Checking or savings account -- Closing an account -- Complaint #6440511

Complaint Overview

Complaint ID: 6440511

Company: Webster Bank, National Association

Product: Checking or savings account

Sub-Product: CD (Certificate of Deposit)

Issue: Closing an account

Sub-Issue: Can't close your account

State: Connecticut

ZIP Code: 067XX

Date Received: 2023-01-13T12:00:00-05:00

Date Sent to Company: 2023-01-13T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

Went to XXXX bank on XX/XX/2023 at about XXXX PM to close custodian account since I am now XXXX years of age. And was denied by the teller then spoke to XXXX XXXX at XXXX bank and was given a copy of a policy that only speaks about minors having to have the custodian with them. After speaking with XXXX XXXX and him making several phone calls. I was shown the same policy that strictly speaks of minors on accounts. And was denied access to my funds on my custodian CD. Also denied any account if. He only stated that he saw the account. Left a message for XXXX XXXX to contact me back.

Frequently Asked Questions

What is Complaint #6440511 about?

Complaint #6440511 was filed against Webster Bank, National Association regarding Checking or savings account specifically about Closing an account. It was received by the CFPB on 2023-01-13T12:00:00-05:00.

How did Webster Bank, National Association 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 Webster Bank, National Association?

Yes, visit the Webster Bank, National Association company profile at readthecomplaint.com/company/webster-bank-national-association 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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