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In reply to the discussion: Should Ally Bank Penalize Me for 6 Months over a $1.63 Mistake? [View all]ryan_cats
(2,061 posts)57. Isn't
Isn't it wonderful that banks in 2015 can still take advantage of check float? Even though 99.9% of checks clear by midnight the day they're deposited and it has been that way for many years.
Try counting on that float as a consumer like it was the 80s and 90s and you'll find yourself overdrawn.
Great that the bank is able to exploit a loophole doing it on their customer's backs. I applaud the audacity.
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In banking and with prescriptions, I find it's better to deal with a human face.
No Vested Interest
Nov 2015
#34
On a cost/benefit basis credit unions are almost always better for small depositors.
Gormy Cuss
Nov 2015
#66
I agree. I have been with them for about 15 years and have NEVER had a problem
smirkymonkey
Nov 2015
#64