Keeping me broke by charging fees for everything and amassing giant balances to the negative.
I have had an account with NSB for years to pa my bills via auto pay.
NSB started charging me little fees for everything ~ even for sending a paper statement and not doing online banking. All of this resulting in hundreds of dollars of overdraft and ISF fees. (I have to pay my mortgage and utilities before I pay fees for INF.
I do not feel that I was informed of these issues that resulted in my fees.
I'm talking about $500 one month and over $600 for june.
I tried disputing some of the fees because there were some auto pays that were supposed to not go through as per my phone calls to these individual parties.
A NSB representative suggested I dispute the items that weren't supposed to go though, which I did try to dispute and of course they found me in the wrong and citing the reason was for NSF not that the third parties weren't to try to bill to NSB, who wouldn't do anything to try to stop these things from trying to draft from my account. That is $32 each time and they allow it to happen as many times as the third party (who wasn't supposed to try to auto draft) wants to put it through.
How in the world am I supposed to pay my utilities plus all of these added fees accrued every month?
I do have accounts at another bank and I don't have these problems with them.
NSB is keeping me broke and not helping at all. They are no better than the payday loan places in my opinion.
I want my NSF fees from the items I disputed and any additional charge associated with those charges reversed.
July 29, 2013
Upon receipt of Ms. *************'s complaint, we launched a full investigation into the circumstances surrounding the claim. This response serves as a summary of our findings.
Ms. ************* held account number ending in 2823 with Nevada State Bank.
On May 2, 2013, the ending balance in the account was $9.16. Beginning on May 6, 2013 transactions processed to the account which brought the account to an overdrawn status and the account remained in an overdrawn status until July 5, 2013 when the account was charged off and closed. In total, fourteen- (14) transactions totaling $754.28 posted to the account against insufficient funds. Nevada State Bank charges an Insufficient Funds (NSF) fee in the amount of $32.00 per item, for up to five items the business day after the items post against insufficient funds, and a daily Overdraft (OD) fee in the amount of $8.00 is charged to the account beginning the 5th day of the overdraft. Between May 7, 2013 and June 5, 2013, Insufficient Funds fees totaling $416.00 and Overdraft fees totaling $176.00 were assessed to the account. The fees were charged correctly and in accordance with our Depositor Account Disclosure.
On May 7, 2013, the branch contacted Ms. ************* to inform her the account was overdrawn and she stated that she would make a deposit that day, which did not occur. The branch attempted to contact the client on May 10 and May 14, and left a message both times. On May 17, 2013, the client was contacted again and stated that she would make a deposit the first week of June which did not occur.
On June 20, 2013, Ms. ************* filed a Written Statement of Unauthorized Debit for several of the items stating that she had revoked the authorization for the items or that the company had charged her account prior to the contracted date; however since the items had been returned NSF we were unable to formally dispute the items. Additionally, Ms. ************* did not provide any proof to the bank that authorization had been revoked prior to the items posting, or that they had posted early. Typically, fees are not reversed unless the claim is honored or we have reason to believe that unauthorized activity occurred.
On July 5, 2013, Ms. *************'s account was charged off and closed and forwarded to Outsource, a third party collection agency. As of July 29, 2013, the current balance owing is $640.53. After review of the circumstances surrounding this claim, a fee refund will not be granted. We encourage Ms. ************* to contact Outsource directly at XXX-XXX-XXXX to make payment arrangements.
AVP, Client Relations Officer II
Nevada State Bank
Final Consumer Response
(The consumer indicated he/she DID NOT accept the response from the business.)
The businesses that I contacted to revoke debit never gave me proof that the conversations occurred and in some cases they weren't permitted to debit my account in the first place: debiting my NSB account was the the very last option for some and they debited my account even though they had other funds available to them.
NSB allowed these debits to occur which made my negative balance even larger. I could not close the account because the banks policy doesn't allow accounts in the negative balance to be closed.
I feel this policy puts the consumer between a rock and a hard place by allowing third party businesses to debit from the account regardless.
The bank tells me I have to contact the third party to stop the transactions. The third party tells me they will stop the transaction but doesn't. The bank then tells me there's nothing they can do about it and allows the transactions to occur, which accrues more fees.
Regarding the deposits they say I said I would make - do THEY have proof that I said I would make these deposits? What would the consumer who is going through an economic hardship do in this case - pay their utilities and mortgage or pay the bank their fees only tho have MORE fees accrue because you don't have the full balance to pay off and the third party who said they wouldn't debit your account does so anyway?