Boeing Employees Credit Union Bank Account Or Service Complaint

Checking account Problems caused by my funds being low

Boeing Employees Credit Union Bank account or service department,

Checking account Problems caused by my funds being low Washington

I am writing to complain against BECU 's punitive and uncompromising charge of $25.00 against a transfer I tried to make and which BECU rejected for insufficient funds. On -, I tried to make an overseas deposit for $1000.00 using the -. I requested - to cancel the transaction immediately on - when I realized that I ordered the transaction from the wrong bank account, but it appears that - did not honor my request. I called - and they said they were looking into the issue. Today I called BECU.org and explained my problem and requested a reversal of the charges but they refused. My complaint is that although BECU rejected my transaction, the BECU Credit Union still fines me $25.00 for the transaction that they dishonored. I would have understood if BECU honored the transaction by giving me an overdraft and then charging me a fee, but they did not. I have had an account with BECU for a while, and I have never had a failed transaction. BECU prides itself as a CREDIT UNION, and it proudly advertises itself as more caring and friendly to its " members '' not " customers '' as the big banks call us. I suppose the word " members '' to BECU means the same as the word " customers '' to the big banks ; it 's just a matter of semantics ; the word " members '' sounds friendly in need and not in deed, because the bottom line is the same : " we, your friendly credit union, will not give you, members, a first time warning, but PUNISH you with an unreasonable fee even if you make a transaction that does not go through, and even if we ( BECU ) do not incur any loss of funds on our side, and that is the rule and that is how we treat our MEMBERS. '' I find this policy punitive and disrespectful and BECUs business practice loathsome and as pleonexic as the big bank 's policies. Please help me recover my money.

Boeing Employees Credit Union customer in Washington
Dec 07, 2015

* Source: CFPB Complaint Database

Boeing Employees Credit Union response to complaint:
Closed with monetary relief

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