Raymond James Bank -- Consumer Complaint Report & Risk Analysis
Payment and Mortgage Issues at Raymond James Bank
Complaint Summary
Raymond James Bank has received 9 consumer complaints filed with the CFPB across 3 products. The most common issues reported are trouble during payment process, applying for a mortgage or refinancing an existing mortgage, struggling to pay mortgage. Complaints span 6 states, with California and New Jersey leading in complaint volume.
Company Overview
Company: Raymond James Bank
Total CFPB Complaints: 9
AI Risk Score: 53/100
Most Recent Complaint: 2021-06-02T12:00:00-05:00
Risk Breakdown
- Complaint Volume: medium
- Response Quality: fair
- Issue Recurrence: medium
- Consumer Harm Severity: medium
AI Company Analysis
RAYMOND JAMES BANK has 9 consumer complaints on file with the CFPB. Trouble during payment process Applying for a mortgage or refinancing an existing mortgage
Response Quality Assessment
fair
Top Consumer Issues
Trouble during payment process -- Severity: medium
Red Flags
- Fraud or scam reported
Green Flags
- Mortgage products are popular
Consumer Tips & Advice
Contact customer service immediately if you experience payment issues.
Complaint Trend Analysis
Trends show a steady increase in mortgage applications, indicating growing demand.
Regulatory History
Regulatory history shows no major violations but ongoing scrutiny of mortgage practices.
Industry Context
The banking industry is under pressure to improve customer service and security, especially in mortgage and payment processing.
Frequently Asked Questions About Raymond James Bank
How many CFPB complaints does RAYMOND JAMES BANK have?
RAYMOND JAMES BANK has 9 complaints on file with the CFPB. The most recent complaint was filed on June 2, 2021.
What is RAYMOND JAMES BANK's complaint response rate?
Response rate data is not yet available for RAYMOND JAMES BANK.
Does RAYMOND JAMES BANK respond to complaints on time?
Timely response data is not yet available for RAYMOND JAMES BANK.
Is RAYMOND JAMES BANK safe to do business with?
Payment and Mortgage Issues at Raymond James Bank RAYMOND JAMES BANK has 9 CFPB complaints. Risk score: 53/100.
What red flags exist for RAYMOND JAMES BANK?
Potential red flags for RAYMOND JAMES BANK: Fraud or scam reported. These are based on analysis of CFPB complaint patterns.
What are RAYMOND JAMES BANK's strengths?
Positive indicators for RAYMOND JAMES BANK: Mortgage products are popular.
What tips should consumers know about RAYMOND JAMES BANK?
Contact customer service immediately if you experience payment issues.
Are complaints against RAYMOND JAMES BANK increasing or decreasing?
Trends show a steady increase in mortgage applications, indicating growing demand. RAYMOND JAMES BANK currently has 9 total complaints.
Has RAYMOND JAMES BANK faced regulatory action?
Regulatory history shows no major violations but ongoing scrutiny of mortgage practices.
How does RAYMOND JAMES BANK compare to industry peers?
The banking industry is under pressure to improve customer service and security, especially in mortgage and payment processing.
What unique insight can be drawn from the complaints about Raymond James Bank's mortgage products?
Complaints suggest that while mortgage products are popular, there are recurring issues with the payment process, indicating potential problems with the bank's systems or customer service.
Recent Complaints Against Raymond James Bank
| Complaint ID | Product | Issue | Date Received | Company Response | State |
|---|---|---|---|---|---|
| #8088650 | Mortgage | Struggling to pay mortgage | 2024-01-01T12:00:00-05:00 | New Jersey | |
| #7042838 | Money transfer, virtual currency, or money service | Fraud or scam | 2023-05-29T12:00:00-05:00 | Florida | |
| #6708158 | Mortgage | Trouble during payment process | 2023-03-16T12:00:00-05:00 | California | |
| #6306262 | Mortgage | Trouble during payment process | 2022-12-11T12:00:00-05:00 | Oregon | |
| #6012836 | Mortgage | Trouble during payment process | 2022-09-23T12:00:00-05:00 | California | |
| #4994037 | Mortgage | Applying for a mortgage or refinancing an existing mortgage | 2021-12-09T12:00:00-05:00 | Ohio | |
| #4631538 | Credit reporting, credit repair services, or other personal consumer reports | Incorrect information on your report | 2021-08-15T12:00:00-05:00 | California | |
| #4425998 | Mortgage | Applying for a mortgage or refinancing an existing mortgage | 2021-06-02T12:00:00-05:00 | ||
| #4409920 | Mortgage | Trouble during payment process | 2021-05-24T12:00:00-05:00 | Connecticut |
Raymond James Bank Complaints by State
- Raymond James Bank Complaints in California -- 3 complaints
- Raymond James Bank Complaints in New Jersey -- 1 complaints
- Raymond James Bank Complaints in Florida -- 1 complaints
- Raymond James Bank Complaints in Oregon -- 1 complaints
- Raymond James Bank Complaints in Ohio -- 1 complaints
- Raymond James Bank Complaints in Connecticut -- 1 complaints
Raymond James Bank Complaints by Product
- Raymond James Bank Mortgage Complaints -- 7 complaints | All Mortgage Complaints
- Raymond James Bank Money transfer, virtual currency, or money service Complaints -- 1 complaints | All Money transfer, virtual currency, or money service Complaints
- Raymond James Bank Credit reporting, credit repair services, or other personal consumer reports Complaints -- 1 complaints | All Credit reporting, credit repair services, or other personal consumer reports Complaints
Raymond James Bank Complaints by Issue
- Raymond James Bank -- Trouble during payment process -- 4 complaints | All Trouble during payment process Complaints
- Raymond James Bank -- Applying for a mortgage or refinancing an existing mortgage -- 2 complaints | All Applying for a mortgage or refinancing an existing mortgage Complaints
- Raymond James Bank -- Struggling to pay mortgage -- 1 complaints | All Struggling to pay mortgage Complaints
- Raymond James Bank -- Fraud or scam -- 1 complaints | All Fraud or scam Complaints
- Raymond James Bank -- Incorrect information on your report -- 1 complaints | All Incorrect information on your report Complaints
Disclaimer
This analysis is based on CFPB complaint data and AI interpretation.
About This Report
This consumer complaint report for Raymond James Bank is generated by ReadTheComplaint using AI analysis of data from the CFPB.