TD Bank Bank Account Or Service Complaint

TD Bank Bank account or service department,

Checking account Account opening, closing, or management New York

On - -, -, I went to the - - - - -, - -, -, NY, to open a checking account. Because I have had a savings account at this same branch since - -, and a positive banking relationship, I was astonished and embarrassed to be denied - a personal checking account for myself and a corporate checking account for my law firm, a P.C. incorporated in NY in - -. The reason for these denials was that the - indicated that my P.C. and I - combined - owed TD Bank a total of $200.00 in overdrafts. I dispute this. I was given neither notice of these alleged overdrafts nor an opportunity to prove that these alleged charges were illegal and invalid. Four or five years ago, -, I opened both personal and corporate checking accounts with TD Bank , NA. My - partner noted that I was spending an inordinate amount of time in the - - - Branch of TD Bank, contesting unwarranted and unjustified overdrafts. Finally a friendly TD Bank officer told me quietly that it was bank policy to maximize the number of overdraft fees on each account, by manipulating the receipt of debits and credits. In - - a - federal judge approved a $62.00 million class action settlement arising out of TD Bank 's illegal overdraft policies. ( In re : Checking Account Overdraft Litigation -. Because TD Bank has continued to practice its illegal overdraft policies despite the - settlement, a new TD Bank overdraft fee class action was filed on - -, -, in federal court - - - et al. v. TD Bank NA, case number -, - - - for the - - of - - - This litigation is still pending, and I am still waiting for a refund check for the overdraft fees improperly charged to my - accounts. Meanwhile it would be prudent for - and - to cease and desistfrom implementing TD Bank policies to force customers to pay illegal overdraft fees, or to forego checking accounts at other more reputable banks.