Stop Bank Abuse
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Author Topic: Excessive Fees for Small Business Account Holders  (Read 754 times)
booshelly
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« on: January 28, 2009, 11:45:27 AM »

I am outraged at the excessive fees that Wells Fargo has been charging my business for the past ten years! I don't understand how a bank can get away with charging $35.00 for NSF fees on at least 8 to 10 transactions all at one time when there wasn't even enough money to cover one of these checks. Then they pay the companies and take it out of my account later. I don't even have overdraft protection! That is like charging me for something I am paying for anyway! But my biggest issue with them is that they charge me an $8.00 cash deposit fee when I make cash deposits and then hold that cash deposit for three business days. I thought cash deposits should be immediately available to withdraw since it obviously isn't questionable like a check may be. Since reading the stopbankabuse.com info I am closing out my business account with Wells Fargo, especially now that they have merged with Wachovia and looking for a small business-friendly bank.
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