Checking or savings account -- Problem caused by your funds being low -- Complaint #11049011

Complaint Overview

Complaint ID: 11049011

Company: Navy Federal Credit Union

Product: Checking or savings account

Sub-Product: Checking account

Issue: Problem caused by your funds being low

Sub-Issue: Non-sufficient funds and associated fees

State: Virginia

ZIP Code: 20147

Date Received: 2024-12-05T12:00:00-05:00

Date Sent to Company: 2024-12-05T12:00:00-05:00

Company Response: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

I was assessed a return check fee of {$29.00} on XX/XX/XXXX & again on XX/XX/XXXX. My statement reflects that the funds were available. The one in XXXX was for a {$1.00} pending charge that was just a verification that my account was active. Yes, a {$29.00} fee for a pending {$1.00} charge. My account balance at the time reflected {$1600.00} available balance. The instance in XXXX was for {$220.00} and my available balance reflected {$280.00}. I requested they refund the fees and was refuses without any further explanation than their system shows the funds weren't available. I requested it be escalated and reviewed again stating that this would cause me to close my account. They never responded again.

Frequently Asked Questions

What is Complaint #11049011 about?

Complaint #11049011 was filed against Navy Federal Credit Union regarding Checking or savings account specifically about Problem caused by your funds being low. It was received by the CFPB on 2024-12-05T12:00:00-05:00.

How did Navy Federal Credit Union respond to this complaint?

The company responded with: "Closed with monetary relief". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Checking or savings account) and describe your issue in detail.

Can I see other complaints against Navy Federal Credit Union?

Yes, visit the Navy Federal Credit Union company profile at readthecomplaint.com/company/navy-federal-credit-union to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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