Checking or savings account -- Managing an account -- Complaint #8168207

Complaint Overview

Complaint ID: 8168207

Company: Bank Of America, National Association

Product: Checking or savings account

Sub-Product: Checking account

Issue: Managing an account

Sub-Issue: Deposits and withdrawals

State: Iowa

ZIP Code: 50317

Date Received: 2024-01-17T12:00:00-05:00

Date Sent to Company: 2024-01-17T12:00:00-05:00

Company Response: Closed with monetary relief

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

I submitted a paycheck from ADP from my employer from an Iowa bank in Iowa which I live. I went to my bank, Bank of America. The check was for {$1200.00} and some change. It was my paycheck. Ive never had a problem with their checks being returned before. The bank is holding my check until a WHOLE 7 days because information on the check indicates it may be returned this is such a bologna reasoning and I need my money to pay my bills. Requests for payments have been returned in my account however, NEVER HAS A DEPOSIT BEEN RETURNED. This is crazy and I need my money and they shouldnt be doing this with at least giving any temporary available funds or trusting their customers.

Frequently Asked Questions

What is Complaint #8168207 about?

Complaint #8168207 was filed against Bank Of America, National Association regarding Checking or savings account specifically about Managing an account. It was received by the CFPB on 2024-01-17T12:00:00-05:00.

How did Bank Of America, National Association 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 Bank Of America, National Association?

Yes, visit the Bank Of America, National Association company profile at readthecomplaint.com/company/bank-of-america-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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