Prosperity Bancshares, INC. -- Consumer Complaint Report & Risk Analysis

Account Management and Reporting Issues Persist

Complaint Summary

Prosperity Bancshares, INC. has received 35 consumer complaints filed with the CFPB across 6 products. The most common issues reported are managing an account, problem with a lender or other company charging your account, closing an account. Complaints span 4 states, with Texas and Washington leading in complaint volume.

Company Overview

Company: Prosperity Bancshares, INC.

Total CFPB Complaints: 35

AI Risk Score: 45/100

Most Recent Complaint: 2023-05-11T12:00:00-05:00

Risk Breakdown

  • Complaint Volume: medium
  • Response Quality: fair
  • Issue Recurrence: medium
  • Consumer Harm Severity: medium

AI Company Analysis

PROSPERITY BANCSHARES, INC. has 33 consumer complaints on file with the CFPB. Company has received 8 complaints regarding account management issues. 2 complaints were related to incorrect information on consumer reports.

Response Quality Assessment

fair

Top Consumer Issues

Difficulties in managing accounts and disputes over report accuracy -- Severity: medium

Red Flags

  • Multiple complaints about account management and report accuracy suggest a recurring issue.

Green Flags

  • No significant positive developments noted in recent complaints.

Consumer Tips & Advice

Consumers should be cautious when managing accounts and disputing report inaccuracies.

Complaint Trend Analysis

There is a trend of recurring issues in account management and report accuracy, indicating a need for improvement.

Regulatory History

Regulatory history shows ongoing scrutiny of consumer reporting practices.

Industry Context

The industry context highlights the importance of accurate and timely consumer reporting and account management.

Frequently Asked Questions About Prosperity Bancshares, INC.

How many CFPB complaints does PROSPERITY BANCSHARES, INC. have?

PROSPERITY BANCSHARES, INC. has 33 complaints on file with the CFPB. The most recent complaint was filed on September 16, 2021.

What is PROSPERITY BANCSHARES, INC.'s complaint response rate?

Response rate data is not yet available for PROSPERITY BANCSHARES, INC..

Does PROSPERITY BANCSHARES, INC. respond to complaints on time?

Timely response data is not yet available for PROSPERITY BANCSHARES, INC..

Is PROSPERITY BANCSHARES, INC. safe to do business with?

Account Management and Reporting Issues Persist PROSPERITY BANCSHARES, INC. has 33 CFPB complaints. Risk score: 45/100.

What red flags exist for PROSPERITY BANCSHARES, INC.?

Potential red flags for PROSPERITY BANCSHARES, INC.: Multiple complaints about account management and report accuracy suggest a recurring issue.. These are based on analysis of CFPB complaint patterns.

What are PROSPERITY BANCSHARES, INC.'s strengths?

Positive indicators for PROSPERITY BANCSHARES, INC.: No significant positive developments noted in recent complaints..

What tips should consumers know about PROSPERITY BANCSHARES, INC.?

Consumers should be cautious when managing accounts and disputing report inaccuracies.

Are complaints against PROSPERITY BANCSHARES, INC. increasing or decreasing?

There is a trend of recurring issues in account management and report accuracy, indicating a need for improvement. PROSPERITY BANCSHARES, INC. currently has 33 total complaints.

Has PROSPERITY BANCSHARES, INC. faced regulatory action?

Regulatory history shows ongoing scrutiny of consumer reporting practices.

How does PROSPERITY BANCSHARES, INC. compare to industry peers?

The industry context highlights the importance of accurate and timely consumer reporting and account management.

What unique insight can be drawn from the complaint data?

The data suggests that PROSPERITY BANCSHARES, INC. may need to improve its systems for managing accounts and ensuring the accuracy of consumer reports, as these are the most frequently reported issues.

Recent Complaints Against Prosperity Bancshares, INC.

Complaint IDProductIssueDate ReceivedCompany ResponseState
#17964750Checking or savings accountManaging an account2025-11-29T12:00:00-05:00Texas
#17979848Credit reporting or other personal consumer reportsIncorrect information on your report2025-11-21T12:00:00-05:00Texas
#17346179Checking or savings accountManaging an account2025-11-18T12:00:00-05:00Texas
#14935706MortgageClosing on a mortgage2025-07-28T12:00:00-05:00Texas
#14912563Credit cardProblem with a purchase shown on your statement2025-07-27T12:00:00-05:00Texas
#12341377MortgageStruggling to pay mortgage2025-03-05T12:00:00-05:00Washington
#10583962Checking or savings accountProblem caused by your funds being low2024-10-24T12:00:00-05:00Texas
#10575067Checking or savings accountClosing an account2024-10-24T12:00:00-05:00Texas
#9028799Checking or savings accountClosing an account2024-05-16T12:00:00-05:00Texas
#8999535Credit cardProblem with a purchase shown on your statement2024-05-13T12:00:00-05:00Texas
#8797766Credit reporting or other personal consumer reportsIncorrect information on your report2024-04-17T12:00:00-05:00Texas
#8005096Checking or savings accountManaging an account2023-12-14T12:00:00-05:00Texas
#7282586Checking or savings accountProblem with a lender or other company charging your account2023-07-20T12:00:00-05:00Texas
#7231425Credit card or prepaid cardTrouble using your card2023-07-10T12:00:00-05:00Texas
#6967082Checking or savings accountManaging an account2023-05-11T12:00:00-05:00Texas
#6589000Checking or savings accountManaging an account2023-02-18T12:00:00-05:00Texas
#6322825Checking or savings accountManaging an account2022-12-14T12:00:00-05:00Texas
#6010345Checking or savings accountManaging an account2022-09-21T12:00:00-05:00Texas
#6008955Checking or savings accountManaging an account2022-09-21T12:00:00-05:00Texas
#5565414MortgageClosing on a mortgage2022-05-12T12:00:00-05:00Texas

Prosperity Bancshares, INC. Complaints by State

Prosperity Bancshares, INC. Complaints by Product

Prosperity Bancshares, INC. Complaints by Issue

Disclaimer

This analysis is based on CFPB complaint data and AI interpretation.

About This Report

This consumer complaint report for Prosperity Bancshares, INC. is generated by ReadTheComplaint using AI analysis of data from the CFPB.

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