Date Received: 2015-07-21
Issue: Problems caused by my funds being low
Subissue:
Consumer Complaint: in XX/XX/XXXX I received a letter from regions bank which stated I had a certain amount of time to elect overdraft coverage. I assumed by not responding I would not have to do anything further since I did not want that coverage. In early XX/XX/XXXX my account was short by about XXXX dollars which snowballed into over XXXX dollars in overdraft fees. When I discussed this with a bank rep I was informed that I was automatically enrolled because I did not respond to the letter. I learned that regions was fined for this practice but is continuing to engage in this activity.
Company Response: Company chooses not to provide a public response
State: FL
Zip: 34491
Submitted Via: Web
Date Sent: 2015-07-21
Company Response to Consumer: Closed with monetary relief
Timely Response: Yes
Consumer Disputed: No
Date Received: 2015-07-20
Issue: Loan servicing, payments, escrow account
Subissue:
Consumer Complaint: Regions Bank has reported we paid are Home Equity line late XXXX times in the last XXXX months. They said they only show that they reported XXXX times that we were late and they agreed to remove XXXX of them. It has not been removed, we have had nothing but problems with them and have moved are personal banking from them some time ago. We paid off the line due to the fact we had a house fire at the home and are looking to rebuild. Of course Regions is causing another problem. I would just like the problem brought to a close in a timely manner and i know without the help from the CFPB it will not be brought to a close.
Company Response: Company chooses not to provide a public response
State: IL
Zip: 622XX
Submitted Via: Web
Date Sent: 2015-07-22
Company Response to Consumer: Closed with explanation
Timely Response: Yes
Consumer Disputed: No
Date Received: 2015-07-14
Issue: Problems caused by my funds being low
Subissue:
Consumer Complaint: I have been a loyal customer of Regions Bank for several years. Never have I overdrafted my account. A week ago I noticed that my account had overdrafted. I immediately went to the bank to pay off what I had gone over. To my shock, I had been charged over {$800.00} in overdraft fees, which is more than the amount I had even gone over. After calling, emailing and visiting a branch SEVERAL times over the course of one week, I have gotten nowhere. Not only that but the person I spoke to on the phone with customer service was extremely rude and even laughed at me. Having never overdrafted on my account and immediately replenishing the account, I believe these $ XXXX in fees is unethical and abusive. I repeatedly asked the bank to freeze my account so that if anything else comes in, it just needs to be declined. They failed to do so as well.
Company Response: Company chooses not to provide a public response
State: FL
Zip: 328XX
Submitted Via: Web
Date Sent: 2015-07-14
Company Response to Consumer: Closed with explanation
Timely Response: Yes
Consumer Disputed: Yes
Date Received: 2015-07-13
Issue: Using a debit or ATM card
Subissue:
Consumer Complaint: I have been a customer with Regions Bank since XX/XX/XXXX. I opened this check account in XX/XX/XXXX. On XXXX XXXX, XXXX my checking account was debited XXXX times for {$190.00} for XXXX XXXX XXXX purchases. I noticed these charges on XX/XX/XXXX and immediately went into a Regions XXXX on XXXX XXXX and filed affidavit charges. They explained to me the charges could take 7-10 days before they are reimbursed. I let them know at that point I had been a customer since XX/XX/XXXX. There were also charges pending for {$180.00} XXXX times from a company called XXXX, and a {$60.00} charge from the same company. I filed a second affidavit XX/XX/XXXX for XXXX charge of {$180.00} that had cleared overnight. I went back to the bank and withdrew my remaining funds before the crooks continued to clear out the rest of my money. I was told at that point that I did not need to fill out a XXXX affidavit for the remaining charges. On this day XXXX XXXX, XXXX I have still not been refunded for all the fraudulent charges. I have notified the police in my city and have a case number.
Company Response: Company chooses not to provide a public response
State: MS
Zip: XXXXX
Submitted Via: Web
Date Sent: 2015-07-13
Company Response to Consumer: Closed with monetary relief
Timely Response: Yes
Consumer Disputed: No
Date Received: 2015-07-13
Issue: Unauthorized transactions/trans. issues
Subissue:
Consumer Complaint: I purchased XXXX Regions Now cards and they were stolen and before I could report them stolen the thieves used up almost {$5800.00} of the {$9000.00} available. Regions has video footage of XXXX of these perps at XXXX of their ATMs in a hoodie and mask and it it quite evident he is of another race than I but Regions refuses to refund any of my loss.
Company Response: Company chooses not to provide a public response
State: LA
Zip: 707XX
Submitted Via: Web
Date Sent: 2015-07-17
Company Response to Consumer: Closed with explanation
Timely Response: Yes
Consumer Disputed: Yes
Date Received: 2015-07-12
Issue: Managing the loan or lease
Subissue:
Consumer Complaint: XX/XX/XXXX, my stepson, had started a new job. It was a good one, and it seemed that his life was starting to take a positive turn. My wife asked to help him with the purchase of more reliable transportation. We wound up purchasing a new Ford Focus through a dealership near XXXX, TX. I assumed that it would be reliable, and that he would have pride of ownership. I put in a {$2000.00} down payment and agreed to cosign the loan ( Regions # XXXX ). My Father had done the same for me when I graduated from college and I appreciated his assistance. The intent being that my stepson would handle the car payments, insurance, and operating costs. This all went smoothly for a year, until in XX/XX/XXXX, he was released from his employment. Although constantly reminded of his responsibility, he demonstrated minimal motivation for making the car and insurance payments. XX/XX/XXXX, payments began to falter. Being the only one who would respond to Regions calls about the delinquency, I had a number of conversations with your representatives to discuss possible resolutions. I did not see making the payments myself as a long term solution to the problem. I was able to buy a bit of time with the deferment of a couple of payments to the end of the loan with the hope that my stepson would make the payments as required.
Company Response: Company chooses not to provide a public response
State: TX
Zip: 75087
Submitted Via: Web
Date Sent: 2015-07-13
Company Response to Consumer: Closed with explanation
Timely Response: Yes
Consumer Disputed: No
Date Received: 2015-07-12
Issue: Credit decision / Underwriting
Subissue:
Consumer Complaint: I signed a mortgage contract with XXXX XXXX XXXX on XXXX XXXX, 2002. Thirteen years later, I discovered mortgage fraud within the Promissory Note although XXXX XXXX XXXX had sold the mortgage to REGIONS BANK, As a result, REGIONS BANK participated in lack of transparency through illegal book keeping entries and propriety trading and bundling mortgages into Special Purpose Vehicle trusts as Collateral Debt Obligations on XXXX XXXX. This fraudulent activity is known as " securitization '', where the mortgage was already paid upon the receipt of the alleged borrower 's signature. Evidence of this fraud is attached copies of the Promissory Note. Notice how Copy A ( which the Defendant first signed ) lacks the signature of a bank representative. However, a close examination indicates the fact that a bank representative of XXXX XXXX XXXX had unlawfully endorsed the Copy B of the promissory note as a check with the " Pay to the Order '' stamp on it not only after I had signed it, but had did so without my knowledge thereof whatsoever and then REGIONS BANK sent a copy of it during the foreclosure proceedings. As a result, the promissory note was reported to the United States Treasury and Federal Reserve Bank as an asset ( See Exhibits ). These banks have not reported any of this transaction to the INTERNAL REVENUE SERVICE. This is an act of fraud, extortion, racketeering and tax evasion.
Company Response: Company chooses not to provide a public response
State: IL
Zip: 60411
Submitted Via: Web
Date Sent: 2015-07-17
Company Response to Consumer: Closed with explanation
Timely Response: Yes
Consumer Disputed: No
Date Received: 2015-07-10
Issue: Problems caused by my funds being low
Subissue:
Consumer Complaint: I 've been a customer of Regions bank since 2008 when my mother and I set up an account before I went off to college. Initially when the account was created, we made it very clear that we did not want my account to be overdrawn due to insufficient funds. At XXXX years old I was financially irresponsible and did n't want to risk being penalized a ton of NSF fees so we wanted the debit card to " decline '' rather than continuing with the transaction and earning a fee. Due to recurring NSF fee charges on countless occasions, I 've been to Regions Bank multiple times to reiterate that I did not want the " overdraft protection '' yet I was still being charged NSF fees when I specifically stated that wanted the card to decline. 2 months ago I visited a local Regions Bank concerning the issue and it was finally resolved with the click of button their computer. I 've been wrongfully charged NSF fees for the past 7 years and I should be compensated for those charges.
Company Response: Company chooses not to provide a public response
State: AL
Zip: 36109
Submitted Via: Web
Date Sent: 2015-07-10
Company Response to Consumer: Closed with explanation
Timely Response: Yes
Consumer Disputed: No
Date Received: 2015-07-06
Issue: Deposits and withdrawals
Subissue:
Consumer Complaint: I have a checking account with Regions Bank. I have an XXXX XXXX XXXX. I authorized XXXX XXXX to make automatic withdrawals from my checking to pay the amount due on my XXXX XXXX XXXX. At the end of XXXX, I ran short on funds and called XXXX XXXX to stop the automatic withdrawal. They said that it was too late, that I had to notify them more than 2 days before the date scheduled for the withdrawal. They said that I would have to call the bank and tell them to deny the payment. This was on a Friday afternoon. I called the bank and was told that they would honor it because I had an {$800.00} overdraft allowance. I asked them to remove that allowance which they did and to deny payment of the funds. However, on that Friday night they processed the request from XXXX XXXX and withdrew the money from my account even though I had no overdraft protection. The charge showed on my account as pending but the funds had been removed from the account leaving me with a negative balance and no access to funds. Upon seeing this on Monday morning, I called the bank and was told that they would not actually process this payment until Tues. night at which time the money would be returned to my account. They also said I would have to pay a {$36.00} charge for insufficient funds. So the bank had the use of my money for Sat., Sun., Mon. and Tues. and I paid {$36.00} for them to use my money and I had no money with which to buy food and gas. I got through that. However, now it is a week later and XXXX XXXX has run the charge through again and I am denied the use of my money while again the bank has the use of it for investing in the overnight market and once again I will pay {$36.00} for them to have the privilege of making money off of my money. How can the bank do this when I stopped the overdraft coverage? Also, if I were trying to spend money that was n't in my account, the bank would deny the charge immediately. Why, then, should n't they deny the XXXX XXXX charge immediately, especially the second time when I had notified them a week before not to honor that charge. In reality, the bank knew after midnight on Thursday that they had received the draft from XXXX XXXX. On Friday it showed as pending but not deducted from my account. Then Friday at midnight they deducted it with no intention of paying it to XXXX XXXX until Tues. at midnight. XXXX XXXX should be as mad as I am because, if I had had the money, then it would have been XXXX XXXX ' money that the bank was using for 4 days. In this age of computers and international markets, there is no excuse for this. But for me it was a much more serious threat. I am retired and on a fixed income and while the bank is using my money, I can not even buy food. Since I am single and like to eat fresh food, I do not buy large quantities of food at a time because it will go bad before I eat it. So for Sat., Sun., Mon. and Tues., I had very little food. Now I am in the same situation this week. I do keep some canned foods and snacks in case of a hurricane so that is what I did and will eat but for some there may be no food. I would like something done to stop the bank from denying me access to funds they have no intention of paying out ever, and, for that matter to stop denying me the use of funds that they are not going to pay for 4 days. As an aside, in the world we live in today, weekends should count as business days because world markets are open.
Company Response: Company chooses not to provide a public response
State: AL
Zip: 366XX
Submitted Via: Web
Date Sent: 2015-07-06
Company Response to Consumer: Closed with monetary relief
Timely Response: Yes
Consumer Disputed: No
Date Received: 2015-07-02
Issue: Application, originator, mortgage broker
Subissue:
Consumer Complaint: We began dealing with Regions mortgage lender, XXXX XXXX, on XXXX XXXX. We are first time home buyers and have had a terrible experience with our lender. She has told us on several different occasions in emails that she was going to overnight us sensitive material and eventually emailed the information for us to sign and scan back to her through email. She never explained any of the information we signed. We had to order our own home inspection because she kept telling us she would and never did. We signed documents that state our home was built XX/XX/XXXX, which it was built XX/XX/XXXX. We have been told it is our insurance company who she is waiting on to be able to order a closing date and when we contacted the insurance XXXX was told he too was waiting on a closing date. We confronted our lender and was told the closing date is taking so much time because we did not submit an employment letter until XXXX XXXX and again on XXXX XXXX. We have asked our lender to be honest with us and to communicate effectively with by keeping us informed about the loan process. We have contacted her supervisor, XXXX XXXX, who inquired about the loan process and was unsuccessful at getting a remedy for our problem. The home inspection was completed on XXXX XXXX and the lender did not have the appraisal ordered until XXXX XXXX. The appraisal was completed on XXXX XXXX and submitted his report on XXXX XXXX. We continue to wait on a closing date. We were never spoken to about the rate our loan would be nor the monthly payment. We have contacted the lending supervisor on XXXX occasions and the XXXX time she did not call us back after we explained to her about the lack of communication with our lender. We began this process on XXXX XXXX and it has been a nightmare. We have been told the lender was waiting on a FHA loan number and several other excuses for her lack of communication with us. We can not express to you how tired we are of dealing with Regions and feel our hands are tied because we want to close on our new home and it will take even longer to close if we use another lender. Our credit scores are XXXX and above. Please help us resolve our problem and prevent this problem from occurring in the future. We just want to close on our home.
Company Response: Company chooses not to provide a public response
State: AL
Zip: 35007
Submitted Via: Web
Date Sent: 2015-07-02
Company Response to Consumer: Closed with explanation
Timely Response: Yes
Consumer Disputed: No