Checking or savings account -- Managing an account -- Complaint #18322199

Complaint Overview

Complaint ID: 18322199

Company: Truist Financial Corporation

Product: Checking or savings account

Sub-Product: Checking account

Issue: Managing an account

Sub-Issue: Funds not handled or disbursed as instructed

State: Alabama

ZIP Code: 355XX

Date Received: 2025-12-27T12:00:00-05:00

Date Sent to Company: 2025-12-27T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

On XX/XX/year> mobile deposits were made. These deposits were paychecks that are always deposited. A message was sent that the funds had been placed on hold due to confidential information that the funds could be returned. A representative advised that the funds would be released XX/XX/year>. The funds were not available. Another call was made and the representative advised the message received was a generic message and that a request to release funds were made. The representative reviewed and saw how long Ive been a customer and saw it was normal for these deposits to be made. On XX/XX/year> the funds were not available and another call was made. The representative advised it takes 1-2 business days to review and no one there could release the funds. My account had been reviewed by representatives and it was clear Ive never overdrafted, the timing of depsoits, etc. No assistance has been provided releasing the funds. It appears that no one can assist, they just advised I have to wait. When asked if Truist would cover any bills scheduled to be deducted because of them withholding funds, I was advised they will not cover anything. This has caused hardship with no one correcting the matter.

Frequently Asked Questions

What is Complaint #18322199 about?

Complaint #18322199 was filed against Truist Financial Corporation regarding Checking or savings account specifically about Managing an account. It was received by the CFPB on 2025-12-27T12:00:00-05:00.

How did Truist Financial Corporation respond to this complaint?

The company responded with: "Closed with explanation". 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 Truist Financial Corporation?

Yes, visit the Truist Financial Corporation company profile at readthecomplaint.com/company/truist-financial-corporation 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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