I called my attorney today to ask about a class action or something else through the AG or congress. I have been with B of A for 10 years, personal and business; I put about 1.5 million through each year. After a month of lousy, slow paying clients I had about 10 overdrafts at $35/pop. Now they are changing the rules and holding my deposits (in state checks) for 7- 10 business days. Everyone knows that these clear within 2 days. They even held a Bank of America check from a customer for 3 days. Scam? Of course. And to think that they are taking billions of our/my tax dollars and still want the interest from my deposits when I need the $$ the most. It might put me out of business, as this month is a tough one.
Anyone who is interested in helping pursue this, email me at:
with the subject line:
Time to get our money back from the B of A greedy crooks
Seriously, it needs to be done, so drop me a line.