TCF National Bank Bank Account Or Service Complaint

Other bank product/service Account opening, closing, or management

TCF National Bank Bank account or service department,

Other bank product/service Account opening, closing, or management Minnesota

I requested a payoff letter for my loan and was told it would take 5 business days to process my request. I explained that I needed to close on a refinance the next day and would come to the bank to collect the payoff amount in writing. The bank told me that they could not accommodate this. I explained that I would lose my lock on the rate and no fee refi, but it did not matter. They could not help me and would not issue a letter designating the 10 day payoff amount, even if I went to the bank to get it. The bank that is refinancing my loan was highly surprised as they could do this as a same day service and expected that TCF Bank could do this as well. I will need to resubmit my loan and lose the free refinance as well as an excellent rate.

TCF National Bank customer in Minnesota
Jun 23, 2016

* Source: CFPB Complaint Database

TCF National Bank response to complaint:
Closed with explanation

Created with Highcharts 4.2.3TCF National BankComplaint HistoryComplaints3/20124/20125/20126/20127/20128/20129/201210/201211/201212/20121/20132/20133/20134/20135/20136/20137/20138/20139/201310/201312/20131/20142/20143/20144/20145/20146/20147/20148/20149/201410/201411/201412/20141/20152/20153/20154/20155/20156/20157/20158/20159/201510/201512/20153/20164/20165/20166/20167/20168/20169/201610/201612/20163/201705101520Source: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3TCF National BankAccount opening, closing, or management57.4%27.8%4.9%5.4%4.5%Closed with explanationClosed with monetary reliefClosed with non-monetary reliefClosed with reliefClosed without reliefSource: Consumer Financial Protection Bureau
Created with Highcharts 4.2.3National AverageAccount opening, closing, or management0.1%8.6%3.3%1.8%3.7%15.8%66.2%0.6%Untimely responseClosed with non-monetary reliefClosed without reliefClosed with reliefClosedClosed with monetary reliefClosed with explanationIn progressSource: Consumer Financial Protection Bureau

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