
So i just ended my eployment at m&t so i am unabashedly bitter .(for being late due to their poor outdated system and someone turning off the heat to myself in upstate new york). That being said, to understand the banks funds availability you would almost need to take a college course on the subject. There refusal to adjust their systems to one that appears to be calculated. That is as someone said before that the system is based upon a time where customers kept check registries. A gas station or a hotel that puts a hold on your account would need to essentially fax almost ten pieces of information to get a fee off your account. What person at any buisssness has that time and are willing to pay for the fees that shouldnt have been assesed in the first place. They give you the excuses about the system but in reality the bank has the money to update them. They do not because they profit from it. Essentially, their making profits while other banks do not because of one they do not lend unless your credit score is perfect and two because their fee set up attacks those they do not carry a constant balance in a way that appear to be less harsh then their larger competitors. Although there are exception to the rule, one that may not have the mental sophistication to understand the bizarre posting orders and funds avaiability is almost defintaley not going to be carrying a large enough balance to not be threatened of hitting zero. If you have money and a mortage with m&t then its not the worse bank to be with, but if you are struggling pay check to pay check than you certainly make up a large enough fraction of their profit margin to be suspicious
Resident

Long Eddy, NY

#58 Feb 12, 2010
Maybe a senior citizen has a budget and having 80 dollars in their account is all they have until they recieve their social security check,so dont judge people its not cool!
TiredofPayingFee s

West Leyden, NY

#59 Apr 10, 2010
Last week I got a letter from M&T Bank that starting May 1 they are going to charge a bunch of fees on the "free" checking accounts, such as charging 75cents for each transaction over 50 or 75 transactions (I forgot which it is), and 16 cents for each $100 if you deposit more than $5000 per month into your account. Did anyone else get this letter? What do you think about it? I am going to find out what other types of accounts I can switch to, or what other bank I can use that doesn't charge these ridiculous new "cash management fees".
Cochecton

United States

#60 Apr 10, 2010
As if you ever have money in your account for longer than it takes you to drive to an ATM then a crackhouse to spend your SSDI money.
drh

Elkridge, MD

#61 Jul 7, 2010
Am on hold right now with a customer service rep who is trying to answer a basic question. Perhaps someone out there can...

I gave a check to a man who just did reparis on my house. He took it to my local bank to get it cashed. After confirming I had funds to cover it, asking him to submit his fingerprints, and asking for a photo ID they had the nerve to try to charge him $5 because he was not a customer. They said it was a "processing" fee.

I wound up getting in my car, meeting him at the bank and pulling out money to pay him in cash so he would not be harassed by my bank.

My question is this... What is covered in the "processing" fee? What work actually had to be done? He was at MY OWN BANK drawing out money that the bank could PROVE was there! It did not even involve another bank!

Needless to say, the customer service representative COULD NOT ANSWER. I am still waiting (it's been 10 minutes) for someone who might know.

You know what? In my opinion the FEE is for NOTHING because NOTHING has to be done! It's just another way for the bank to make endless profits on the very people who BAILED THEM OUT! No wonder no one has a straight answer!

At this point the bank is harassing me more than guy I wrote the check to, because I'm the one who had to drive down to the bank and take out cash!

Oh wait, the customer service rep just came on and a supervisor clarified it for me. It's not a processing fee, it's a SERVICE fee. To which i said what more "service" did you have to give me (that you did not charge a fee for) than him (who you did try to charge a fee for)! It was simply a matter of taking the money out of my account! LET'S CALL IT WHAT IT IS... A punishment fee!
Employee

West Leyden, NY

#62 Jul 7, 2010
drh wrote:
Am on hold right now with a customer service rep who is trying to answer a basic question. Perhaps someone out there can...
I gave a check to a man who just did reparis on my house. He took it to my local bank to get it cashed. After confirming I had funds to cover it, asking him to submit his fingerprints, and asking for a photo ID they had the nerve to try to charge him $5 because he was not a customer. They said it was a "processing" fee.
I wound up getting in my car, meeting him at the bank and pulling out money to pay him in cash so he would not be harassed by my bank.
My question is this... What is covered in the "processing" fee? What work actually had to be done? He was at MY OWN BANK drawing out money that the bank could PROVE was there! It did not even involve another bank!
Needless to say, the customer service representative COULD NOT ANSWER. I am still waiting (it's been 10 minutes) for someone who might know.
You know what? In my opinion the FEE is for NOTHING because NOTHING has to be done! It's just another way for the bank to make endless profits on the very people who BAILED THEM OUT! No wonder no one has a straight answer!
At this point the bank is harassing me more than guy I wrote the check to, because I'm the one who had to drive down to the bank and take out cash!
Oh wait, the customer service rep just came on and a supervisor clarified it for me. It's not a processing fee, it's a SERVICE fee. To which i said what more "service" did you have to give me (that you did not charge a fee for) than him (who you did try to charge a fee for)! It was simply a matter of taking the money out of my account! LET'S CALL IT WHAT IT IS... A punishment fee!
The five dollar fee for non customers to cash checks had been in effect since 1/7/2010. You should have received information in the mail on this matter. The main reason for this fee is to get non customers to become customers. Here is away to get around this, instead of writing one check, make out a couple checks all under $60.00 They cant charge the fee for checks under that amount. You may go through checks faster but you wont have to go to the bank. If there is that big of a problem then they should just cash it at there bank and wait the 1 to 3 days for it to clear. Another thing, almost all banks have applied a service charge.
Do Your Homework

Gilboa, NY

#63 Jul 8, 2010
It's just another way for the bank to make endless profits on the very people who BAILED THEM OUT!????

Ummm...M&T has not recevied any "bail out." This may be hard for you to swallow since you know everything... The fact that you are wasting your time harassing bank employees regarding a small $5 fee who do not make these decisions says just what kind of bully you are.

And here's some advice, when you hire a contractor, you should be making the check out to their "business name" thus making it necessary for them to deposit the check to their business account.(This is a Federal Regulation avoiding your "contractor" to earn unreportable income...) Any LEGITAMATE contractor has a business name AND bank account enabling them to conduct their banking without the drama.

It is unprofessional the "contractor" had to contact you regarding his inability to produce the necessary items for the check cashing. That would be a drivers license & credit card. 2 things all contractors should have, not unusual items. Or perhaps they couldn't spare the $5. That would be the price they pay for either not having a bank account or having one without any funds thus causing that bank to hold the check for 1-2 days.

I suppose when you are unscrupulous, you hire someone unscrupulous and you don't like that that you THINK the bank is, well, uscrupulous.

I see a pattern here....
geez

Oriskany Falls, NY

#64 Jul 8, 2010
ppl! Don't use the bigger banks! i worked for B of A for 8 years. PPL like Do Your Homework are trained VERY well on how to make it your fault and not the banks. I bet DO can recite almost anything about banking. Just ask him/her.

M & T's fees are as bad as B of A's fees. Now they are making up new fees to charge us because the FEDS said they have to stop charging exorbitant OD fees!! They got away with THAT for years, I wonder how long these service fees to use your own damn money is gonna last?

Go with Credit unions! Really, or a smaller independant bank if you can find one that B of A hasnt bought up yet.

Who owns M & T? Do your homework do you know?

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