M&T Bank Bank Account Or Service Complaint

M&T Bank Bank account or service department,

Savings account Account opening, closing, or management Maryland

I recently had a very troubling experience with Mand T Bank. There 's a long history with - accounts in my children 's name that was started about - to - years ago when they were in - school. They 're young adults now. I had - accounts with M and T, but the trouble is only with my - minor children 's acounts. These accounts were originally - seperate CD 's, started with - -. The starting principle was $1000.00 in each account. These were idle accounts where money was simply parked ''. About seven or eight years later, - - was taken over by M and T Bank. The - accounts had grown to about $1200.00 because of the accrued interest. At some point, M and T Bank started charging and auto-debiting $10.00 per month from my - children 's accounts, that were now M and T


sign to keep active '' notice. My wife and I have or are responsible for roughly -- small accounts in savings/checking/education/401k 's, and IRA 's with various banks. They include my wife 's ageing and ailing parents accounts, who are/were at poverty level income ( - now deceased ) and maitaining their meager property, and caregiving as well. We have much to deal with on a daily basis. Although we received sporadic account statements from M and T Bank, the charges and declining balances on these - accounts were not noticed. I only became aware when I saw my - year old son 's name listed in the local news paper that had a listing of unclaimed property held by the State just last week, - 2015. M and T Bank closed that account which I believe is now about $820.00. I was stunned that this could happen to anyone, let alone a minor. I am still waiting to here from M and T Bank on this matter. I appreciate any help or guidance you can give Thank You,